Browsing Tag
opec
4 posts
OPEC Encourages Africa to Exploit Its 120 Billion Barrels of Oil
OPEC Chief Urges Africa to Tap into Its Oil Reserves at Nigeria International Energy Summit 2025
At the ongoing Nigeria International Energy Summit 2025 in Abuja, OPEC Secretary-General Mr. Haitham Al-Ghais emphasized the importance of Africa in the global energy … Continue Reading
26 February 2025
OPEC reveals Causes of High Fuel Prices in Nigeria, Says It’s Not Dangote
OPEC Secretary General Highlights the Role of Government Taxes in Fuel Price Surge
Vienna, Austria – The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has addressed concerns regarding the rising fuel … Continue Reading
19 September 2024
Nigeria’s Crude Oil Production Drops Again, Hits 1.23mbpd – OPEC Reports
Nigeria’s crude oil production has seen a significant drop for the second consecutive month, hitting 1.231 million barrels per day (mbpd) in March, according to the latest report from the Organisation of Petroleum Exporting Countries (OPEC).
This marks … Continue Reading
12 April 2024
OPEC plus Ready to cut oil output, Sylva explains hike in fuel price
Members of the Organization of the Petroleum Exporting Countries (OPEC) and its allies called OPEC plus say they would be ready to cut crude production in order to prevent another slump in prices.
At the close of a virtual meeting … Continue Reading
18 November 2020