Saturday, February 24, 2024

Tag: opec

Angola to accord top priority to stronger trade relations with Nigeria

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Angola says it will continue to prioritize its trade cooperation with Nigeria and work assiduously to generally improve bilateral relations between the two countries. Amb....
Akpabio's verdict: Security challenge politically motivated

Akpabio expresses hope of Nigeria meeting OPEC crude oil quota soon

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The president of the Senate, Dr Godswill Akpabio, says with careful planning and execution, Nigeria can meet the Organisation of Petroleum Exporting Countries (OPEC)...

Nigeria lost N16.25trn to crude oil theft in 11 years, says Speaker

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Speaker of the House of Representatives Tajudeen Abbas on Thursday said that Nigeria lost N16.25 trillion to crude oil theft between 2009 and 2020. The...

Dollar index decreases by 1.6% in July – OPEC

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The Organisation of the Petroleum Exporting Countries (OPEC) has said the U.S. dollar index decreased by 1.6 per cent month-on-month (m-o-m) in July, erasing...

Nigeria felicitates OPEC at 63

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Nigeria has congratulated the Organisation of the Petroleum Exporting Countries (OPEC) at 63. This is contained in a statement made in Abuja, by the Permanent...

We ‘ve plan to surpass OPEC’s quota- NUPRC Chief Executive

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The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its focus is to exceed the Organizations of Petroleum Exporting Countries (OPEC)’s oil production quota of...
OPEC: Global oil sector needs $12.6trn investment

Oil: OPEC predicts shortfall of 2m barrels per day by year end

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The oil market is heading for a significant shortfall of around two million barrels per day at the end of the year as a...

OPEC+ can be trusted to balance markets, UAE minister says

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The United Arab Emirates’ energy minister said on Monday that OPEC+ is keen on providing the world with the oil supply it needs. He said...
OPEC: Global oil sector needs $12.6trn investment

Return to oil production cuts in 2019 can’t be ruled out, says OPEC

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A return to oil production cuts by the Organisation of Petroleum Exporting Countries (OPEC) and its allies in 2019 cannot be ruled out, a...
OPEC: Global oil sector needs $12.6trn investment

OPEC: Global trade dispute may hit energy demand

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OPEC Secretary-General Mohammad Barkindo expects global trade disputes to hit energy demand and eventually hurt economic growth. Barkindo told reporters on Wednesday in Cape Town,...

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