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OPEC nudges up global oil reserves estimate, despite capex fears
04 Jul 2025 02:07 GMT
… -slashing coronavirus pandemic, as OPEC+ supply dips outpaced additional … hikes by the eight OPEC+ countries implementing voluntary cuts … August production levels, while OPEC+ ministers will gather in … year in 2024, driven by Nigeria, Iraq and Saudi Arabia, …
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OPEC’s Oil Production Rises To 2.15m Barrels A Day, Amid $17.4trn Deficit
03 Jul 2025 06:57 GMT
… of Petroleum Exporting Countries (OPEC) pumped a total of … “engage in discussions about OPEC or OPEC+.”
Meanwhile, the organisation … OPEC secretary-general, Haitham Al Ghais disclosed this at the 24th Nigeria … .
“This is why OPEC will continue to prioritise …
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OPEC champions developing countries’ usage of natural resources to bridge energy gap
02 Jul 2025 15:38 GMT
… the Petroleum Exporting Countries (OPEC) has said that developing … non-OECD region.”
The OPEC scribe said demographics, urbanisation … sources, especially hydrocarbons.
“OPEC’s World Oil Outlook … and commended Nigeria’s resolute commitment to OPEC, as well …
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Crude Oil Prices Fall Amid OPEC+ Output Adjustment And U.S. Tariff Uncertainty
02 Jul 2025 11:07 GMT
Global crude oil prices experienced a mild dip as energy markets responded to new developments in production adjustments by OPEC+ members and mounting trade uncertainty from the United States.
According to fresh data, eight key OPEC+ nations are set to …
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OPEC Battles Perceived Market Deficit With $17.4Trn Upstream Investment
02 Jul 2025 12:01 GMT
… of Petroleum Exporting Countries (OPEC), is taking action to … OPEC Secretary-General, Haitham Al Ghais disclosed this at the 24th Nigeria … .
“This is why OPEC will continue to prioritise … affordable energy solutions,” the OPEC Secretary-General said. The …
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OPEC warns of 23 million bpd oil shortfall globally by 2030 without $17.4 trillion investment
02 Jul 2025 09:27 GMT
… the Petroleum Exporting Countries (OPEC) has projected a … of Petroleum Exporting Countries (OPEC) says its research estimates … improve energy access.
OPEC estimates that around 675 … set annually by the Nigerian Upstream Petroleum Regulatory Commission …
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Iraq Claims Top Spot Among OPEC Crude Suppliers To The US
01 Jul 2025 19:52 GMT
… Middle Eastern crude grades amid OPEC+ output cuts.
Rising oil … second-largest OPEC supplier to the U.S. was Nigeria with 6 … its supply quota under the OPEC+ agreements.
Iraq, Kazakhstan, and … the main overproducers in the OPEC+ deal for years, alongside …
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Nigeria To Revoke Idle Oil Field Licences, Issues Ultimatum To Underperforming Firms
01 Jul 2025 18:41 GMT
… longer tolerate underperformance in Nigeria’s petroleum sector. … and reinvest in Nigeria beyond attending industry exhibitions … OPEC), and the International Energy Charter (IEC).
“We believe Nigeria …
Lokpobiri confirmed that Nigeria has fulfilled all its …
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Nigerian Oil falls below $70 a barrel amid faded supply disruption
01 Jul 2025 13:15 GMT
… of an OPEC+ output increase weighed on the market.
Nigeria’s … address oil theft. The Nigerian Upstream Petroleum Regulatory Commission reported … unwinding its quota cuts,
OPEC+, the Organization of the Petroleum Exporting Countries and its allies, including …
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We must move from rhetoric to results — Lokpobiri charges operators at Nigerian oil and gas conference 2025
01 Jul 2025 15:09 GMT
… industry stakeholders to convert Nigeria’s abundant petroleum assets … regional integration. He reaffirmed Nigeria’s commitment to engaging international … as APPO, IEC, and OPEC, as well as driving … approaching our official launch… Nigeria, as host country, has …