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Tag "Organisation of Petroleum Exporting Countries"

Nigeria’s oil production slumps to 1.02m bpd — lowest in over two years

    Nigeria’s oil production slumps to 1.02m bpd — lowest in over two years

Nigeria’s oil production dropped in May to an average of 1.02 million barrels per day (bpd) from 1.22 million in April 2022. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) disclosed

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OPEC: Countries must prioritise eradicating energy poverty

    OPEC: Countries must prioritise eradicating energy poverty

The Organisation of the Petroleum Exporting Countries (OPEC) says eradicating energy poverty must remain top of its agenda amid the drive to tackle climate change in the world. Mohammad Barkindo,

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OPEC+ shrugs off demand to pump more oil, sticks to modest output increase

    OPEC+ shrugs off demand to pump more oil, sticks to modest output increase

The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have ignored calls by the United States to pump more oil, sticking to already agreed modest monthly output.

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INSIGHT: Fix refineries, pump more oil… how Nigeria can benefit from high oil prices

    INSIGHT: Fix refineries, pump more oil… how Nigeria can benefit from high oil prices

Crude oil prices have surged above $100 a barrel on coordinated production quotas by the Organisation of the Petroleum Exporting Countries (OPEC) and Russia’s invasion of Ukraine. Oil price generally

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OPEC+ sticks to modest output plans despite high oil prices

  OPEC+ sticks to modest output plans despite high oil prices

The Organisation of Petroleum Exporting Countries and its allies, known as OPEC+, have agreed to increase production by 400,000 barrels

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IEA boss urges Nigeria, Liberia to boost output to stabilise oil market

  IEA boss urges Nigeria, Liberia to boost output to stabilise oil market

Fatih Birol, executive director, International Energy Agency (IEA), says members of the Organisation of Petroleum Exporting Countries (OPEC) and its

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OPEC: Nigeria’s oil production dropped to 1.31m bpd in December

  OPEC: Nigeria’s oil production dropped to 1.31m bpd in December

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria recorded 1.31 million barrels per day in December 2021. This is

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Nigeria regains Africa’s top spot as oil production rises by ‘47,000 barrels per day’

  Nigeria regains Africa’s top spot as oil production rises by ‘47,000 barrels per day’

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria has regained the top spot in Africa, producing an average of

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OPEC+ agrees to increase oil production by 400,000bpd

  OPEC+ agrees to increase oil production by 400,000bpd

The Organisation of Petroleum Exporting Countries and its allies known as OPEC+ have agreed to increase production by 400,000 barrels

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Barkindo: Nigeria most admired OPEC member country

  Barkindo: Nigeria most admired OPEC member country

The Organisation of Petroleum Exporting Countries (OPEC) has described Nigeria as the most admired member country in the global oil

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