Crude oil theft: NSA says Nigeria set to lose $23 billion in 2023
The National Security Adviser, Major General Babagana Monguno, has warned that the Federal Government may lose an estimated $23 billion ...
Tag: Organization of Petroleum Exporting Countries
Nigeria, 5 other countries account for 71.1 mtpa LNG liquefaction capacity in Africa – OPEC
Transforming natural gas reserves into supply in Africa will require more than $1.6 trillion in investment in the upstream sector ...
OPEC+ decision will increase Nigeria’s fuel subsidy payments
On Wednesday, October 5, the Organization of Petroleum Exporting Countries (OPEC+) agreed on a 2 million barrels per day (b/d) ...
Mohammed Barkindo: What the late OPEC Secretary-General told Buhari before he died
Mohammed Sanusi Barkindo's sudden demise came as a surprise to many especially those who had rapport with him moments before ...
Oil prices down on Friday as OPEC+ increases production
oil prices are down at the start of the London session on Friday as the market is reacting to the ...
OPEC says other oil producers lack additional capacity to replace Russian supply affected by sanctions
OPEC has revealed that it is impossible for other oil producers to replace Russian supply as that additional capacity does ...
Crude oil prices cool off amid heavy fighting in Ukraine
The price of oil fell on Friday after rising sharply early in the session due to concerns about potential global ...
OPEC says it doesn’t want crude oil prices to rise to $100 per barrel
The Organization of Petroleum Exporting Countries and its allies do not want to see oil prices rise to $100 per ...
Oil up over 3% despite Covid-19 Omicron variant worries
Oil markets took a bullish stance in the Asian session as investors look for bargains after Friday's sell-off and on ...
Oil in panic mode on calls for Joe Biden to open Strategic Petroleum Reserve
In response to President Biden's suggestion that the Strategic Petroleum Reserve be used to counter the surge in gasoline prices ...
