Tag: oil production

He added that Nigerians need to vote for a candidate that is capable of driving a credible agenda for change

The United States President, Joe Biden, has warned that the de-facto leader of OPEC+ would face the consequences of last ...

Kyari noted that dwindling crude output has forced NNPC  to defer payments to some local gasoline suppliers by at least ...

The planned cuts would also strike a major blow to the United States' efforts to keep the prices stable due ...

The producer group's worry that the global economy is slowing down quickly in the face of quickly tightening monetary policy ...

Nigeria’s crude oil production declined 3.37% to 1.262mbpd in May from 1.306mbpd recorded in the previous month.

The Minister of State for Petroleum Resources, Chief Timipre Sylva has revealed that Covid-19 was one of the factors that ...

OPEC is hoping Shale Oil loses steam and goes on the wane.

Nigeria had previously failed at complying completely with its promised cuts in past months.

"This reduction in production provided excellent optics encouraging other OPEC + members to comply and even offer additional voluntary cuts, ...