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Tag "Organisation of Petroleum Exporting Countries"

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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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 day (bpd) in December 2023. This represents 85,000 bpd or

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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 Thursday, Angola Press Agency said Diamantino de Azevedo, the nation’s

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Nigeria on track to surpass OPEC’s oil production quota, says Lokpobiri

    Nigeria on track to surpass OPEC’s oil production quota, says Lokpobiri

Heineken Lokpobiri, minister of state for petroleum resources (oil), says Nigeria is on track to surpass the oil production quota projected by the Organisation of Petroleum Exporting Countries (OPEC). On

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OPEC: Nigeria’s crude oil production can hit 1.5m bpd in 2024

  OPEC: Nigeria’s crude oil production can hit 1.5m bpd in 2024

The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria can achieve an oil production quota of 1.5 million barrels of

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OPEC+ agrees to cut output by 2m bpd despite US push for bigger quota

  OPEC+ agrees to cut output by 2m bpd despite US push for bigger quota

Oil price topped $93 a barrel on Wednesday as the Organisation of Petroleum Exporting Countries (OPEC) and its allies, known

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OPEC: Despite declining oil prices, global demand still robust

  OPEC: Despite declining oil prices, global demand still robust

Haitham Al Ghais, secretary-general of the Organisation of the Petroleum Exporting Countries (OPEC), says despite declining oil prices, global oil

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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

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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

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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

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