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W/Bank projects Nigeria’s growth to strengthen by 2.5% in 2022

As the global economy enters a pronounced slowdown amid fresh threats from COVID-19 variants and others, Nigeria’s growth is projected…

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Barkindo hails incoming OPEC Sec. Gen.

Mr Mohammad Barkindo, Secretary General, Organisation of the Petroleum Exporting Countries (OPEC) says the organisation will be in capable hands…

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OPEC says crude oil spot prices dropped by $1.74 in November

The Organisation of the Petroleum Exporting Countries (OPEC) says crude oil spot prices dropped by $1.74, or 2.1 percent, in…

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Nigeria regains top crude oil production spot in Africa – OPEC report

Nigeria has regained the top spot among crude oil-producing countries in Africa with the nation’s crude oil production averaging 1.27…

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$11.8trn investments required between 2021-2045 in oil sector- OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says that investments of 11.8 trillion dollars will be required between 2021…

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World oil demand growth in 2021 is 5.7 mb/d – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says World oil demand growth in 2021 now stands at 5.7 mb/d.…

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OPEC revises 2021 world oil demand downward to 5.7 mb/d

The Organisation of the Petroleum Exporting Countries (OPEC) has revised the 2021 world oil demand forecast downward to 5.7 million…

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We need to ensure energy is available, affordable for all – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says the delicate balance between reducing emissions, energy affordability and security requires…

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Oil prices mixed ahead of OPEC meeting

Oil prices traded mixed in choppy trade on Tuesday after a survey showed supply chain bottlenecks and logistical problems sent…

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Gas vital in current, future energy demand, says OPEC-GECF dialogue

A High-Level meeting of the OPEC-GECF Energy Dialogue has underscored the importance of crude oil and natural gas to the…

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