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Tag "OPEC"

ICYMI: OPEC woos Namibia after Angola exit

    ICYMI: OPEC woos Namibia after Angola exit

The Organisation of Petroleum Exporting Countries and allies, known as (OPEC+), are considering adding Namibia to the group. This followed the exit of Angola in December 2023 after a dispute

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Naira watch, Emirates Airlines resumption… 7 business stories to track this week

    Naira watch, Emirates Airlines resumption… 7 business stories to track this week

Here are the seven top business stories to track this week — April 15 to April 19. EMIRATES TO RESUME FLIGHT OPERATIONS TO NIGERIA SOON Festus Keyamo, minister of aviation

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Lokpobiri: Why oil production dropped in Q1 2024

    Lokpobiri: Why oil production dropped in Q1 2024

Heineken Lokpobiri, minister of state for petroleum resource (oil), says the drop in crude oil production in the first quarter of 2024 is due to challenges with the Trans-Niger pipeline

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OPEC: Nigeria’s oil production dropped by 6% to 1.23m bpd in March

    OPEC: Nigeria’s oil production dropped by 6% to 1.23m bpd in March

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped to 1.23 million barrels per day (bpd) in March 2024. OPEC disclosed this in its

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Port Harcourt refinery, subsea cable cuts… 7 business stories to track this week

  Port Harcourt refinery, subsea cable cuts… 7 business stories to track this week

Here are the seven top business stories you need to track this week — March 18 to March 22. PETROL,

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OPEC: Nigeria’s oil production dropped by 7% to 1.32m bpd in February

  OPEC: Nigeria’s oil production dropped by 7% to 1.32m bpd in February

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production dropped to 1.32 million barrels per

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OPEC+ members extend 2.2m voluntary output cuts to Q2 2024

  OPEC+ members extend 2.2m voluntary output cuts to Q2 2024

The members of the Organisation of the Exporting Countries and its allies (OPEC+) have agreed to extend voluntary oil output

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OPEC to Nigeria: Raise oil output to remain a reliable energy source

  OPEC to Nigeria: Raise oil output to remain a reliable energy source

Organisation of the Petroleum Exporting Countries (OPEC) has advised Nigeria to raise its crude production to remain a reliable energy

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OPEC: Nigeria produced 1.33m bpd in December 2023 — highest in Africa

  OPEC: Nigeria produced 1.33m bpd in December 2023 — highest in Africa

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria’s average daily crude oil production increased to 1.335 million barrels per

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Angola exits OPEC amid dispute over oil production quota

  Angola exits OPEC amid dispute over oil production quota

Angola has announced its exit from the Organisation of Petroleum Exporting Countries (OPEC) amid quota dispute. In a report on

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