OPEC Chief Haitham Al-Ghais broke bread with US shale bosses Monday night in his first meeting with the producers since he took the helm of the oil cartel in July. At the table, which included Occidental Petroleum Corp. CEO Vicki Hollub and Pioneer Natural Resources CEO Scott Sheffield, talk centered …
Read More »OPEC Secretary General: Libya is One of our Major Partners
The Secretary-General of the Organization of Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, who visited Tripoli Wednesday, discussed issues related to the oil and gas sector, hailing Libya as one of the most important major partners in OPEC. The Libyan Minister of Oil and Gas, Mohammed Oun, and the Head of …
Read More »OPEC chief calls on oil industry to speak ‘louder’
Haitham Al Ghais, Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC) has called upon the oil industry to get united and be more vocal in the face of criticism that the industry is a major polluter. He said this to a gathering of delegates at the Middle …
Read More »OPEC+ should Get due Recognition for Constructive Role
OPEC Secretary General Haitham Al Ghais said on Monday the collective decision to cut output in October was the right move and added that credit should be given to the OPEC+ alliance for its constructive role in supporting global market stability. “Due recognition should be given for our constructive and …
Read More »OPEC: Cooperation has Stabilised Oil Market
The Organisation of Petroleum Exporting Countries (OPEC), has said the Document of Cooperation between the cartel and non-OPEC members has stabilised the oil market. OPEC Secretary-General, Haitham Al Ghais, in a statement at the weekend to mark the sixth year of the agreement, added that it has also helped in …
Read More »OPEC Sec Gen: Oil Investment Lag Sowing Seeds for Future Energy Crises
The world must act swiftly to invest in oil to prevent future energy emergencies as global demand for the hydrocarbon grows in the long term, Organization of the Petroleum Exporting Countries (OPEC) Secretary General Haitham Al Ghais said on Tuesday, November 1. “If we don’t get it right this time, …
Read More »OPEC to Launch Oil Outlook at ADIPEC
The 2022 OPEC World Oil Outlook (WOO) will be launched at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022 in Abu Dhabi Today (Monday, 31 October 2022). OPEC’s Secretary General, Haitham Al Ghais, along with OPEC experts, will present the major findings of the WOO 2022, as well …
Read More »Al Ghais: OPEC isn’t Responsible for Inflation
While OPEC often finds itself the usual suspect when it comes to high crude oil and gasoline prices, it is not behind the current inflation trend, OPEC Secretary General Haitham Al Ghais said on Wednesday. “There are other factors beyond OPEC that are really behind the spike we have seen …
Read More »OPEC Secretary General Says Russia’s Membership in OPEC+ is Vital for Success of Agreement
OPEC’s new secretary general said that Russia’s membership in OPEC+ is vital for the success of the agreement, Kuwait’s Alrai newspaper reported on Sunday, quoting an exclusive interview with Haitham al-Ghais. He said OPEC is not in competition with Russia, calling it “a big, main and highly influential player in …
Read More »OPEC Secretary General Stresses Iran’s Role in Oil Market Stability
The secretary general of the Organization of Petroleum Exporting Countries (OPEC) said that Iran was one of the most important founding members of the entity with a significant role in stabilizing the oil market. In an interview with Kuwaiti newspaper Al Ra’I on Sunday, Haitham al-Ghais said that Iran and …
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