Tag: OPEC
BREAKING: Qatar Dumps OPEC in January 2019
Qatar Dumps OPEC in January 2019, To Focus On Gas Production Qatar is to leave OPEC next month...
NNPC Appoints Mele Kyari As OPEC Representative
The Nigerian National Petroleum Corporation (NNPC) on Sunday, May 13, announced the appointment of Group General Manager (GGM), Mallam Mele Kyari,...
Nigeria’s Excess Oil Revenue Now N22.4bn Per Day As Price Hits $77bn Per Barrel
Nigeria’s excess oil revenue has moved upward to N22.4 billion daily as a result of the sudden leap...
NNPC GMD Reveals That Nigeria Is Now World’s Largest Petrol Importer
The Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has revealed that...
Nigeria’s Crude Oil Production Falls In January
Nigeria’s crude oil production fell by 8,100 barrels per day (bpd) from 1.828 mbpd it recorded in December,...
Nigeria, Other Producers Agree To Cut Oil Output
Global oil producers, meeting in Russia Monday, called for stricter adherence to their agreement to cut output, with...
Will Nigeria Survive The Death Of Big Oil?
Will Nigeria Survive The Death Of Big Oil?, By Uddin Ifeanyi CLICK here to read more opinion articles For...
Nigeria’s Oil Production Falls From 2 Million To 1.2 Million Barrels Per Day
The Organisation of Petroleum Exporting Countries (OPEC) has said that Nigeria’s crude oil production has fallen from two...
Oil Prices Become Stable As Russia Joins OPEC In Production Cut
Oil prices became stabled on Wednesday as Russia joined OPEC in cutting production to balance the market, although...
Goodluck Jonathan And Dieziani Madueke Shared $466m Bribe, Italian Investigators Say
Italian prosecutors have named former president Goodluck Jonathan and former minister of petroleum, Dieziani Alison-Madueke among those who allegedly...
Ex-NNPC GMD, Barkindo, Appointed As OPEC Secretary-General
An erstwhile Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Mohammed Barkindo was on Thursday...
Nigeria Will Not Withdraw From OPEC or Devalue Currency - Buhari tells Al Jazeera
Just nine months into his term, Nigerian president Muhammadu Buhari is under pressure. Under his leadership, the currency has...
Kachikwu Replaces Diezani As OPEC Chairman
The minister of state for petroleum resources, Dr. Ibe Kachikwu has replaced Diezani Alison-Madueke, the former minister of...
Petroleum Minister, Alison-Madueke Is The New OPEC President
The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has been elected the first female president of the Organisation...
Battle Of Kings: Angola Set To Overtake Nigeria As Largest Oil Producer
According to reports published by the International Energy Agency (IEA), Angola will surpass Nigeria as the continent’s top...
President Jonathan Nominates Alison-Madueke As Secretary-General Of OPEC
President Goodluck Jonathan has nominated Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke to become Secretary-General of the Organization of the...