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Nigeria crude oil production averaged 1.451 mb/d in September,OPEC

The Organisation of the Petroleum Exporting Countries ( OPEC) says Nigeria’s crude oil production averaged 1.451 million barrels per day…

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World oil demand to increase by 5.8 mb/d in 2021, OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says world oil demand will increase by 5.8 million barrels per day in…

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Oil holds near 3-year highs after OPEC+ keep tight control of taps

Brent crude oil futures stuck near three-year highs on Tuesday, with U.S. benchmark crude close to 2014 peaks. This is…

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Iraq to host OPEC 60th anniversary Q1 2022 – Barkindo

Mohammad Barkindo, the Secretary General, Organisation of Petroleum Exporting Countries (OPEC), says Iraq will host the organisation’s 60th anniversary in…

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Financing critical for climate change targets in developing countries – OPEC

The Organisation of Petroleum Exporting Countries (OPEC), says financing remains critical, in meeting any climate change target for developing countries.…

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OPEC congratulates Buhari on signing PIB into law

The Organisation of Petroleum Exporting Countries (OPEC) has congratulated President Muhammadu Buhari for signing into law the Petroleum Industry Bill…

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FG, OPEC forge ties to ensure global oil market stability

The Federal Government has given assurance of its readiness to support every move that will bring about stability in the…

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Global energy sector requires $12.6trn investment by 2045 – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says the global energy sector requires about 12.6 trillion dollars investment cumulatively for…

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50 years partnership: FG launches book, to give insights into culture, diversity

The Federal Government has launched a book entitled “Nigeria and OPEC: 50 years of Partnership,” to mark the golden anniversary…

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Nigeria most admired OPEC member country – Barkindo

The Organisation of Petroleum Exporting Countries (OPEC) has described Nigeria as the most admired member country in the global oil…

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