OPEC+ oil alliance commence fresh oil production cuts
Habeeb Adamu
April 3, 2023
By Habeeb Adamu The Organisation of Petroleum Exporting Countries (OPEC) and its allies, referred to as OPEC+, proclaimed voluntary
OPEC’s president-in-waiting tells ‘Global North’ Africa won’t abandon oil production
BEN EGUZOZIEDecember 27, 2022
By Ben Eguzozie Said Western calls impugns socioeconomic sectors Continent’s to be biggest oil, gas supplier by 2035 Gabriel Mbaga
Nigeria set to play strategic role in new world energy order – Kyari
Ben Eguzozie in Port HarcourtMarch 29, 2021
…But experts query country’s $340m spend in North-East oil search, additional N27bn in seismic expedition …But Kyari said transition
Nigeria, other African oil exporters’ll lose $34bn – IMF
Businessam StaffJuly 1, 2020
The International Monetary Fund (IMF) has projected that Nigeria and other African oil producing countries will lose an
Price crash: NNPC targets $10 oil production cost
Businessam StaffMay 29, 2020
The Nigerian National Petroleum Corporation has said it is looking to drive down the cost of producing a barrel of crude oil to $10
Seplat reports 146% PAT growth, on track for 55,000 boepd production
Adesola AfolabiJuly 30, 2019
Seplat Petroleum Development Company Plc (Seplat), an indigenous oil and gas company listed on both the Nigerian Stock Exchange (NSE)
Global oil price may hit $100 per barrel next year on disruptions of production, export in Venezuela, Iran
Businessam StaffMay 11, 2018
The collapsing oil production in Venezuela and potential export disruptions in Iran could push the price of Brent crude as high as
Italy’s ENI starts oil production offshore Angola
Businessam StaffMarch 21, 2018
ENI, Italian energy major and Angolan state company Sonangol have started oil production from the Ochigufu project, in Block 15/06 of
Oil Prices flat in Asia Thursday early trade, capped by growing U.S. production
Businessam StaffMarch 1, 2018
Oil prices were mostly flat Thursday morning in Asia, rising and dipping only marginally amid larger-than-expected U.S. crude