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OPEC - Page 5

Russia Oil Ban Hands Nigeria, Oil Thieves Opportunity To Increase Revenue

Ban on Russian oil from Europe has created an opening for oil thieves in Nigeria, Nigerian government and members of Organization of the Petroleum Exporting Countries (OPEC) and allies, OPEC+, to raise their oil revenue. European Union members had hit Russia’s production

June 2, 2022

Nigeria’s Crude Oil Production Surges To 1.3mbpd

Business

Nigeria’s Crude Oil Output Drops 1.2 Million Barrels – OPEC

Insufficient investments in the oil sector have limited the capacity of Nigeria and other OPEC member nations to pump the volumes of crude oil approved by the organisation. The Organisation of Petroleum Exporting Countries (OPEC) disclosed in its latest report, noting that

May 3, 2022

Oil & Gas

OPEC Appoints New Secretary-General As Mohammad Barkindo’s Tenure Ends July

The Organisation of the Petroleum Exporting Countries (OPEC) has voted to appoint Kuwaiti candidate Haitham Al-Ghais as its new secretary-general In a statement, the oil cartel said Al-Ghais was selected at a special meeting of the Conference of OPEC held via videoconference on Monday,

January 4, 2022

Oil & Gas

Nigeria’s Oil Production Increases By 2.55 Million Barrels – OPEC

The Organisation of Petroleum Exporting Countries (OPEC) on Tuesday said crude oil production in Nigeria increased by about 2.55 million barrels in the month of November 2021. OPEC noted that the country’s crude oil production rose by 85,000 barrels to 1,420,000 barrels

December 15, 2021

Business

OPEC Revises 2021 Global Oil Demand To 5.7 Million Barrels Daily

The Organisation of the Petroleum Exporting Countries (OPEC) has revised the 2021 world oil demand forecast downward to 5.7 million barrels per day. This was contained in the OPEC’s Oil Market Report for November 2021 which was released on Thursday. The report read in

November 12, 2021

News·Oil & Gas

Oil Price Falls To $72.39 As OPEC Expands Production

Oil prices witnessed a sharp fall on Monday after members and allies of the Organisation of Petroleum Exporting Countries agreed to boost output. Brent, the crude against which Nigeria’s oil is priced, fell by $1.2 per barrel to $72.39 per barrel as

July 19, 2021

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OPEC - Page 5

Russia Oil Ban Hands Nigeria, Oil Thieves Opportunity To Increase Revenue

Nigeria’s Crude Oil Output Drops 1.2 Million Barrels – OPEC

OPEC Appoints New Secretary-General As Mohammad Barkindo’s Tenure Ends July

Nigeria’s Oil Production Increases By 2.55 Million Barrels – OPEC

OPEC Revises 2021 Global Oil Demand To 5.7 Million Barrels Daily

Oil Price Falls To $72.39 As OPEC Expands Production

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