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OPEC

Oil and Gas

OPEC confirms petroleum regulator data on oil quota drop in February

THE Organisation of Petroleum Exporting Countries (OPEC) has affirmed data from Nigeria's petroleum regulator, reporting that Nigeria’s average daily...
Ehime ALEX -
Oil and Gas

OPEC quota rises, crude oil price to impact Nigeria’s 2025 budget

PLAN by the Organisation of Petroleum Exporting Countries (OPEC) and its allies, OPEC+, to increase crude oil output, coupled...
Ehime ALEX -
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Oil and Gas

Nigeria’s crude oil production in January exceeds OPEC’s quota

NIGERIA's average daily crude oil production increased significantly to 1.539 million barrels per day (bpd) in January, exceeding the...
Ehime ALEX -
Oil and Gas

Dangote production pushing some EU refineries out of business – OPEC

THE Organisation of the Petroleum Exporting Countries (OPEC) has confirmed that 650,000 barrels per day/bpd Dangote Refinery capacity to...
Harrison EDEH -
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Oil and Gas

Nigeria crude oil production shrinks despite doubling oil rig count to 32

NIGERIA's crude oil production has not improved in the last four years despite the Nigerian Upstream Petroleum Regulatory Commission...
Ehime ALEX -
News

Ademola Adeyemi-Bero appointed chair OPEC board of governors

THE Organisation of the Petroleum Exporting Countries (OPEC) has appointed Ademola Adeyemi-Bero as the chairman of its board of...
Harrison EDEH -
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