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Tag "Organisation of Petroleum Exporting Countries"

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 per day, citing geopolitical tensions as the reason for rising

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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 allies, known as OPEC+ — producing below their crude oil

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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 according to the OPEC’s Oil Market Report for January 2022.

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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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OPEC: N’assembly has engraved itself in gold by passing PIB

  OPEC: N’assembly has engraved itself in gold by passing PIB

Mohammad Barkindo, secretary-general, Organisation of Petroleum Exporting Countries (OPEC), has commended Nigeria for passing the Petroleum Industry Bill (PIB), saying

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OPEC+ facing hard choices

  OPEC+ facing hard choices

Crude oil futures are trading lower on Monday morning as market participants closely watch OPEC members and their allies as

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Oil looking oversold heading into latest OPEC meeting

  Oil looking oversold heading into latest OPEC meeting

There is a feeling of change within the strategy of how OPEC operates. This uncertainty has played a leading role

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