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Energy & Oil

Nigeria To Seek Higher OPEC Quota At November Meeting — Lokpobiri

Nigeria will push for a higher crude oil production quota from the Organisation of Petroleum Exporting Countries (OPEC) during its next meeting in...

Energy & Oil

OPEC+ Raises Oil Output by 137,000 Barrels per Day from November

The Organisation of Petroleum Exporting Countries and its allies, OPEC+, have agreed to raise oil production by 137,000 barrels per day starting November...

Nigeria OPEC Quota
News

OPEC Trims Global Oil Demand Forecast Amid US Tariff Concerns

The Organisation of the Petroleum Exporting Countries (OPEC) has adjusted its 2025 oil demand growth forecast, citing the ripple effects of US trade...

Energy & OilNews

NNPC Ships First Self-Chartered Crude Cargo to Europe, Signaling Shift in Nigeria’s Oil Export Strategy

The Nigerian National Petroleum Company Limited (NNPC) has marked a major milestone in its international trade ambitions, successfully shipping its first self-chartered crude...

Energy & Oil

Nigeria’s Oil Production Inches Up in January, Meeting OPEC Quota

Nigeria’s crude oil production saw a modest uptick in January, according to the latest Monthly Oil Market Report (MOMR) released by the Organization...

Nigeria OPEC Quota
Energy & Oil

Nigeria Eyes OPEC Quota Hike as Oil Production Rebounds

As Nigeria’s crude output recovers from years of decline, the country is ready to negotiate a higher oil production quota with the Organisation...

EconomyNews

Nigeria falls to seventh on fuel exporting countries – OPEC

Nigeria now ranks seventh on Organisation of the Petroleum Exporting Countries’ crude oil production list, according to the organisation’s Monthly Oil Market Report...

News

OPEC: Al-Ghais takes over as new Secretary-General following Barkindo’s death

The Organisation of Petroleum Exporting Countries (OPEC) has, on Monday, elected Hitham Al-Ghais of Kuwait as new Secretary-General. Okay.ng has learned. Al-Ghais said...

News

Qatar to Leave OPEC In January 2019

Qatar is to leave OPEC next month, the Gulf state’s new energy minister, Saad al-Kaabi, announced on Monday. “Qatar has decided to withdraw...