Crude Oil Falls Despite OPEC Assurance Global oil prices fell on Monday despite the Organisation for Petroleum Exporting Countries (OPEC) saying it will do whatever it...
OPEC to Prop Up Oil Price by all Means Top producers in the Organisation of the Petroleum Exporting Countries (OPEC) are already looking at the possibility...
Oil Revenue Plunged by $51.39bn – NEITI The total financial flows from Nigeria’s oil and gas sector slumped to $17.05bn in 2016, a 31 per cent...
OPEC to Cut Nigeria’s Oil Output by 3% in 2019 The Organisation of Petroleum Exporting Countries, OPEC, is expected to cap Nigerian oil production at 1.685...
Shell’s Bonga Produces 800 Million Barrels of Oil Shell Nigeria Exploration and Production Company said on Monday that its Bonga vessel has produced over 800 million...
Nigeria’s Crude Production to Drop by 43,775 Barrels Next Year Nigeria’s crude oil production would drop to 43,775 barrels per day, following the decision by the...
DAPPMAN Suspends Depot Closure, Gives FG Five-day Grace The Depot and Petroleum Products Marketers Association of Nigeria has suspended its earlier directive to shut down depots...
Oil Rises on OPEC Production Agreement Oil prices rose on Friday following OPEC+ agreement on production cuts. The cartel agreed to cut more production than previously...
FG, Oil Marketers Agree on Fuel Subsidy Payment The Federal Government and petroleum marketers on Thursday agreed on how the outstanding fuel subsidy claims would be...
Nigeria’ll Find it Difficult to Cut Oil Production – Kachikwu As the Organisation of Petroleum Exporting Countries is keen to extend efforts to ward off oil...