OPEC
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Oil and Gas
Oil production: Angola, Libya overtake Nigeria, says OPEC
The Organisation of Petroleum Exporting Countries has disclosed that Angola and Libya have overtaken Nigeria after oil production in the…
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Oil and Gas
Nigeria lost oil worth N101bn in July – OPEC
Data from the Organisation of Petroleum Exporting Countries has revealed that Nigeria lost N101 billion worth of oil in July…
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News
OPEC outgoing Secretary General Barkindo is dead
Secretary General of the Organisation of Petroleum Exporting Countries, Mohammad Barkindo, is dead. He died about 11pm on Tuesday. His…
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Oil and Gas
Nigeria may lose out as China, India eye Russian oil
Nigeria may lose its largest crude oil buyers, China and India, as both countries plan to negotiate Russian oil at…
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Oil and Gas
OPEC raises Nigeria’s oil production quota despite low output
The Organisation of Petroleum Exporting Countries on Thursday raised the crude oil production quota approved for Nigeria again, as it…
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Energy
Brent rises to $115 as EU considers Russia oil ban
Brent crude, the global oil benchmark, appreciated in price on Monday, moving up by 7.3 per cent or $7.88 to…
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Energy
OPEC quota: Elumelu disagrees with Sylva over low oil sector investment
Nigeria’s billionaire businessman, economist, and philanthropist, Tony Elumelu, on Thursday argued that the reason why Nigeria had been unable to…
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