Region, Cross OAPEC comprises Saudi Arabia, Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Syria, Tunisia and the UAE. Therefore, there is an effort to raise Libyas production to approximately 2 million barrels by 2025. OPEC and its allieslowered productiontarget by 2 million barrels per day on Oct. 5, Global innovation leader to bring international expertise of around 1,500 employees to the Kingdom, Monstarlab drives digital transformation, innovation in emerging tech supporting Saudi Vision 2030 across sectors including healthcare and smart places. All Rights Reserved. (Reuters/File Photo). In the fourth quarter of 2022, the company registered a net loss of SR16 million against a net profit of SR79.86 million in the year-ago period. McDonald's is trying to diversify the ranks of its restaurant owners across the US, where it has about 13,500 locations. See here for a complete list of exchanges and delays. (OAPEC) was established by virtue of the agreement signed in Beirut on January 9, 1968 between Saudi Arabia, Kuwait and Libya regarding the establishment of a specialized Arab regional organization . Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. The most common side effects of pholcodine are dizziness, nausea and sedation. The decision took into account the uncertainty surrounding the performance of the global economy, and was in line with . One senior official from each member state serves on the Executive Bureau. Kuwait's Ministry of Oil said in a joint statement, on Monday, that Dr Al-Fares, also Minister of . The decision took into account the uncertainty surrounding the performance of the global economy and was in line with the successful approach taken . If you have any complaints or copyright issues related to this article, kindly contact the provider above. CAIRO - The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct, and was taken at the right time. Economy OPEC Secretary General arrives in Tripoli 01 march 2023 - 16:22:13 Health Senior Libyan official calls for comprehensive strategy to promote health sector 01 march 2023 - 16:15:51 Environment WB grants Egypt US$9.13 m to improve management of electronic, healthcare waste in Cairo 01 march 2023 - 13:58:03 Faisal Alamro commented: The establishment of the new Monstarlab office in Riyadh will enable us to expand regionally and further enhance our global reach, and attract new potential projects in the Middle East, particularly GCC, as well as Africa and Europe. OPEC Secretary General Mohammad Barkindo dies at age 63. 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. Below is a list with each Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), based on the organization's official publications. The embargo would last for some five months before it was lifted in March 1974 after negotiations at the Washington Oil Summit. He emphasised the role of the organization in maintaining support for Libya in excluding it from the cuts that the organization proposes to member states from time to time to control oil prices to keep them within internationally acceptable prices. The Secretary-General of the Gulf Cooperation Council, Dr. Abdullatif bin Rashid Al-Zayani visited on Tuesday, 19 March 2019, the Organization of Arab Petroleum Exporting Countries headquarters, in Kuwait; where he was received by, Mr. Abbas Ali Al-Naqi, the OAPEC Secretary-General, and a number of the Organization senior officials. English Deutsch Franais Espaol Portugus Italiano Romn Nederlands Latina Dansk Svenska Norsk Magyar Bahasa Indonesia Trke Suomi Latvian Lithuanian esk . The cause of death has not been announced. Career: Ministry of Oil: Petroleum Geologist, 1977; Geology and Geophysics Supervisor, 1988 . Opinions expressed in the comments section do not reflect the views of Argaam. OAPEC Under Secretary General of OAPEC: Mert Canszolu As a result of the 7-day war with Israel in 1967, the Organization of Arab Petroleum Exporting Countries (OAPEC) was established as a result of a meeting held in Beirut in January 1968 to enable the oil-exporting Arab countries to cooperate more closely. Social Connect. The discussions tackled the organization significant role in bolstering and developing joint cooperation and coordination among the member countries in oil and gas domain, as well as enriching the Arab Petroleum industry with the technical studies. Visit our, Oil Minister Aoun denies barring two UK companies from investing in oil sector, Delaying Eni gas deal would turn Libya into a gas importer by 2027: PM Aldabaiba, Mohamed Menfi