Tag: OPEC

Saudi Arabia, Russia lead OPEC in extending oil cuts

The OPEC+ nations, led by Russia and Saudi Arabia, have agreed to

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FG’s 1,068 oil projects to generate $22.8bn investments

By Melvin Onwubuke   The Federal Government has announced that 1,068 oil

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Angola announces exit from OPEC

    By Wilson Adekumola   Angola has disclosed that it would

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Nigeria, Iran drive OPEC’s oil production increase in September

A Reuters survey has revealed that oil production output from the Organisation of

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Nigeria’s refining output falls to 6,000 b/d – OPEC

Data from the Organisation of the Petroleum Exporting Countries shows that Nigeria's

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Brent crude hits $80.41 per barrel, highest since May 2023

Brent crude has reached a price of over $80.41 per barrel for

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Nigeria ousts Angola as Africa’s top oil-producing country – OPEC

Nigeria is now Africa's top oil producer, surpassing Angola, whose output was

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Oil prices surge as OPEC+ cuts output

The Organisation of Petroleum Exporting Countries has announced a surprise decision to

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Sales of crude oil increase by 46% to N21tn – NBS

Nigeria's exports of crude oil increased by 46.41 percent in 2022, bringing

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FG discovers new locations for oil production of 681,000 bpd

The Federal Government has discovered new oil fields with a daily production

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OPEC to reconsider output as China oil demand surges – IEA

The executive director of the International Energy Agency, Fatih Birol said on

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FG targets OPEC oil quota in 2023

    The Minister of State Petroleum Resources Chief Timipre Sylva has

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