OPEC

Oil and Gas

Why Nigeria won’t leave OPEC – minister

THE Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said that Nigeria would not leave the Organisation...
Ehime ALEX -
Energy and Power

COP28: OPEC, AEC oppose Western-driven anti-fossil fuels policy

THE Organisation of Petroleum Exporting Countries (OPEC) and the African Energy Chamber (AEC) have called on African countries to...
Ehime ALEX -
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Oil and Gas

OPEC’s resolution puts Nigeria’s projected 2024 oil revenue in doubt

THE Organisation of Petroleum Exporting Countries (OPEC) and its allies' resolve to deepen crude oil production cuts will make...
Ehime ALEX -
Oil and Gas

Nigeria’s crude oil output reduces by 40,000bpd

NIGERIA'S crude oil production fell by 40,000 barrels per day (bpd) in July relative to the previous month, reflecting...
Ehime ALEX -
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News

Nigeria’s 1.3M bpd in February yet to meet OPEC quota

NIGERIA produced 1.3 million barrels of crude per day in February, according to the Organisation of Petroleum Exporting Countries...
Harrison EDEH -
News

OPEC cuts global oil demand forecast as crude oil production drops in October

THE Organisation of Petroleum Exporting Countries (OPEC) has made a further cut to its global oil demand growth forecast. OPEC's...
Raji Olatunji -
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