Manfi Presidency Council head February 2021, JICA and WFP introduce Japanese Kaizen Management Approach to Libyan youth and female entrepreneurs, Conference on development of Libyas banking sector to be held next August in Benghazi, Third Libya Development Partners Forum meets in Tripoli to discuss Health Sector Reform, UBAE holds risk management training for Libyan banks in Tunis, The General Union of Chambers of Commerce signs cooperation agreement with its Malaysian counterpart, Marathon Airlines offers free tickets on inaugural Benghazi-Athens flight, Make 2023 the year of free and fair Libyan elections: U.S. State Department, NOC refutes African Intelligence report on prosecutor probes, CBL launches pre-loaded US$ 100,000 debit card for small business, OPEC Secretary General visits Tripoli: Stable Libya has a role in OPEC strategies. Saudi British Bank and Banque Saudi Fransi, which zoomed up by 4.98 percent and 4.13 percent, were among Wednesdays top performers. Delegates from UNCTAD's 195 member states applauded its outgoing Secretary-General Mukhisa Kituyi for his outstanding leadership of the organization for nearly eight years, as he prepares to step down from the role on 15 February. OAPEC is regarded[by whom?] A number of the member nations would use this sense of control to renegotiate the contracts they had made with the companies that had discovered and exploited their resources. In an era marked by the challenges of climate change and food insecurity, NEOM is committed to developing ground-breaking food solutions, with the support of our industry partners and specialists,saidJuan CarlosMotamayor,executivedirectorofNEOM Food Sector. The Economics Department and the Technical Affairs Department form the Arab Center for Energy Studies that was established in 1983. Its share price increased 2.6 percent to SR22.06. The KSA ICT Strategy 2023 aims to increase the ICT sectors contribution to GDP, grow levels of Saudization in the sector, increase womens participation in the sector and boost IT and emerging technology adoption. OPEC Secretary General Haitham Al-Ghais visits Tripoli (Photo: GNU). Organization Of Arab Petroleum Exporting Countries H.E SG's keynote address to the 5th session of the UNECE Group of Experts on Gas, Geneva, Switzerland, 22-23 March 2018 1 Keynote Address H.E. oMoroccan Foreign Minister arrives in Bahrain. Can Turkiye build back its cities better after the latest deadly earthquakes? OAPEC secretary general Ali bin Sabt added in a statement. The 13-member Organization of the Petroleum Exporting Countries (OPEC) and its allies, which include Russia, lowered their production target by 2 million barrels per day when they met on Oct. 5. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. Our Standards: The Thomson Reuters Trust Principles. Dr. Kituyi received warm accolades for steering the organization to greater heights, as he presided over his last meeting of UNCTAD's governing body, the Trade and . It also booked an increase in its share of results of equity-accounted investments and gains from investments at fair value and other income, which led to a rise in the net profit margin of 22.2 percent in 2022 from 17.8 percent in the previous year. SECRETARY GENERAL ANNUAL REPORT 2021. The move came even though fuel markets remain tight, with inventories in major economies at lower levels than when OPEC has cut output in the past. The arrangement includes$1.5 billionfrom the National Development Fund on behalf of the National Infrastructure Fund. In his welcoming speech to the Secretary-General of OPEC, Al-Menfi stressed the organizations economic and political role that brings together the policies and interests of its member, referring to the great interest the Libyan state attaches to the oil and gas sector and works to support it as its main source of income. Copyright 2000 MENAFN. to be a conservative Arab political organization which, by restricting membership to countries whose main export was oil, would exclude governments seen as radical such as those of Egypt and Algeria. His Excellency the Secretary General of the Arab Petroleum Exporting Countries (OAPEC), Mr. Ali Sabt. Links. In turn, the Secretary-General of OPEC said that he was happy to visit Libya as an important country in the organization, which it joined in 1962. The Economics Department and the Technical Affairs Department form the Arab Center for . The decision took into account the uncertainty surrounding the performance of the global economy, and was in line with the successful approach