The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Organization of the Oil Exporting Countries (OPEC) have pledged to work closely together to achieve the...
Brent crude oil has reached its highest price point in eight months, surpassing $88 per barrel in recent trading sessions. According to a report...
According to a recent report from the Organisation of the Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production has fallen below the 1 million barrels...
In an effort to stabilize the global market, the Organization of Petroleum Exporting Countries and its allies, commonly referred to as OPEC+, have reduced Nigeria’s...
In the early hours of Friday, oil prices remained relatively stable, showing little change as market participants eagerly awaited further information regarding OPEC and its...
In a surprising turn of events, Angola has surpassed Nigeria as the leading crude oil producer in Africa. Nigeria, once a dominant force in...
Ghana has taken a strategic step in the direction of internationalizing its domestic oil and gas policies with the removal of subsidies. According to the...
As part of efforts to arrest the continuous dwindling of the national economy, the Federal Government has reopened shut-in crude oil well in the Niger Delta....
With global recession looming large and demand concerns on the horizon, oil prices slowed down on the first day of trading for the year 2023....
There are indications that Russia’s reaction to the oil price cap reached by Western countries would be reduced output. Deputy Prime Minister, Alexander Novak painted a...