FG discovers new locations for oil production of 681,000 bpd
The Federal Government has discovered new oil fields with a daily production…
OPEC to reconsider output as China oil demand surges – IEA
The executive director of the International Energy Agency, Fatih Birol said on…
FG targets OPEC oil quota in 2023
The Minister of State Petroleum Resources Chief Timipre Sylva has…
Dangote refinery’ll account for half of Africa’s oil – OPEC
The capacity of the Dangote Refinery, according to the Organization of Petroleum…
Oil production: Angola, Libya overtake Nigeria, says OPEC
The Organisation of Petroleum Exporting Countries has disclosed that Angola and Libya…
Nigeria lost oil worth N101bn in July – OPEC
Data from the Organisation of Petroleum Exporting Countries has revealed that Nigeria…
OPEC outgoing Secretary General Barkindo is dead
Secretary General of the Organisation of Petroleum Exporting Countries, Mohammad Barkindo, is…
Nigeria may lose out as China, India eye Russian oil
Nigeria may lose its largest crude oil buyers, China and India, as…
OPEC raises Nigeria’s oil production quota despite low output
The Organisation of Petroleum Exporting Countries on Thursday raised the crude oil…
Brent rises to $115 as EU considers Russia oil ban
Brent crude, the global oil benchmark, appreciated in price on Monday, moving…
OPEC quota: Elumelu disagrees with Sylva over low oil sector investment
Nigeria’s billionaire businessman, economist, and philanthropist, Tony Elumelu, on Thursday argued that…