Tag: OPEC
NNPC Ltd, OPEC pledge collaboration to attract investments, grow production
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work closely together to...
OPEC pegs Nigeria’s crude oil production at 1.5m barrels per day
● As Petroleum Ministry's Perm Sec, Amb. Aduda, emerges alternate Chair of Organisation's Board of Governors
Nigeria's crude oil production for 2024 has been pegged...
Nigeria hits highest oil production in October 2023
Nigeria's oil production increased to 1.7 million barrels per day (bpd) in October 2023, the highest production record since January.
The oil output is 30.8...
OPEC basket gains, Brent drops to $58.61, By Okechukwu Nnodim in...
OPEC
Crude oil prices varied sharply on Tuesday as Brent recorded a second drop in price for the week, while the commodity in the...
Nigeria, Iraq pledge to cut output to meet OPEC targets
OPEC Headquarters
Iraq’s and Nigeria’s oil ministers pledged on Thursday to reduce oil output to comply with their OPEC output targets.
In a statement, the...
OPEC lauds on-going reforms in NNPC
Mohammed Bakindo
OPEC Secretary-General
The Organisation of the Petroleum Exporting Countries (OPEC) has commended the Nigerian National Petroleum Corporation (NNPC) for...
Nigeria’s oil export to China hits 3m barrels in 30 days
The latest China bound VLCC crude laden vessel is marking its biggest month of buying from Nigeria in years as it ramps up its...
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