OPEC+ Completes 2023 Oil Output Cut Reversal, Approves September Production Increase
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has approved a further increase in crude oil production ...
Tag: OPEC
Nigeria Targets 2mbpd as Global Oil Crisis Deepens Amid Middle East Tensions
Nigeria has reaffirmed its determination to ramp up crude oil production to 2 million barrels per day (mbpd), even as ...
£140,000 in a Day: London Court Hears of Diezani Alison-Madueke’s Alleged Luxury Spending Spree
Proceedings resumed in London on Thursday in the high-profile corruption and bribery trial of former Nigerian Minister of ...
Nigeria’s Crude Oil Production Boosts To 1.4mbd – OPEC
Nigeria’s crude oil production rose to 1.418mbpd in December 2023, a report by the Organisation of the Petroleum Exporting Countries ...
Angola’s Exit From OPEC Negatively Affects Cost Of Crude
The dispute over crude oil production quota between the Organisation of Petroleum Countries and a few of its members has ...
Equatorial Guinea Announces Compliance with OPEC Production Cuts Obligations
Equatorial Guinea has announced that it is fully complying with its production cuts obligations under the record OPEC++ global oil ...
Nigeria 1.6-1.7m bpd oil output, in line with OPEC cut —NNPC
Nigeria is producing 1.6 million – 1.7 million barrels per day (bpd) of crude oil, the chief operating officer of ...