Nigeria’s oil output rises 7.7% to 1.4m bpd – OPEC
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…
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OPEC
Nigeria’s crude oil production may hit 1.5m bpd in 2024 – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria can achieve an oil production quota of 1.5 million barrels…
OPEC expects oil demand to grow until 2045
Despite increased efforts to minimise climate change, the OPEC oil cartel warned Monday that it expects crude consumption to rise…
Nigeria should leave OPEC, Doyin Okupe advises Tinubu
Former presidential aide Doyin Okupe has offered to President Bola Tinubu many economic interventions, including leaving the…
Global energy demand to increase by 23% to 2045 – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says global primary energy demand is forecast to increase by 23 per cent…
OPEC existence saves global energy market from chaos – FG
The Federal Government has said that the existence of the Organisation of Petroleum Exporting Countries (OPEC) over the past 60…
Again, oil production falls 0.57 million barrels per day short of OPEC…
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…
OPEC decision on production cut unanimous – Sylva
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
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member…
OPEC ups Nigeria’s production quota by 19,000b/d
Nigeria has got the approval of the Organisation of Petroleum Exporting Countries (OPEC) to increase its crude oil production…