The OPEC Fund has approved a US$500,000 aid grant to provide urgent and medium-term relief to the affected population and by meeting essential needs such as food, clean water, shelter,…
The world economic growth in 2023 is to remain broadly unchanged at 2.6%, according to the organisation, with the initial forecast for 2024 economic growth expected at 2.5%…reports Asian Lite…
The Secretary-General noted that ‘Inclusivity’ relates to ensuring all voices are heard in discussions on energy transitions, developing and developed countries, producers and consumers….reports Asian Lite News Secretary-General of OPEC…
Al Ghais lauded the UAE’s support for the organisation, stating that since joining OPEC, the country has played a leading role in all its affairs….reports Asian Lite News Haitham Al…
The two sides reviewed the expectations of global demand, highlighting the significance of establishing a dialogue…reports Asian Lite News Haitham Al Ghais, Secretary-General of the Organisation of the Petroleum Exporting…
UAE among members of Organisation of Petroleum Exporting Countries (OPEC) Plus announced a surprise cut in oil production that will exceed one million barrels a day….reports Asian Lite News Oil…
OPEC Secretary General said the oil and gas industry, which will retain its share as a critical component of the energy mix, must transform and decarbonise operations…reports Asian Lite News…
The JMMC comprises oil ministers from the OPEC+ countries. It has no decision-making power but provides policy recommendations for the OPEC+ ministerial meeting, the group’s decision-making body…reports Asian Lite News…
Al Ghais described the UAE’s prominent role in the international oil market, highlighting its essential work in production monitoring committees at ministerial and technical levels….reports Asian Lite News Secretary-General of…
The project is co-financed with the Arab Bank for Economic Development in Africa (BADEA) and will include the expansion of the institute’s facilities and allow 600 more students each year…reports…
