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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …
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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 …