Tag: Nigeria, opec, refinery
Nigeria, others to benefit from $450bn Refinery Investments- OPEC
The Organisation of Petroleum Exporting Countries on Tuesday said about $450bn worth of new refinery projects and expansion of existing units would be invested in...
FG writes OPEC for increased oil production quota
The Federal Government has written to the Organisation of Petroleum Exporting Countries (OPEC), seeking an increment in the oil production quota. The country is...
OPEC raises oil production to highest level since April 2020
…..OPEC has been pumping in August the highest volume of crude oil since April 2020, after the OPEC+ alliance agreed to ease the production cuts by 400,000 barrels...
Warning to Nigeria and other oil exporting countries: G7 countries to end fuel, diesel consumption by 2030
For Nigeria and other countries whose economy is dependent on oil as a mono product export,such luxury will be over in nine years. This is because,the group of G7...
Nigeria’s daily oil production rises to 1.42 million barrels per day-OPEC
Nigeria increased its crude oil production to 1.42 million barrels per day in February, the latest monthly report of the Organisation of the Petroleum Exporting...
NNPC restates commitment to OPEC
…To focus on gas, condensates for revenue hrowth The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement...
Nigerian crude oil earnings rebound by 116% in Nov – OPEC
The Organisation of Petroleum Exporting Countries (OPEC), says the Nigerian Crude oil export earnings rebounded by 116 per cent in November against 77 per cent in April...
Oil price crisis: OPEC’s breach of output cut triggers price war between Russia and Saudi Arabia
*Nigeria, Iraq fail to uphold commitments to output cut, Says Survey A trending survey findings based on a scientific survey conducted by Reuters have revealed...
OPEC lauds Nigeria’s commitment to oil market stability
The Organisation of the Petroleum Exporting Countries (OPEC) has commended Nigeria’s unwavering commitment to the stability of the global oil market which spanned...
