Tag Archives: Opec

Very Difficult for Nigeria to Reduce Oil Production, Says Oil Minister, Ibe Kachikwu

Today, Thursday, OPEC’s meeting kicked off in Vienna with Nations from the oil-producing group aiming to decide on the organization’s future course of action. Nigerian Oil Minister Dr. Emmanuel Ibe Kachikwu who is currently in Vienna in an exclusive interview with Bloomberg Daybreak: Europe discusses the deal to cut oil production, how Nigeria will contribute to the cuts, where he thinks…

Read more

Nigeria’s Mohammed Barkindo Appointed OPEC Scribe

 “R-L: Minister of State for Petroleum Resources, Dr. Ibe Kachikwu newly appointed Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Dr. Mohammed Sanusi Barkindo and Head of Chancery, Nigeria Embassy in Austria   Gazing Dangtim at the OPEC Conference in Vienna”  Nigeria’s Mohammed Barkindo has been appointed Secretary General of the Organization of…

Read more

Diezani Out As Kachikwu Emerges New OPEC President

  On the heels of President Muhammadu Buhari’s appointment of himself as the country’s Minister of Petroleum resources, many were of the opinion that he would also automatically assume the position of President of the Organization of Petroleum Exporting Countries (OPEC). These speculations have however been put to rest following a recent update on the…

Read more

Nigeria Retains OPEC Presidency Despite Deziani’s Exit As Petroleum Minister

The Presidency of the Organisation of Petroleum Exporting Countries (OPEC) is still under Nigeria’s control despite the exit of its Petroleum Resources Minister, Mrs. Deziani Alison-Madueke, an official of the Nigerian National Petroleum Corporation (NNPC) with knowledge of the workings of OPEC, said Thursday in Abuja. The official, who preferred anonymity, according to state owned…

Read more