The United Arab Emirates has clarified that its decision to withdraw from the Organization of the…
Tag: OPEC
OPEC+ to Pause Oil Output Hikes in Early 2026 Amid Demand Concerns
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) have announced a temporary halt…
Maryamu Idris Appointed as Nigeria’s National Representative to OPEC
The Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of Maryamu Idris, Managing Director…
Nigeria’s Oil Output Rises to 1.71m Barrels Daily – NUPRC
Nigeria’s oil production climbed to a six-month high in July 2025, averaging 1.71 million barrels per…
OPEC Keeps Global Oil Demand Growth Projections Steady for 2025, 2026
The Organization of the Petroleum Exporting Countries (OPEC) has held firm on its global oil demand…
OPEC Slashes 2025 Oil Demand Forecast Citing U.S. Tariff Impact
The Organization of the Petroleum Exporting Countries (OPEC) has marginally lowered its 2025 global oil demand…
OPEC Chair Urges Nigeria to Increase Oil Production Quota
The Chairman of the Board of Governors of the Organisation of the Petroleum Exporting Countries (OPEC),…
Nigeria’s Oil Output Climbs 4% to 1.737m bpd in January
Kehinde Fajobi Nigeria’s oil production, including condensate, rose by 4% in January 2025 to 1.737 million…
NGF committee recommends N408 per litre of fuel
Nigeria Governors Forum committee on Petrol on Wednesday recommended that petrol should be sold for N403…