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Data released by the Organisation of Petroleum Exporting Countries on Thursday showed that Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when...
President Muhammadu Buhari has approved Seplat Energy Offshore Limited’s takeover of the entire share capital of Mobil Producing Nigeria Unlimited (Exxon Mobil). A statement released on the...
The Organisation of Petroleum Exporting Countries (OPEC) has reportedly raised Nigeria’s oil production quota. The development was revealed in a document made available in the public...
Oil marketers in Nigeria have maintained an increased pump price for Premium Motor Spirit, popularly called petrol, higher than the approved rate after the price of...
Despite the continuous appreciation of oil prices in the country, the Organization of Petroleum Exporting Countries (OPEC) has said that Nigeria and other countries may incur...
Nigeria’s oil production crashed by about 14.94 million barrels in the second quarter of 2022, Naija News reports. Data obtained from the latest Monthly Oil Market...
The latest figures released by the Organisation of Petroleum Exporting Countries showed an increase in Nigeria’s oil production from 1.024 million barrels per day to 1.158mb/d. This...
The Organisation of the Petroleum Exporting Countries (OPEC) has said the global oil and gas sector requires over $11.8 trillion in investment and that Nigeria in...
The remains of the late Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Sanusi Barkindo, have been laid to rest at Yola cemetery, Adamawa...
The late Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, on Tuesday, spoke on the controversial fuel subsidy. Naija News understands that Barkindo,...
The Organisation of Petroleum Exporting Countries (OPEC) has confirmed the death of its Secretary-General, Mohammad Sanusi Barkindo. Naija News earlier reported that Barkindo died at about...
President Mohammed Buhari said the outgoing Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), late Muhammad Sanusi Barkindo, would be remembered for making Nigeria proud...
The Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Sanusi Barkindo has died. Naija News understands that the outgoing Sec-Gen died at about 11p.m...
The Nigerian government has lost about N500.6bn from the sale of crude oil between January and May this year. It was gathered on Wednesday that the...
The Organisation of Petroleum Exporting Countries (OPEC) says Nigeria lost about 22.658 million barrels of crude oil valued at N1.22tn in the first quarter of 2022....
The Organisation of Petroleum Exporting Countries (OPEC) has said that the global oil supply market could have as much as 240 million barrels of emergency crude...
Nigeria’s oil production quota has been increased by the Organisation of Petroleum Exporting Countries from a 1.735 million barrels per day target to a new target...
The Organisation of the Petroleum Exporting Countries (OPEC) has announced that the price of a basket of 13 crude oil samples traded at $110.46 per barrel...
The international Brent crude oil, on Wednesday, increased by $1.42 to $85.14 per barrel amid the impact of COVID-19. Naija News gathered that OPEC crude oil...
The second term of Mohammad Sanusi, Nigeria’s representative and the secretary-general of the Organization of Petroleum Exporting Countries (OPEC) is set to end on July 2022....