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Added on the 12/12/2018 12:58:33 - Copyright : Euronews EN
Former OPEC president Diezani Alison-Madueke leaves a London court after appearing over bribery charges relating to her time as Nigeria's oil minister. The UK's National Crime Agency says Alison-Madueke allegedly benefitted from at least £100,000 in cash, chauffeur-driven cars, flights and luxury holidays accepted as rewards "for awarding multi-million pound contracts". The 63-year-old was arrested in October 2015, shortly after which her family's lawyer said she would strongly contest the allegations. IMAGES
During a presentation of the latest European economic forecasts for 2022 and 2023, EU economy commissioner Paolo Gentiloni says that "inflation has continued to rise faster than expected, but we believe that the peak is near. Most likely at the end of this year". Europe is reeling from the economic shockwaves unleashed by Russia's war on Ukraine that has fuelled a spike in energy costs and hit the wallets of consumers around the continent. SOUNDBITE
Abdulaziz bin Salman, Saudi Arabia's energy minister, Alexander Novak, Russian deputy prime minister in charge of energy, Suhail Mohammed Al Mazrouei, energy minister of the United Arab Emirates and Haitham al-Ghais, Secretary General of OPEC arrive at the OPEC+ meeting in Vienna, expected to agree on major production cuts to prop up prices. IMAGES
The Saudi Minister of Energy, Prince Abdulaziz bin Salman, arrives at his hotel in Vienna on the eve of an OPEC+ meeting, the first in-person meeting at the group's headquarters since March 2020. IMAGES
In Luxembourg, German Finance Minister Christian Lindner says it is not yet possible for the EU to cut Russian gas imports as a sanction against Moscow's invasion of Ukraine. SOUNDBITE
Climate activists gather outside the OPEC headquarters in Vienna ahead of a meeting of the group. Faced with slowing global economic growth and abundant reserves putting pressure on oil prices, the OPEC group and its partners could seek to deepen output cuts when they meet in the Austrian capital. IMAGES
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