Why Nigeria’s crude oil production should not be below 2 million bpd
The Chairman of the Organisation of Petroleum Exporting Countries (OPEC) Board of Governors, Adewale Adeyemo-Bero, has explained why Nigeria’s crude ...
Tag: OPEC
News and stories about OPEC
Oil money key to Nigeria’s economic diversification and development – Elumelu
The Chairman of Heirs Holdings, Mr Tony Elumelu, has emphasised the need for increased oil production to fund Nigeria’s economic ...
Nigeria’s crude oil production rises above 1.5 million bpd in January – OPEC
The latest Monthly Oil Market Report of the Organisation of Petroleum Exporting Countries (OPEC) has shown that Nigeria’s crude oil ...
Net-Zero targets unrealistic, overlook energy poverty in developing countries – OPEC Chief
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais has said that many global Net-Zero ...
Nigeria targets 2.7 million barrels per day oil output by 2027
Nigeria, Africa’s biggest oil producer, has set a target of boosting daily production by 2.7 million barrels of crude and condensate ...
Trump vows to strong-arm Saudi Arabia, OPEC to crash global oil prices
U.S. President Donald Trump has vowed to impress on Saudi Arabia and the Organisation of Petroleum Export Countries (OPEC) to crash ...
Expert faults govt for failing to shield Nigerians from global oil market shocks
Petroleum Engineer and Oil and gas analyst, Dr Bala Zakka, has criticised the Federal Government for failing to shield Nigerians ...
World Bank projects 3.5% GDP growth for Nigeria in 2025, 3.7% in 2026
The World Bank has projected that Nigeria’s economy will grow by 3.5% in 2025 and improve slightly to 3.7% in ...
OPEC forecasts robust oil demand growth at 1.4 mb/d in 2025 and 2026
The Organization of the Petroleum Exporting Countries (OPEC) has forecast global oil demand growth rate at 1.4 million barrels per ...
Nigeria misses out as Russia’s oil buyers turn to OPEC giants
Oil refineries in China and India which are customers of Russia are turning to oil giants in the Middle East ...