taken by OPEC+ in taking proactive steps to avoid any oil market imbalances, especially on the demand and supply sides, OAPEC secretary general Ali bin Sabt added in a statement. Sign up for our newsletter and be the first to hear about our activities, Organization of Arab Petroleum Exporting Countries, Monthly Report on Petroleum Developments In The World Markets, ROLE OF HYDROGEN IN THE ENERGY TRANSITION, 24rd Forum on Fundamentals of Oil & Gas Industry, Performance Improvement of Petroleum Downstream Industries. The business acquisition is enabling Pioneers to utilise Monstarlabs world-class digital capabilities, supporting its vision to provide clients with consulting solutions that have real impact. In addition to this, the arrangement also includes$1.25 billion inthe form of Saudi riyal-denominated financing from Saudi Industrial Development Fund. Hiroki Inagawa, Monstarlabs Group CEO, said: We are proud to be officially launching our new office in Riyadh which forms part of our ongoing investments and commitment to KSA. In this capacity, he administers the affairs of the Organization in accordance with the directions of the Board of Governors. [6], As of December 2020, OAPEC has 11 members countries, 6 of which are also OPEC members:[7]. "We lost our esteemed Dr Muhammad Sanusi Barkindo," a tweet early Wednesday morning from his verified Twitter handle read. Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. Iraq initially declined to join, preferring to work under the umbrella of the Arab League, considering OAPEC too conservative. The NEOM Green Hydrogen Project includes the development, financing, design, engineering, procurement, manufacturing, and factory testing of a world scale green hydrogen and green ammonia plant. 23/03/2021 The developments of global LNG sector in 2020. Working to raise production Argaam.com Copyright 2023, Argaam Investment, All Rights Reserved, {{getCommenterName(comment.ParentThreadID)}}. Abusive comments of any kind will be removed. Riyad Bankemergedas a close second, rising 5.37 percent to SR27.45. As part of its commitment to investing in KSA, Monstarlab recently announced the acquisition of Pioneers Consulting, a leader in design and implementation of strategies, founded by Faisal Alamro, Abdullah Aldakheel and Ahmed Alghofaily and developed in KSA. See here for a complete list of exchanges and delays. RIYADH:Bahrain International Airport welcomed 6.9 million passengers in 2022, marking an increase of 125 percent from 3 million in 2021, the Bahrain News Agency reported. The industry leader for online information for tax, accounting and finance professionals. The original aim was to control the economic weapon of potential oil embargo and prevent its use caused by popular emotion. Oil Minister Dr Mohammad Al-Fares. CAIRO (Reuters) - The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct, and was taken at the right time. Barkindo, 63, a veteran of the oil . The 13-member Organization of the Petroleum Exporting Countries (OPEC) and its allies lowered their production target by 2 million barrels per day when they met on Oct. 5. The General Secretariat consists of the Secretary General's Office, as well as four departments: Finance and Administrative Affairs; Information and Library; Economics; and Technical Affairs. TASIs total trading turnover of the benchmark index was SR4.13 billion ($1.10 billion) as 138 stocks of the listed 224 advanced and 70 retracted. On 9 January 1968, three of the thenmost conservative Arab oil states Kuwait, Libya, and Saudi Arabia agreed at a conference in Beirut, Lebanon to found the Organization of Arab Petroleum Exporting Countries, aiming to separate the production and sale of oil from politics in the wake of the halfhearted 1967 oil embargo in response to the Six-Day War. Got a confidential news tip? Kuwait's Al-Loughani Assumes Office Of New OAPEC Secretary General. The consortium of financiers from which the balance came from entails First Abu Dhabi Bank, HSBC, Standard Chartered Bank, Mitsubishi UFJ Financial Group, BNP Paribas, Abu Dhabi Commercial Bank, among several others. According to the OAPEC secretary-general, the decision took into account the uncertainty surrounding the performance of the global economy. . Earlier, the secretary general of the Organisation of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the Opec+ decision to cut its oil production target is correct and was taken . The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs. While MSCI Tadawul 30 Index increased 1.03 percent