The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have agreed to increase oil production by 137,000 barrels…
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OPEC+ is set to approve another oil production hike of at least 137,000 barrels per day in November, according to…
Nigeria’s oil production rose to an average of 1.63 million barrels per day (bpd) of crude oil and condensates in…
The Nigerian National Petroleum Company (NNPC) has appointed Maryamu Idris, Managing Director of NNPC Trading Limited, as Nigeria’s representative to…
Nigeria’s Oil Production Dips Slightly But Remains Strong At 97% Of OPEC Quota. Nigeria’s oil production experienced a modest 2%…
OPEC Plus To Ramp Up Oil Production In July, Led By Saudi Arabia. Eight members of the OPEC Plus oil…
Oil prices have fallen below $80 per barrel as global commodity markets face demand and supply risks ahead of the…
After prolonged negotiations, the Organisation of Petroleum Exporting Countries (OPEC) has finalized Nigeria’s 2024 oil output target at 1.5 million…
Brazil, set to become a member of the OPEC+ alliance from January 2024, has clarified that it will not be…
Nigeria’s oil production has risen month-on-month, MoM, by 1.9 per cent to 1.258 million barrels per day, mb/d, in January…
The Federal Government has said that the existence of the Organization of Petroleum Exporting Countries (OPEC) over the past 60…