Market shrugs off OPEC+ cuts, sending oil prices lower
Oil prices dropped by more than 2 per cent on investor skepticism over the effectiveness of the OPEC+ production cuts and concern over
Oil prices rise ahead of key OPEC+ meeting on potential supply cuts
Business a.m Oil prices rose on Thursday as investors prepared for the OPEC+ meeting, which could result in further supply cuts. The
Oil slips on eased tensions over potential Israel embargo
Business a.m Oil prices plunged on Thursday, after the Organization of the Petroleum Exporting Countries (OPEC) did not appear to
Oil prices surge to highest quotations in 2023 amid supply concerns
By Onome Amuge. Global oil prices jumped to their highest settlement price of 2023, following a ‘larger-than-expected’ slump in US
UK charges former petroleum minister,Allison-Madueke to court over alleged bribery
The UK government has announced bribery charges against Diezani Alison-Madueke, former Nigerian oil minister for allegedly receiving
OPEC, IEA, World Bank data say Nigeria gas flaring down 45% in 10yrs
By Ben Eguzozie. Data from OPEC, the global oil cartel, validated by the International Energy Agency (IEA) and the World Bank say
Geopolitics favour Nigeria’s $9bn target from LNG Train 7
By Ben Eguzozie. Geopolitics, especially the dynamics that have so far played out in the war between Russia and Ukraine, are lining
OPEC slashes Nigeria’s oil output 20.7% to 1.38 mb/d
By Cynthia Ezekwe THE Organisation of Petroleum Exporting Countries and its allies (OPEC+) has slashed Nigeria’s oil
OPEC+ oil alliance commence fresh oil production cuts
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
By Ben Eguzozie Said Western calls impugns socioeconomic sectors Continent’s to be biggest oil, gas supplier by 2035 Gabriel Mbaga