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Tag "OPEC"

Barkindo: We all lose if OPEC and non-OPEC states don’t work together

    Barkindo: We all lose if OPEC and non-OPEC states don’t work together

Mohammad Barkindo, secretary general of the Organisation of Petroleum Exporting Countries (OPEC), says everyone loses if OPEC and non-OPEC states do not work together. Speaking on low oil prices, in

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Oil prices spike to Nigeria’s $54/barrel target

    Oil prices spike to Nigeria’s $54/barrel target

Oil prices are spiking to fresh highs, after the Organisation of Petroleum Exporting Countries (OPEC) reached an historic oil cut in Vienna on Wednesday. At the meeting, Ibe Kachikwu, minister

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Nigeria not the only country struggling to fund budget, says Kachikwu

    Nigeria not the only country struggling to fund budget, says Kachikwu

Ibe Kachikwu, state minister for petroleum resources, says Nigeria is not the only country struggling to fund its budget, adding that the “big players” are facing the same predicament. Speaking

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Oil prices rise to $50 but Nigeria’s economic ‘health’ needs at least $54

    Oil prices rise to $50 but Nigeria’s economic ‘health’ needs at least $54

After the Organisation of Petroleum Exporting Countries (OPEC) reached its first deal in eight years, oil prices have been on the increase but they remain short of Nigeria’s healthy price

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OPEC agrees to first output cut in 8 years

  OPEC agrees to first output cut in 8 years

The Organisation of Petroleum Exporting Countries (OPEC) has agreed to the very first oil output cut in eight years. The

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Moment of truth for OPEC as Iran, Iraq remain key obstacles

  Moment of truth for OPEC as Iran, Iraq remain key obstacles

Everybody wants a deal, but not everyone is willing to participate in making one. This is how it currently feels

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Blockbuster UK retail sales uplifts Sterling

  Blockbuster UK retail sales uplifts Sterling

Sterling staged a vicious rebound against the Dollar during trading on Thursday following October’s extraordinary 1.9% rise in retail sales

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Iyabo Obasanjo: Almost everything is upside down… change hasn’t come

  Iyabo Obasanjo: Almost everything is upside down… change hasn’t come

Iyabo Obasanjo, the first daughter of former President Olusegun Obasanjo, says almost everything in the country is upside down. In

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Nigeria not alone…virtually all OPEC countries removed subsidy

  Nigeria not alone…virtually all OPEC countries removed subsidy

Just like Nigeria, virtually all 14 members of the Organisation of Petroleum Exporting Countries (OPEC) have had to cut or

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OPEC eyes Dangote refinery to drive capacity in Africa by 2020

  OPEC eyes Dangote refinery to drive capacity in Africa by 2020

The Organisation of Petroleum Exporting Countries (OPEC) is looking at Dangote refinery, being set up by Aliko Dangote, Africa’s richest

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