May 8, 2025 OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed ...
March 13, 2025 Global oil supply could exceed demand by around 600,000 barrels per day this year, the International Energy Agency said on Thursday, due to growth led by the ...
March 12, 2025 Nigeria will be able to meet OPEC's production target, an executive from Nigeria's state oil company NNPC said on Tuesday. After years of underperforming OPEC quotas, Nigeria ...
Feb. 26, 2025 Mr Haitham Al-Ghais, the Secretary-General of the Organisation of the Petroleum Exporting Countries (OPEC) has tasked Africa to unlock its proven oil reserves of over 120 billion ...
February 12, 2025 OPEC on Wednesday stuck to its forecast for relatively strong growth in global oil demand in 2025, saying air and road travel would support consumption and potential ...
February 5, 2025 OPEC oil output fell in January for a second month, a Reuters survey found, as a drop in exports from Nigeria and Iran offset a rebound from ...
Dec. 11, 2024 Nigeria has reaffirmed its leadership in the global energy sector with the appointment of Ademola Adeyemi-Bero as Nigeria’s Governor for OPEC, and Chairman OPEC Board of Governors ...
Dec. 4, 2024 The Federal Government says the country will never stop the production of fossil fuel and that no country in the world will stop it. Dr. Heineken Lokpobiri, ...
December 2, 2024 The United Nations' top court on Monday starts hearings on the legal obligation of countries to fight climate change and the consequences for states of contributing to ...
Nov. 8, 2024 Global oil demand is projected to reach 120.1 million barrels per day by 2050, while energy demand will rise 24% during the same period, says the Organization ...