OPEC news

How Nigeria can benefit from OPEC’s production exemption – Kachikwu

Nigeria’s Minister of State for Petroleum Resources, Dr. Ibe Kachikwu has explained how Nigeria can maximise its current exemption from…

8 years ago

OPEC World Oil Outlook Forecasts Oil Will Supply 27% of World’s Energy Needs in 2040, Natural Gas 25%

The latest edition of the OPEC World Oil Outlook predicts oil will remain the world’s largest source of energy over…

8 years ago

OPEC Oil Market Report reveals Nigerian Crude oil Output Increased in February 2017

The Organisation of Petroleum Exporting Countries (OPEC) has said that among its member countries, crude oil output increased most in…

9 years ago

OPEC Secretary General meets with new Deputy Secretary-General of the UN

OPEC Secretary General, HE Mohammad Sanusi Barkindo, met on March 10th, 2017 with the new Deputy Secretary-General of the United…

9 years ago

OPEC Secretary General meets with Eni’s CEO

OPEC Secretary General Mohammad Sanusi Barkindo met with Eni's CEO Claudio Descalzi at Eni’s headquarters in San Donato Milanese, south…

9 years ago

Oil Prices Expected to Increase in 2017 – expert says

CALGARY, - Production cuts by members of the Organization of the Petroleum Exporting Countries (OPEC) and other non-OPEC countries are…

9 years ago

OPEC to hold Emergency Meeting as Oil Price continues to slide

According to CNBC Report, Opec have discussed holding an emergency meeting if oil price continues to slide, according to Nigeria's…

11 years ago