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Crude oil production: Angola, Libya overtake Nigeria –OPEC

Nigeria’s oil production plunged to 972,000 barrels per day in August 2022, as Angola and Libya overtook Nigeria by producing higher volumes...

How Nigeria lost N101bn worth of oil -OPEC

Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when compared to what the country produced in the preceding...

OPEC+ Raises Crude Production Volume for September by 100,000 bpd

The organisation of petroleum exporting countries and allies (OPEC+) agreed on Wednesday to raise crude oil production volume for September by 100,000...

OPEC Secretary-General, Barkindo, is Dead

The Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC), Mohammad Sanusi Barkindo, has died.

OPEC Oil Production to Increase Despite Disruption in Libya -EIA

Crude Oil production from the Organization of the Petroleum Exporting Countries, or OPEC, is projected to grow in 2022 despite recent unplanned...

OPEC Estimates Global Oil Demand Rising to 100.6 Mbpd

The Organisation of the Petroleum Exporting Countries (OPEC) says World total oil demand in 2021 is pegged at 96.5 million barrels per...

Nigeria Crude Oil Production Averaged 1.451 mbpd in September -Report

The Organisation of the Petroleum Exporting Countries (OPEC) says Nigeria’s crude oil production averaged 1.451 million barrels per day (mbpd) in September...

OPEC Congratulates President Buhari on Ratifying PIB

The Organisation of Petroleum Exporting Countries (OPEC) Secretary-General, Mohammad Sanusi Barkindo, has extended his sincere congratulations to President Muhammadu Buhari on the...

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