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Showing posts with label OPEC. Show all posts
Showing posts with label OPEC. Show all posts

Monday, June 19, 2023

Renewal Energy: OPEC, IRENA partner on ETAF - NaijaAgroNet

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The OPEC Fund for International Development (OPEC Fund) has signed an agreement with the International Renewable Energy Agency (IRENA) to join the Energy Transition Accelerator Financing (ETAF) platform, reports NaijaAgroNet.
ETAF platform, NaijaAgroNet recalled is a global initiative that seeks to mobilise funds for renewable energy investments. 

Wednesday, June 11, 2014

Alison-Madueke is alternative OPEC President


The Minister for Petroleum, Princess Diezani Kogbeni Alison-Madueke is the alternative president of the Organization of the Petroleum Exporting Countries (OPEC), NaijaAgroNet can confirm.

This, NaijaAgroNet also reports offers Nigeria the privilege to deputise the incumbent president from Libya at the OPEC meetings, in spite of the schemes by Iran to turn the table.

Sources close to OPEC and exposed by The Wall Street Journal were reported as quoting an OPEC insider saying this “could end a long-running leadership standoff at the cartel, but which could also be controversial at home.”

The report also exposed that Nigeria’s delegation at OPEC has stepped up lobby for Alison-Madueke to get the OPEC topnotch job, stressing that Petroleum ministers from other OPEC countries are “reportedly divided over new Nigerian leadership pitch” and that Alison-Madueke faces resistance from the Arab member nations.

Further NaijaAgroNet inquiries showed that OPEC has been bedeviled with internal wrangling and divisions as it looks to nominate a new leadership. Abdulla Salem el-Badri, the group’s long-standing secretary general, had been due to step down two years ago but the group could not decide on a replacement. Iran has for years coveted placing one of its own senior oil officials at the head of the group’s secretariat in Vienna – a move that Saudi Arabia has vigorously opposed.”

NaijaAgroNet gathered that last December, Alison-Madueke was named OPEC’s alternate president at the caucus’ 164th session in Vienna, Austria, which means that Mrs. Allison-Madueke could deputise for the Dr. Abdel Bari Ali Al-Arousi, who is the Minister of Oil and Gas of Libya elected president of the conference for another year from January 1, 2014.
Nigeria became full member of OPEC since 1971.

NaijaAgroNet recalls that Mrs Diezani Alison-Madueke, the Minister of Petroleum Resources represents Nigeria as the alternate President of the OPEC Conference.

Born on December 6, 1960 in the city of Port-Harcourt, Rivers State, Alison-Madueke holds BArch, Howard University, Washington, DC (USA), MBA, Judge Institute of Management, University of Cambridge, UK, 2003, and has worked for Charles Szoradi Architects, Washington, DC.

She was a project engineer, American Interior Builders, Inc., Washington, DC and Coordinated designs for Furman Construction Management, Inc., Rockville, Maryland; Project Manager, Howard University, Washington, DC where she also worked as member, Planning and Development Team, Howard University, Washington, DC before returning to Nigeria to join Shell Petroleum Company Lagos as the Head of Project Unit, Estate Development Division.

Mrs. Alison-Madueke continued to progress within Shell Corporation as she was elevated to Head of Corporate Issues Identification & Management Department, External Affairs Directorate, Shell Petroleum Company, Lagos; Senior JV Relations Adviser for Strategy and Planning, Shell Petroleum Company; Lead Ventures Relation Adviser, Shell Petroleum Company, Lagos, Nigeria; External Affairs Director, Board of Shell Petroleum Development Company Nigeria.


In July 2007, she was appointed Minister of Transportation; Minister of Mines and Steel Development, December 2008 and till date serving as the Minister of Petroleum Resources, since April 2010.

Chuks Egbuna/GEE
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Pix: Princess Alison-Madueke