opec

U.S briefly overtakes Saudi Arabia as top oil exporter – IEA

• International News

U.S briefly overtakes Saudi Arabia as top oil exporter – IEA

Admin September 12, 2019

Global oil demand is weathering economic headwinds, the International Energy Agency (IEA) said on Thursday, buoyed by...

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Nigeria, Iraq pledge to cut output to meet OPEC target

• Business & Economy

Nigeria, Iraq pledge to cut output to meet OPEC target

Admin September 12, 2019

Iraq’s and Nigeria’s oil ministers pledged on Thursday to reduce oil output to comply with their OPEC...

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Ongoing reforms: OPEC commends NNPC  

• National News

Ongoing reforms: OPEC commends NNPC  

Admin September 11, 2019

The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Mohammed Barkindo, has commended the...

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Oil prices hold steady on hopes trade tensions could ease

• International News

Oil prices hold steady on hopes trade tensions could ease

Admin August 20, 2019

Crude oil prices held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and...

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OPEC sees bearish oil market outlook for rest of 2019 

• Business & Economy

OPEC sees bearish oil market outlook for rest of 2019 

Admin August 16, 2019

OPEC delivered a downbeat oil market outlook for the rest of 2019 on Friday as economic growth...

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Oil production: We are unwaveringly committed to OPEC, non OPEC production adjustments agreement -NNPC 

• Press Releases

Oil production: We are unwaveringly committed to OPEC, non OPEC production adjustments agreement -NNPC 

Admin August 15, 2019

Nigeria has reaffirmed its unwavering commitment to production adjustments agreed upon under the Declaration of Cooperation (DoC)...

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NUPENG suspends industrial action planned over Chevron dispute

• National News

NUPENG suspends industrial action planned over Chevron dispute

Admin August 2, 2019

The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) said on Friday it has suspended planned industrial...

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Change of baton: Baru formally hands over to Kyari as 19th NNPC GMD

• Breaking News

Change of baton: Baru formally hands over to Kyari as 19th NNPC GMD

Admin July 8, 2019

Mallam Mele Kolo Kyari has officially become the 19th Group Managing director of the Nigerian National Petroleum...

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Barkindo re-elected OPEC Sec-Gen for a three-year term

• National News

Barkindo re-elected OPEC Sec-Gen for a three-year term

Admin July 2, 2019

Mohammed Barkindo, OPEC Secretary General The Organisation of Petroleum Exporting Countries (OPEC ) on Monday night announced...

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Why Nigeria supports 9 months extension for oil production cut 

• National News

Why Nigeria supports 9 months extension for oil production cut 

Admin July 1, 2019

Nigeria on Monday  reaffirmed its strong support for the  nine month extension in oil production cut  under...

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