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ORGANISATION OF PETROLEUM EXPORTING COUNTRIES
Even though others factors can be attributed as reasons for Nigeria's dwindling oil production, the major factor for this is crude oil theft.
Muhammad Sanusi Barkindo, the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), is dead.
The increase of Nigeria's oil production quota gives more room for profit, but the ability to meet it is questionable given recent trends.
The Organisation of Petroleum Exporting Countries (OPEC) has forecasted that total global oil demand in 2022 will hit...
The Organisation of Petroleum Exporting Countries (OPEC) has praised President Muhammadu Buhari for signing the Petroleum Industry Bill....
OPEC said Nigeria's crude oil export earnings, which had dropped by 77% between January and April 2020, rebounded by 116% in November.
Production cuts from OPEC countries and other allies have helped to revive the price of Brent Crude.
Yesterday, OPEC released its monthly oil market report for December which showed that Nigeria’s oil production dipped to a new low.
In December last year, member of OPEC pumped less crude per day, in compliance with an output cut that was agreed by the world’s oil cartel.
The Economic report of the CBN has revealed that the country earned N5.37 trillion from the sale of oil between August 2018 and July 2019.
The @DangoteGroup refinery will be a significant contributor to oil production in West Africa, the Organisation of Petroleum Exporting Countries (OPEC) has noted.
Despite the reduction in crude oil production by OPEC and non-OPEC members, the past few days marked constant fluctuations in crude oil prices.