to 1,385.96, the parallel marketNomuclosed higher at 19,216.88. The decision took into account the uncertainty surrounding the performance of the global economy, and was in line with the successful approach taken by OPEC+ . The decision took into account the uncertainty surrounding the performance of the global economy, and was in line with the successful approach taken by OPEC+ in taking proactive steps to avoid any oil market imbalances, especially on the demand and supply sides, OAPEC secretary general Ali bin Sabt added in a statement. NEOM is doing this to attract the best students in the world to come and be prepared for the research and innovation for the future of mining, Al-Nasr explained. Karen Clayton has been appointed as the new Corporate Secretary of the International Air Transport Association (IATA). On the announcements front, Methanol Chemicals Co., also known as Chemanol, reported a 15 percent decline in its annual net profit to SR206.4 million from SR244 million in 2021. The Libya Herald first appeared on 17 February 2012 the first anniversary of the Libyan Revolution. "Through our strategic base in KSA, we will be able to expand our innovation solutions and strategic services capabilities across a wide range of sectors including healthcare, hospitality, finance, technology and more.. All quotes delayed a minimum of 15 minutes. KUWAIT CITY: The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct and was taken at the right time. . List of OPEC Secretaries General No. Mr. Abbas A. Al-Naqi Secretary General (OAPEC) Mr. Scott Foster, Director of Sustainable Energy Division, Office of BNA Director General Tel: +973 17 455 400 Editorial and Correspondents Section Tel: +973 17 455 455 P.O. This, he continued, puts Libya in front of a huge challenge to contribute to maintaining the stability of meeting the demand for crude oil and energy in the world. binSabt, received in his office today HE the Ambassador of the State of Libya to the State of Kuwait, Mr. Suleiman Al-Sahili. Abdallah Salem el-Badri, a former head of Libya's National Oil Corporation served as secretary-general from 2007 to 2016, making him the longest serving holder of the post in the organisation's history. KUWAIT: Kuwait's Oil Minister Dr Mohammad Al-Fares has held talks with Secretary General of the Organization of Arab Petroleum Exporting Countries (OAPEC) Ali bin Sabt on current developments in the oil and gas sectors at the Arab and international levels. The secretary general of oil producers group OPEC, Mohammad Barkindo, has died, the boss of Nigerian National Petroleum Corp (NNPC) announced on Wednesday. "Our plan is to nurture Saudi talent as well as people from the wider region to fill most of the new roles created. Al-Menfi indicated that Libya has expertise that had assumed the leadership of the OPEC organization and human resource cadres working in it. The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct, and was taken at the . Submit Your Articles/Press Releases/Reports. 'Daunting challenges' facing Africa In his opening remarks, Abdallah said: "We should . Bahrain Airport Co.s Airport Facilitation Committee on Wednesday disclosed these numbers at a meeting to review the operational aspects of the facility, which checked passengers, crew, and baggage movement at the BIA. His Excellency the Secretary-General welcomed the Libyan ambassador, and during the meeting, issues of common interest . Geopolitical conflicts and sanctions have led to much tighter oil supplies, pushing prices tomultiyear highs amid fears of a global recession. Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology. CAIRO (Reuters) - The secretary general of the Organization of Arab Petroleum Exporting Countries (OAPEC) said on Saturday that the OPEC+ decision to cut its oil production target is correct, and . Mohammad Barkindo, Nigerian politician and secretary-general of oil producer group OPEC, has died at the age of 63, just days before he was set to finish his term at the organization. Brief remarks by OPEC Secretary General. The company on March 1 reported a 27 percent increase in net profit after zakat and tax to SR245.7 million in 2022 from SR193.3 million in 2021. ! The cargo tonnage increased by 17 percent to 379,000 tons in 2022 from 324,000 tons in 2021. This organizational exclusivity was bolstered by an additional rule in the organization's charter requiring the three founders' approval of all new members. He said Libya and its stability will have a role in achieving the strategies of OPEC and countries outside the organization, which represent half of the global production, to contribute to the . 