Organisation of Petroleum Exporting Countries Archives

New OPEC+ output cut proposal may stall if Russia …

Muhammad Sanusi Barkindo, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), is dead.

Saudi, Russia agree to cut oil by 20 million barrel, Further oil production cut required to keep oil price above $40 in 2020 , OPEC + deal to boost Nigeria’s earnings by $2.8 Billion, Oil Still Bullish After OPEC+ Decision

OPEC+ increases Nigeria’s oil quota to 1.72 million BPD

February 3, 2022

The increase of Nigeria's oil production quota gives more room for profit, but the ability to meet it is questionable ...

2022 global oil demand to hit 100.6 million BPD – OPEC

by William Ukpe

January 4, 2022

0

The Organisation of Petroleum Exporting Countries (OPEC) has forecasted that total global oil demand in 2022 will hit 100.6 million ...

PIB Passage: OPEC congratulates Buhari on signing PIB into law

by William Ukpe

August 17, 2021

0

The Organisation of Petroleum Exporting Countries (OPEC) has praised President Muhammadu Buhari for signing the Petroleum Industry Bill. This was ...

Nigeria’s crude oil export earnings rebounded by 116% in November – OPEC

by Adeyemi Adebayo

December 9, 2020

0

OPEC said Nigeria's crude oil export earnings, which had dropped by 77% between January and April 2020, rebounded by 116% ...

OPEC+ Alliance, US, Russia, Canada, Mexico reach historic deal to cut 13.4 million bpd, Oil market still uncertain over the OPEC+ deal as prices react positively, 7 oil producing countries most affected by covid-19, see where Nigeria is placed, Organization of Petroleum Exporting Countries (OPEC),

OPEC production output now at lowest level in nearly 30 years

by William Ukpe

July 2, 2020

0

Production cuts from OPEC countries and other allies have helped to revive the price of Brent Crude.

FG battles 6 oil firms for failure to remit N20 trillion , ExxonMobil, Shell, Chevron delay $58.4 billion oil and gas investment in Nigeria, Crude Oil: Nigeria’s oil production slips for the third consecutive month , Tax reform, policy uncertainty to cause oil drop as foreign firms look outside Nigeria, Nigeria plans to support oil price with lower production cost per barrel, Oil price slumps further to $30 pb, as Nigeria grapples with high production cost, Reduction in PMS: A nod to the deregulation of the downstream sector?

Crude Oil: Nigeria’s oil production slips for the third consecutive month

by CSL Stockbrokers

January 17, 2020

0

Yesterday, OPEC released its monthly oil market report for December which showed that Nigeria’s oil production dipped to a new ...

Worry for Nigeria as forecast shows OPEC countries will face a challenging 2020 , Why OPEC may not change output cut soon, Weaker oil demand overshadows proposed OPEC output cuts, as oil price dips , Nigeria tops compliance list, as OPEC’s December crude output drops, OPEC, Russia planning biggest oil cut ever, OPEC+ output cut: The oil cartel records 86% compliance as Nigeria beats expectation, OPEC+ asks Committee to monitor Nigeria, others over extended oil production cuts

Nigeria tops compliance list, as OPEC’s December crude output drops

by Emmanuel Abara Benson

January 7, 2020

0

In December last year, member of OPEC pumped less crude per day, in compliance with an output cut that was ...

Zainab Ahmed, N24.9 trillion debt, FG to borrow N1.7 trillion to finance 2020 budget – Finance Minister , VAT Increment: Afrinvest exposes sharing formula of N479.7b expected revenue , Nigeria’s VAT Increase: Penny-Wise, Pound Foolish, Nigeria spends N1.11 trillion to service debt in half year 2019 , Nigeria needs $100 billion annually to fix infrastructural deficit – Finance Minister , Oil: Nigeria makes N5.4 trillion in 1 year , FG secures World Bank’s approval to borrow $3 billion , debt, FG to develop new economic development plan Vision 2040 , Nigeria’s infrastructure gap: Too little too late? , Again, Finance Minister argues that Nigeria is not in debt distress , FG defends $22.7 billion new loans from World Bank, others , Finance Minister wants investors to curb Nigeria’s medical tourism through health investment

Oil: Nigeria makes N5.4 trillion in 1 year

by Abiola Odutola

September 30, 2019

1

The Economic report of the CBN has revealed that the country earned N5.37 trillion from the sale of oil between August ...

Organisation of Petroleum Exporting Countries, OPEC, Dangote Refinery, Ghana, Crude oil, oil and gas, forex, Africa, Nana Akufo-Addo, Global Data, China, Global refining

Dangote refinery will reduce Africa’s dependence on import – OPEC

by Fakoyejo Olalekan

April 23, 2019

0

The @DangoteGroup refinery will be a significant contributor to oil production in West Africa, the Organisation of Petroleum Exporting Countries (OPEC) ...

Tag: Organisation of Petroleum Exporting Countries

Muhammad Barkindo, OPEC Secretary-General, dies at age 63

OPEC+ increases Nigeria’s oil quota to 1.72 million BPD

2022 global oil demand to hit 100.6 million BPD – OPEC

PIB Passage: OPEC congratulates Buhari on signing PIB into law

Nigeria’s crude oil export earnings rebounded by 116% in November – OPEC

OPEC production output now at lowest level in nearly 30 years

Crude Oil: Nigeria’s oil production slips for the third consecutive month

Nigeria tops compliance list, as OPEC’s December crude output drops

Oil: Nigeria makes N5.4 trillion in 1 year

Dangote refinery will reduce Africa’s dependence on import – OPEC

POPULAR NEWS

How to know if your NIRSAL COVID-19 loan is approved

Nigerian Stocks: List of Dividends announced in 2022

How to check your 2021 WAEC results through online portal and text message

Confusion as FG declares only Monday and Tuesday as Public Holidays

Sweden’s Jobseeker visa enables you migrate even without a job offer

Recent News

Recent News

Koolboks, a cold storage solutions startup, closes $2.5 million seed round for expansion across Nigeria

GTCO Autism Conference Holds on August 29th and 30th at MUSON Centre, Onikan, Lagos