Nigeria’s crude oil production increases by 280,700 bpd

  Nigeria’s crude oil production has increased by 280, 700 barrels per day (bpd) from the…

Multinationals must pay fair tax, says Adeosun

    The Minister of Finance, Mrs Kemi Adeosun, on Friday urged G-24 countries to back Nigeria’s…

OPEC exempts Nigeria from planned output cuts

Three member countries of the Organisation of Petroleum Exporting Countries (OPEC) including Nigeria will enjoy an…

OPEC to cut output by 750,000 barrels per day

The Organization of Petroleum Exporting Countries (OPEC) has agreed to cut production by 750,000 barrels a…

OPEC could shock oil market this week

Members of the Organisation of Petroleum Exporting Countries (OPEC) are scheduled to meet with Russia in…

Investment cuts threatening oil supply – OPEC

Secretary-General of the Organisation for Petroleum Exporting Countries (OPEC), Mohammed Barkindo, Tuesday warned that sharp cutbacks…

Investment cuts threatening oil supply – OPEC

Secretary-General of the Organisation for Petroleum Exporting Countries (OPEC), Mohammed Barkindo, Tuesday warned that sharp cutbacks…

Iran yet to decide on OPEC limits

Iran has yet to take any decision on whether to set a ceiling on oil production…

Nigeria’s oil output’ll remain low till 2017 — US

  Nigeria’s crude oil production is expected to remain depressed through 2017 as a result of…

OPEC certain Nigeria will continue to import petrol

The Organisation Petroleum Exporting Countries (OPEC) has expressed “optimism” that Nigeria will begin to import more…

Ex-NNPC MD set to emerge OPEC Secretary-General

The Organization of the Petroleum Exporting Countries (OPEC) is likely to choose Nigeria’s Mohammed Barkindo, a…