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Nigeria OPEC Newsletter
  • INTERVIEW: Nigeria's Oando set to double crude output with Eni deal 'imminent' 04 May 2024 03:40 GMT

    … has fueled speculation that Abuja is trying to delay … last July, state-owned Nigerian National Petroleum Company said it … first time the Nigerian Upstream Petroleum Regulatory Commission has … be taken for Nigeria';s oil industry -- and the OPEC member's …

  • India, Nigeria to conclude local currency pact soon 03 May 2024 23:20 GMT

    … delegation from India to Nigeria consisted of officials from … actively engaged in Nigeria’s market. Nigeria is a member … of the Organisation of Petroleum Exporting Countries (OPEC … ’s biggest export to Nigeria is petroleum products. India …

  • OPEC+ influence debate: between staying the course and geopolitical pressures 03 May 2024 09:35 GMT

    … oil production. Since 2022, OPEC+ has announced several production … Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, United Arab Emirates … in global oil markets. OPEC+ now includes Azerbaijan, Bahrain … .  At present, although OPEC maintains its hegemony, the …

  • Explainer-What OPEC+ oil output cuts are currently in place? 02 May 2024 18:26 GMT

    … from the Organization of the Petroleum Exporting Countries and allies, known as OPEC+, come … 2.548 2.47 Nigeria** 0.000 1.500 … Energy Agency figures excluding OPEC members Iran, Libya and … ** Congo and Nigeria targets taken from OPEC statement putting their …

  • OPEC Oil Production Stays Steady, Leaving New Cuts Unfinished 01 May 2024 15:26 GMT

    … by reductions in Iran and Nigeria.Article content As a result … African nation is exempt from OPEC+ targets while its oil industry … economy.Article content Iran and Nigeria each pared supplies by 50 … a day.  The 22-nation OPEC+ alliance — which spans other …

  • Basrah crudes show a downtick following OPEC's voluntary supply cut 01 May 2024 13:00 GMT

    … , Iraq, Iran, and Nigeria experienced a reduced oil output … as agreed within the broader OPEC+ alliance. In March, … to compensate for exceeding its OPEC target. However, recent … while Nigerian production was briefly affected by a power outage. OPEC+ countries …

  • OPEC oil output falls in April, led by Iran and Iraq, survey finds 30 Apr 2024 23:52 GMT

    … exports from Iran, Iraq and Nigeria against a backdrop of ongoing … agreed with the wider OPEC+ alliance. The Organization of the Petroleum Exporting Countries pumped 26.49 … March, according to the survey. Nigerian production declined, with exports falling …

  • Synergies and responsibilities in addressing persistent fuel scarcity in Nigeria 30 Apr 2024 18:50 GMT

    … of Nigeria’s membership in the Organization of the Petroleum Exporting Countries (OPEC) and … the significance of Nigeria’s OPEC membership and its … concern. Nigeria, as a member of the Organization of the Petroleum Exporting Countries (OPEC), benefits …

  • Iraq reduces OPEC oil production 30 Apr 2024 21:54 GMT

    … agreed within the broader OPEC+ alliance. The survey … compensate for exceeding its OPEC target. However, recent … largest production increases within OPEC in 2023. Nigeria';s output … ship-tracking companies, while Nigerian production was briefly affected …

  • OPEC’s Oil Production Falls in April 30 Apr 2024 21:45 GMT

    … Reuters. In March, Iraq, Nigeria, Venezuela, the UAE, and … according to OPEC’s secondary sources, with Nigeria seeing the … largest production increases.  OPEC’s official Monthly Oil … , according to OPEC’s published schedule. The OPEC+ coalition, spearheaded …

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