April 18, 2023 The Organisation of Petroleum Exporting Countries (OPEC) says global primary energy demand is forecast to increase by 23 per cent in the period to 2045, which necessitates ...
Nov. 30, 2022 Nigeria expects to stop importing petroleum products from before or around the third quarter of 2023, its oil minister Timipre Sylva said on Tuesday. Sylva said a ...
October 19, 2022 Some financial analysts have urged the Federal Government to raise the nation’s oil production to OPEC quota, as panacea to ensure fiscal sustainability and reduce the proposed ...
October 12, 2022 The report showed OPEC output rose by 146,000 bpd to 29.77 million bpd in September, led by Saudi Arabia and Nigeria The Organisatio of Petroleum Exporting Countries ...
October 7, 2022 The President of the Senate Ahmad Lawan says Nigeria loses one million barrels of crude oil daily to crude theft. He made the remarks at the presentation ...
September 26, 2022 The cost of Nigeria's fuel subsidies rose to 525.714 billion naira ($1.22 billion) in August, bringing the total spent this year to 2.568 trillion naira, according to ...
August 28, 2022 Chief Timipre Sylva, Minister of State for Petroleum Resources, says a stable oil market will benefit all consumers, producers and investors. Sylva said this in a statement ...
July 20, 2022 Mr. Gabriel Lima, Minister of Mines and Hydrocarbons, Equatorial Guinea has lauded the initiative of the Nigerian government for the new Nigeria National Petroleum Company Limited, describing ...
Crude oil production up in June By Solomon Asowata The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production increased to an average of 1.238 ...
July 6, 2022 President Muhammadu Buhari has announced minor cabinet reshuffle as he swore in seven new Ministers in the State House, Abuja, on Wednesday. The affected ministers swore in ...
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