opec

Oil prices increase after OPEC+ extends output cuts

Oil prices increased slightly on Monday, March 4, 2024, after OPEC+ members, on Sunday, announced an extension to oil production…

2 months ago

NNPCL, OPEC pledge collaboration for investments, increased production

The Nigerian National Petroleum Company Limited (NNPCL) and the Organization of Petroleum Exporting Countries (OPEC) have pledged to work together…

3 months ago

Oil prices fall after OPEC+ postpones meeting

International oil prices fell on Wednesday after a key ministerial meeting of the Organization of the Petroleum Exporting Countries (OPEC)…

6 months ago

OPEC: Nigeria’s economy grew by 2.4% in Q1

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s economic growth in the first quarter of 2023 (Q1) stood…

9 months ago

Oil price rises after Saudi Arabia production cut announcement

Oil prices were on the rise on Monday, June 5, following Saudi Arabia’s announcement that it would cut its oil…

12 months ago

Nigeria loses 28m barrels of crude oil in 6 months

Nigeria lost over 28 million barrels of crude oil between January and July 2022 which reduced the Federal Government’s oil…

2 years ago

OPEC: Nigeria lost 2.3m barrels of crude oil worth N101bn in July

The Organisation of Petroleum Exporting Countries (OPEC), on Thursday, revealed that Nigeria lost 2.3 million barrels in July 2022. OPEC…

2 years ago

Nigeria lost illustrious son, Tinubu mourns Barkindo

The presidential candidate of the All Progressives Congress (APC), Asiwaju Bola Tinubu, has expressed sadness over the death of the…

2 years ago

Buhari mourns Barkindo, describes him ‘national asset’

President Muhammadu Buhari has expressed grief over the death of the Secretary-General of Organisation of Petroleum Exporting Countries (OPEC), Mohammed…

2 years ago

Tinubu: Oil thieves steal 20% of Nigeria’s crude production daily

Nigeria is losing about 20 per cent of its crude oil production to oil thieves and pipeline vandals daily. Group…

2 years ago

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