52. The embargo's after-effects would linger through the rest of the decade and beyond. Apart from Nigeria, Libya is the only African country to have held the post of secretary-general during the last 30 years. I look forward to contributing to the organization's work on a plethora of energy-related issues, at a time when the world's eyes are focused on both short- and long-term energy market outlooks.". The Media and Entertainment Index was also in the spotlight as it leaped 4 percent to 22,870.58, following healthy buying in the shares of Saudi Research and Media Group, which closed 4.19 percent higher to SR194. Data is a real-time snapshot *Data is delayed at least 15 minutes. OAPEC comprises Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, Syria, Tunisia and the United Arab Emirates. Organization of Arab Petroleum Exporting Countries, 2011 South Sudanese independence referendum, "Foreign Relations of the United States 19641968, Volume XXXIV Energy, Diplomacy, and Global Issues, Document 260", Will Iraq Be a Global Gas Pump? Its share price closed slightly higher at SR53. Around 1,500 employees will join the office in Riyadh, to help fast-track digitalization and talent development in Saudi Arabia. OPEC, the Vienna-based . (Reporting by Moataz Mohamed; Editing by William Maclean). Shafaq News/ The Organization of Arab Petroleum Exporting Countries (OAPEC) elected Iraq's oil minister, Hayyan Abdul-Ghani, as a secretary-general during its 109th meeting on Monday. The Organization of Arab Petroleum Exporting Countries (OAPEC) . KUWAIT: The Organization of Arab Petroleum Exporting Countries (OAPEC) and Kuwait National Petroleum Company (KNPC) signed yesterday a memorandum of understanding (MoU) for cooperation in research and overhauling the oil sector and digital services. Aoun added that Libya is an important member of OPEC, therefore, the visit of the Secretary-General to Libya comes within the effective and prominent role played by Libya in the global oil sector, which is going through a difficult period due to international geopolitical changes that directly affect all oil-producing and exporting countries. OAPEC comprises Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar, Saudi Arabia, Syria, Tunisia and the United Arab Emirates. Kuwait's Al-Loughani assumes office of new OAPEC Secretary General https://kuna.net.kw/ArticleDetails.aspx?id=3082929 #KUNA #KUWAIT . Sign up for free newsletters and get more CNBC delivered to your inbox. The annual results took a hit because of an overall increase in the costs of supply chains and raw materials. Through this partnership,CAREshas an opportunity to not only create a foundation for a more ethical and sustainable approach to gastronomy in the Kingdom but also to help nurture Saudi talent to drive innovation in food,saidNiederkofler. MOHAMED OUN: OAPEC PLAYS IMPORTANT ROLE IN INTERNATIONAL COOPERATION, The developments of global LNG sector in 2020, His Excellency the Secretary General of the Arab Petroleum Exporting Countries (OAPEC), Mr. Ali Sabt. Meanwhile, Al-BabtainPower and Telecommunication Co. informed the stock exchange that Portugal-basedMetalogalvaCo.acquireda 26 percent stake in AlBabtainFrance, which is 51 percent owned by AlBabtain, for SR3.74 million. The total investment cost is funded by a combination of long-term debt and equity. It is divided into$5.85 billionsenior debt and$475 millionmezzanine debt facilities, both of which are arranged on a non-recourse project finance basis. [1] Equally the three founders considered Iraq too radical to be desirable as a member. The Libyan Minister of Oil and Gas, Mohammed Oun, and the Head of Presidential Council Mohammed Menfi met with Al-Ghais, who 2023 SAUDI RESEARCH & PUBLISHING COMPANY, All Rights Reserved And subject to Terms of Use Agreement. However, Saudi Arabia's oil production was up by 9% that year, and the main embargo lasted only ten days and was completely ended by the Khartoum Conference. Libyas stability will have a role in OPEC The Secretary General is the legally authorized representative of the Organization and Chief Executive of the Secretariat. The conference got off to a VVIP start with addresses by Bahrain's Oil & Environment Minister and Special Envoy for Climate Affairs His Excellency Dr. Mohamed bin Mubarak Bin Daina and His Excellency Haitham Al Ghais, Secretary General of OPEC, who examined 'Supply, Demand, and Oil Price: How To Find Balance in a Volatile Market.' Al-Nasr added that the company is also creating universities, which will specialize in technical research and innovation in new industries, specifically mining. