UPDATE: Diezani’s Bribery Case In The UK Adjourned To 2025
The Westminster Magistrates Court in the United Kingdom has adjourned the hearing…
Market Wrap- Oil Gaps $5 On OPEC Cuts, Japan Stocks Approach 34 Year Record As $AAPL Soars
The trading week started off with a massive gap up on both…
Nigeria’s crude oil production averaged 1.238m bpd in June – OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil…
OPEC Secretary General, Mohammed Barkindo, Dies
Nigerian diplomat and Secretary General of the Organisation of Petroleum Exporting Countries…
Dundee University reappoints Nigeria’s Barkindo as Honorary Prof
The University of Dundee UK has reappointed Dr Muhammad Barkindo, Secretary-General of…
Oil production: Why Nigeria is unable to meet OPEC quota – FG
Chief Timipre Sylva, Minister of State for Petroleum Resources, has attributed the…
Nigeria, other members lost $1trn to oil price plunge in 2 years – OPEC scribe
The Secretary-General, Organisation of Petroleum Exporting Countries( OPEC), Dr. Mohammad Barkindo, has…
Global Oil Sector Needs $12.6t Investment – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) says the global…
OPEC hails Okonjo-Iweala’s WTO appointment
The Organisation of Petroleum Exporting Countries (OPEC) has congratulated Dr. Ngozi Okonjo-Iweala,…
Oil Prices Increases, with OPEC+ Holding Supply Cuts
Oil prices rose more than one per cent on Friday, adding…
Oil Prices Rise On OPEC+ Cuts, Record China Imports
Oil climbed on Monday after major producers agreed to extend a deal…
Equatorial Guinea’s Hydrocarbons Minister Wants OPEC+ To Proceed With Easing Cuts to 7.7mbd
The group of OPEC and non-OPEC oil producers should proceed with easing…
Oil Prices Edge Down As Wary Traders Eye Upcoming OPEC+ Meeting
Oil prices edged down on Monday as traders took profits, with the…
OPEC+ Countries Agree on Output Reduction
Ministers of the OPEC+ countries agreed in a video conference on Sunday…
Nigeria joins OPEC+ to cut supply by 10mb/d- Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, said Nigeria…
Major Oil Producers Meet in Vienna over Output Strategy
Ministers from major oil-producing countries are gathering in Vienna on Thursday to…
U.S-China Trade: Oil Rises after OPEC’s Barkindo says U.S. Shale Growth May Slow in 2020
Oil rose on Thursday after industry data showed a surprise drop in…
Why Peoples Republic of China is very important to us – OPEC Reveals
The Organization of Petroleum Exporting Countries (OPEC) on Monday, October 21, declared…
OPEC congratulates Sylva, Minister of State Petroleum
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Mr…
Nigeria earns N85 trillion from exporting crude oil in five years – OPEC
The Organisation of Petroleum Exporting Countries (OPEC) has revealed that Nigeria earned…
Oil hits 3-month high on OPEC cuts, U.S. sanctions on Iran, Venezuela
Oil prices rose to their highest levels since November 2018 on…
Oil price exceeds budget benchmark, climbs to $62.70
The price of oil has risen from $60.00 to $62.70 per barrel…
Oil prices steady on trade talk hopes, OPEC cuts
Oil prices were stable on Tuesday, supported by hopes that talks in…
OPEC exit frees Qatar from U.S. legal concerns
Even before taking over Qatar’s energy policy in a government reshuffle last…
OPEC yet to agree final deal as Iran seeks exemptions -Sources
Iran appears to be the main obstacle for an OPEC oil output…
Oil falls amid stock market slide, but market eyes OPEC meeting
Oil prices fell along with weak stock markets on Thursday, but trading…
OPEC will work to stabilise markets at next meeting: Iraqi deputy minister
Iraqi Deputy Oil Minister, Fayadh al-Nema, said on Wednesday that OPEC would…
Russia plans to sign OPEC partnership deal – Energy Minister
Russia is planning to sign a partnership agreement with the Organisation of…
Don’t mention oil price – U.S. legal threat prompts change at OPEC
OPEC have urged its member nations, not to mention oil prices when…
OPEC able to raise oil output by 1.3m barrels per day
Saudi Energy Minister Khalid al-Falih said OPEC is technically able to raise…