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OPEC

Equatorial Guinea: President Obiang Nguema Mbasogo received a delegation from OPEC

September 13, 2022 Steven Addamah 0

The President of the Republic, Obiang Nguema Mbasogo, has granted an audience this Monday to a high delegation of the Organization of Petroleum Exporting Countries, […]

Mohammad Barkindo, head of OPEC, died in Abuja

July 7, 2022 Steven Addamah 0

The secretary general of the Organization of Petroleum Exporting Countries (OPEC), Mohammad Barkindo of Nigeria, died on Tuesday, official sources said. He was 63 years […]

Strike shuts down Congo’s oil facilities

July 1, 2022 Geraldine Boechat 0

Workers of oil companies operating in Congo have begun an unlimited strike over wage demands, paralyzing the sector which accounts for more than 80% of […]

Opec Secretary General visits Congo-Brazzaville

August 24, 2021 Khalid Al Mouahidi 0

The Secretary General of the Organization of Petroleum Producing Countries, Mohammed Barkindo of Nigeria, arrived in Congo-Brazzaville on Sunday evening. This is the first visit […]

Nigeria and Algeria could see their petrol production increased as OPEC agreed to raise production limits

July 19, 2021 Khalid Al Mouahidi 0

OPEC and allied countries, meeting as OPEC+, agreed Sunday to raise production limits on five countries, ending a dispute that had sent global energy prices […]

IMF to consider bailout for debt-crippled Congo Republic

June 28, 2018 Khalid Al Mouahidi 0

The Executive Board of the International Monetary Fund will examine Congo Republic’s request for a bailout on July 6, the international lender said on Wednesday. […]

Congo Brazzaville becomes Africa’s 7th OPEC Member

June 25, 2018 Khalid Al Mouahidi 0

The Ministry of Hydrocarbons for the Republic of the Congo has announced that the country has become the fifteenth member of the Organization for Petroleum […]

Congo has “met” criteria for an IMF deal

April 23, 2018 Geraldine Boechat 0

Congo Republic over the weekend said it fulfilled the criteria for a deal with the International Monetary Fund (IMF) to revamp its debt-crippled economy. The […]

Nigeria to raise $2.5 billion through Eurobonds

January 26, 2018 Khalid Al Mouahidi 0

Nigeria will raise $2.5 billion through Eurobonds in the first quarter, the Debt Management Office (DMO) said on Thursday. According to the head of the […]

Oil-dependent Gabon economy grew 0.8% in 2017 – IMF

December 29, 2017 Geraldine Boechat 0

The International Monetary Fund on Thursday downgraded Gabon’s economy growth forecast of 2017 form 1 percent to 0.8 percent. The international lender expects growth to […]

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  • Morocco Closes Minurso Chapter After Russian Veto, Calling It a Step Toward Ending UNSC Involvement
  • Crown Prince Moulay El Hassan Launches Operations at First Container Terminal of Nador West Med Port
  • Royal Office: Non-Renewal of MINURSO Mandate, Significant Step Toward Definitive Closure of Sahara Issue
  • South Africa prepares for possible exclusion from US-Africa trade deal
  • Côte d’Ivoire to invest $3.5m in reintegration of returning migrants
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