Business Nigeria’s oil output rises 7.7% to 1.4m bpd – OPEC Toyibat Ajose Jan 17, 2024 Nigeria's oil output increased month on month (MoM) by 7.7 percent to 1.4 million barrels per day (bpd) in December 2023, up from…
Business Nigeria’s crude oil production may hit 1.5m bpd in 2024 – OPEC Oluwadamilare Emmanuel Dec 1, 2023 The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria can achieve an oil production quota of 1.5 million barrels…
Business OPEC expects oil demand to grow until 2045 Toyibat Ajose Oct 9, 2023 Despite increased efforts to minimise climate change, the OPEC oil cartel warned Monday that it expects crude consumption to rise…
News Nigeria should leave OPEC, Doyin Okupe advises Tinubu Toyibat Ajose Aug 19, 2023 Former presidential aide Doyin Okupe has offered to President Bola Tinubu many economic interventions, including leaving the…
News Global energy demand to increase by 23% to 2045 – OPEC Toyibat Ajose Apr 18, 2023 The Organisation of Petroleum Exporting Countries (OPEC) says global primary energy demand is forecast to increase by 23 per cent…
News OPEC existence saves global energy market from chaos – FG Oluwaseyi Lawal Jan 25, 2023 The Federal Government has said that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past 60…
Business Again, oil production falls 0.57 million barrels per day short of OPEC… Toyibat Ajose Jan 9, 2023 Nigeria's oil production in December 2022 increased by 4.2% month on month to 1.23 million barrels per day, falling far short of…
News OPEC decision on production cut unanimous – Sylva Oluwaseyi Lawal Oct 19, 2022 Chief Timipre Sylva, Minister of State Petroleum Resources, says the Organisation of Petroleum Exporting Countries (OPEC) decision…
Crude oil: Nigeria, six others drop in production – OPEC report Toyibat Ajose Jun 16, 2022 The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member!-->…
Business OPEC ups Nigeria’s production quota by 19,000b/d Oluwadamilare Emmanuel May 6, 2022 Nigeria has got the approval of the Organisation of Petroleum Exporting Countries (OPEC) to increase its crude oil production…