We’re taking steps to restore oil production shortfall, maximise well utilisation – Lokpobiri
The Federal Government has said measures are being put in place to restore oil production in view of recent concerns regarding shortfall in oil […]
OPEC
Crude oil production increases in Nigeria, Libya – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has said crude oil output increased mainly in Nigeria and Libya, while production in Iran and Iraq […]
No international oil firm left Nigeria – Minister
The Federal Government said on Tuesday that none of the International Oil Companies (IOCs) doing business in Nigeria has left as against insinuations. Minister […]
Angola leaves OPEC in blow to oil producer group
Angola said it would leave OPEC in a blow to the Saudi-led oil producer group that has sought in recent months to rally support for […]
Oil market predictions and what they mean for Africa By NJ Ayuk
Six months after the World Health Organization (WHO) declared COVID-19 is no longer a health emergency, it’s still difficult to fully grasp the far-reaching damage […]
Akpabio: I’m hopeful Nigeria will meet OPEC crude oil quota soon
The president of the Senate, Dr Godswill Akpabio, says with careful planning and execution, Nigeria can meet the Organisation of Petroleum Exporting Countries (OPEC) […]
Nigeria’s economy grew by 2.4% in Q1 – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has said that Nigeria’s economic growth in the first quarter of 2023 (1Q23) stood at 2.4 per […]
We ‘ve plan to surpass OPEC’s quota- NUPRC Chief Executive
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its focus is to exceed the Organisations of Petroleum Exporting Countries (OPEC)’s oil production quota of 1.74 […]
Nigeria, other OPEC members agree to cut oil production volumes
Nigeria and other members of the Oganisation of Petroleum Exporting Countries (OPEC) as well as the Non-OPEC members have agreed to cut production volumes to […]
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 in the period to 2045, […]
Oil: OPEC predicts shortfall of 2m barrels per day by year end
The oil market is heading for a significant shortfall of around two million barrels per day at the end of the year as a result […]
OPEC appoints spokesperson awardee, Dr. Gwandu as PR Coordinator in Vienna
The Winner of the Public Affairs Category of the Spokesperson Communication Awards(SCA) 2022, Dr. Umar Jibrilu Gwandu, has been appointed the Public Relations Coordinator of […]
Recruitment at TotalEnergies, FairMoney, The Place, Saro Agro, OPEC, Prime Technologies, Emel Group
Latest Job Vacancies in Nigeria Today Ongoing Recruitment at TotalEnergies Graduate Accountant Recruitment at Fortune Security Company Limited Graduate Trai.nee Recruitment at Food Concepts Plc […]
Recruitment at Interswitch, OPEC, Polaris Bank, Roche Nigeria, Flour Mill Plc, Elsewedy Electric
Latest Job Vacancies in Nigeria Today 2023 Interswitch Tech Graduate Trai.nee Program for Nigerians Ongoing Recruitment at The Wooden Horse School House keepers/Cleaners Internal security […]
Historic Declaration of Cooperation of OPEC, non-OPEC oil-producing countries turns 6
The Declaration of Cooperation (DoC) between Organisation of Petroleum Exporting Countries (OPEC) Member Countries and 10 non-OPEC oil-producing countries turned six on Saturday Dec. 10, […]
OPEC+ can be trusted to balance markets, says UAE minister
The United Arab Emirates’ energy minister said on Monday that OPEC+ is keen on providing the world with the oil supply it needs. He said […]
Raise oil production to reduce 2023 budget deficit- Experts urge FG
Some financial analysts have urged the Federal Government to raise the nation’s oil production to OPEC quota, as panacea to ensure fiscal sustainability and reduce […]
OPEC decision on crude oil production cut was unanimous – Sylva
By JOY ADARA, Abuja – Minister of State Petroleum Resources, Chief Timipre Sylva has said that the decision by the Organization of Petroleum Exporting Countries […]
Crude oil production: Angola, Libya maintain lead over Nigeria – OPEC report
Angola and Libya have for the second consecutive month maintained their lead over Nigeria as Africa’s highest crude oil producers, according to a report by […]
Nigeria loses 1m barrels of crude to theft daily – Lawan
The President of the Senate Ahmad Lawan says Nigeria loses one million barrels of crude oil daily to crude theft. He made the remarks at […]