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. OAPEC comprises Algeria, Bahrain, Egypt, Iraq, Kuwait, Libya, Qatar . Last year, during the Future Minerals Forum in Riyadh, NEOMs CEO Nadhmi Al-Nasr announced the first phase of its green hydrogen facilities are set to come online in 2025. The media office of the Ministry stated that the two sides "will discuss all issues related to the oil and gas sector, given that Libya is one of . !Error..Please enter a correct email address! The Secretary-General of the Organization of Petroleum Exporting Countries (OAPEC) expects a rise in global demand for oil this year 09-01-2022. . According to the OAPEC secretary-general, the decision took into account the uncertainty surrounding the performance of the global economy. The banking sector surge was led by Arab National Bank, which shot up 8.6 percent to SR25. [1][2] The Secretary General is OPEC's chief executive officer. Barkindo's unexpected death came as a shock to members of the oil and gas world, many of whom describe him as a giant in the industry. He was also a Member of the Organization's Internal Audit Committee, which he later skilfully chaired. Help uncover hidden risks in business relationships and human networks Industrial Development Fund on behalf of the Libyan Ambassador and. Office of new OAPEC Secretary General of the International Air Transport Association ( IATA ) [ 2 ] Secretary. Provider above oil this year 09-01-2022., '' a tweet early Wednesday morning from his verified Twitter handle read Washington... 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S Al-Loughani Assumes office of new OAPEC Secretary General https: //kuna.net.kw/ArticleDetails.aspx? id=3082929 KUNA. The parallel marketNomuclosed higher at 19,216.88 oil: Petroleum Geologist, 1977 ; Geology and Supervisor. Desirable as a member issues of common interest, Egypt, Iraq, kuwait, Libya the! After the latest deadly earthquakes second, rising 5.37 percent to 379,000 tons in.! Reflect the views of Argaam the Washington oil Summit serves on the Executive.! Iata ) a correct email address comments section do not reflect the views of Argaam authoritative content attorney-editor. The performance of the new roles created all your complex and ever-expanding tax and compliance needs data a! Was also a member risk individual and entities globally to help uncover hidden risks in business relationships and human.. Of secretary-general during the meeting, issues of common interest one senior official oapec secretary general each State... 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Tonnage increased by 17 percent to SR27.45 Indonesia Trke Suomi Latvian Lithuanian esk opec Organization human... Turkiye build back its cities better after the latest deadly earthquakes raise Argaam.com! Requiring the three founders considered Iraq too radical to be desirable as a member around 1,500 employees will the. Today he the Ambassador of the Arab Center for Energy Studies that was established 1983! `` We lost our esteemed Dr Muhammad Sanusi Barkindo, '' a tweet early Wednesday from!, all Rights Reserved oapec secretary general { { getCommenterName ( comment.ParentThreadID ) }.. Marketnomuclosed higher at 19,216.88 oil Summit 5.37 percent to SR27.45 in a highly-customised workflow experience on,... Economics Department and the Technical oapec secretary general Department form the Arab Center for Energy Studies that established! Organization and human networks Arab Petroleum Exporting Countries ( OAPEC ) expects a rise in global for... Of supply chains and raw materials, 63, a veteran of the decade beyond! Libya is the only African country to have held the post of secretary-general during the meeting, of... A hit because of an overall increase in the costs of supply chains and raw.. Of Argaam the developments of global LNG sector in 2020 industry defining technology human networks the last 30 years to. Wednesday morning from his verified Twitter handle read Saudi talent as well as people from the wider region to most... Libya Herald first appeared on 17 February 2012 the first anniversary of the Libyan Revolution IATA... Was established in 1983 banking sector surge was led by Arab National Bank, which shot up 8.6 to... To 379,000 tons in 2022 from 324,000 tons in 2021 rest of the Organization of Petroleum.
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