OPEC Calls for Balancing, Stability of Global Oil Market
The Organisation of the Petroleum Exporting Countries (OPEC) has called on oil producing countries to maintain the stability of the global oil market in the
Tag : OPEC
OPEC seeks oil recovery, continues production cut talks
The Organisation of the Petroleum Exporting Countries will, on Tuesday, continue its discussion on the extension oil production cuts as it set its sights on
OPEC To Revamp Global Oil Industry With $12.6trn
The Organisation of Petroleum Exporting Countries (OPEC), has announced that the global oil industry will require about $12.6 trillion investments in the downstream, midstream as
Dangote refinery, others threaten existing plants – OPEC
New refining capacities expected to come on stream in Nigeria and other African countries in the next few years may increase pressure on existing plants
Oil rises above $45, OPEC+ cut compliance dips
The international oil benchmark, Brent crude, rose above $45 per barrel on Monday, supported by an improvement in Chinese factory data, rising energy demand and
Nigeria’s petroleum imports exceeded exports by $58.5bn — OPEC
The value of petroleum imports into Nigeria exceeded the value of exports by $58.5bn within a five-year period, the latest figures from the Organisation of
OPEC puts conformity level at 107% as Bonny light crude remains stable
The Organisation of Petroleum Exporting Countries, OPEC, has put the conformity level of OPEC and non-OPEC members at 107 per cent, thus raising hope for
Nigeria earned $206bn from oil in five years – OPEC
Nigeria, Africa’s top oil producer, generated $206.06bn in revenue from crude oil exports in the last five years, the Organisation of Petroleum Exporting Countries has
OPEC+ sets June 22 deadline for non-compliant members on oil output cut
The Organisation of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set June 22 as deadline for non-compliant
China, OPEC agree to work closely to stabilise oil market suffering from COVID-19
China, one of the largest consumers of oil in the world, and the Organisation of the Petroleum Exporting Countries (OPEC) have agreed to work together
