The Organisation of Petroleum Exporting Countries (OPEC) and its allies, called OPEC+, have decided to extend the current voluntary cuts until the end of 2024. The oil cartel made the
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Here are the seven top business news you need to track this week — May 8 to May 12. NATIONAL ASSEMBLY’S APPROVAL OF N22.7 TRILLION WAYS AND MEANS LOAN The
Oil prices dropped, on Thursday, after the Organisation of Petroleum Exporting Countries (OPEC) said it would maintain its current production levels. Brent crude, global oil price, fell by 0.58 percent
The Nigerian National Petroleum Company (NNPC) Limited says in 2023, Nigeria’s oil production may average 2.2 million barrels per day (bpd), including condensate. Mele Kyari, group chief executive officer (GCEO),
Nigeria recorded a shortfall in crude oil production totalling 6.9 million barrels per day (bpd) between January and November, 2022.
Nigeria contributed mainly to the increase in global crude oil production in October, according to the Organisation of the Petroleum
The kingdom of Saudi Arabia says the decision by the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known as
Haitham Al Ghais, a Kuwaiti oil and gas veteran, has formally assumed office as secretary-general of the Organisation of the
Muhammad Barkindo, the late secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), met with President Muhammadu Buhari on Tuesday
Mohammad Sanusi Barkindo, secretary-general of the Organisation of Petroleum Exporting Countries (OPEC), is dead. Mele Kyari, group managing director of