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Nigeria Plans To Surpass OPEC Oil Quota – Official

By Agency Report The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says its focus is to exceed the Organisation of Petroleum Exporting Countries (OPEC)’s oil production...

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Subsidy Removal: NNPC Ends Crude Swap Contracts with Foreign Refiners

By Charles Adingupu In line with the Federal Government position on subsidy, the Group Chief Executive Officer of Nigerian National Petroleum Company (NNPC) Limited, Mallam...

News

OPEC’s New Secretary General, Al-Ghais of Kuwait, Takes Office

Hitham Al-Ghais of Kuwait on Monday assumed office as the new Secretary General of the Organisation of Petroleum Exporting Countries (OPEC). Al-Ghais was appointed as...

Energy

Breaking! OPEC Secretary General, Muhammad Barkindo, Dies At 63

Outgoing Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Sanusi Barkindo is dead. Barkindo, 63, was said to have died at about...

News

$11.8trn Investments Required Between 2021-2045 In Oil Sector – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) says that investments of 11.8 trillion dollars will be required between 2021 and 2045 in the upstream,...

Headline

COVID-19: Nigeria’s Oil Rigs Drop By 50%

Nigeria recorded a 50% loss of rigs in the oil and gas sector, data from the Organisation of Petroleum Exporting Countries (OPEC) has shown. According...

Economy

Nigeria Seeks Increased Oil Production Quota, Writes OPEC

The Federal Government has written to the Organisation of Petroleum Exporting Countries (OPEC), seeking an increment in the oil production quota. The country is seeking...

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