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OPEC Pledges Full Compliance with Oil Production Curtailment Plan

Cuts supply by 1.6bn barrels By Emmanuel Addeh The Organisation of Petroleum Exporting Countries (OPEC) yesterday restated its commitment to full conformity with crude oil production...

FG’s Revenue Hit by Oil Production Cut will End Soon, Says...

The Vice-President, Prof. Yemi Osinbajo, has said the oil production cut deal by the Organisation of Petroleum Exporting Countries (OPEC) and its allies has...

OPEC, Allies to Extend Oil Supply Cuts until June 2020

Ejiofor Alike with agency reports The Organisation of Petroleum Exporting Countries (OPEC) and its allies are likely to extend existing oil output cuts when they...

Barkindo: OPEC’s Export to China Reaches $104bn Over 18-year Period

Chineme Okafor in Abuja The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Dr. Mohammad Barkindo, has disclosed that trade relations between member...

Oil Benchmark Lowered over Expected Crude Glut, Says Finance Minister

•Defence, education, police lead in sectoral allocations •Crude price slumps below $60 over US, China trade deal Ejiofor Alike in Lagos and James Emejo in Abuja...

OPEC: Nigeria Rallies African Producers, Gets Sudan’s Pledge on Cut

. World cannot curb climate change divided, OPEC warns Ahead of the next meeting of the ministers of the Organisation of Petroleum Exporting Countries (OPEC),...

Mele Kyari: Nigeria Committed to OPEC’s Oil Output Pact

•Discusses petrol supply, investment opportunities with S’Arabia, UAE Ejiofor Alike with agency reports The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari,...

Future of Oil Industry Bright, OPEC Insists

Chineme Okafor in Abuja The Organisation of Petroleum Exporting Countries (OPEC) has said it does not believe in repeated predictions that the end was near...

2m Nigerians to Get Collateral-free Loans in FG’s New Micro Credit...

In a determined bid to further enlarge its financial inclusion agenda for all Nigerians regardless of social class and economic status, the Muhammadu Buhari...

Crude Oil Price Drops as US Supply Grows, OPEC Mulls Higher...

Ejiofor Alike with agency reports Crude oil prices slipped yesterday as United States production hit a record high, while the Organisation of Petroleum Exporting Countries...