OPEC – Extractive 360

OPEC Chief Tasks Africa To Unlock 120bn Barrels Of Oil Reserves

Mr Haitham Al-Ghais, Secretary-General, Organisation of the Petroleum Exporting Countries (OPEC), has tasked Africa to unlock its proven oil reserves of over...

234

INTERNATIONAL NEWS

OPEC Downgrades 2025 Forecast For U.S. Oil

OPEC has downgraded the forecast for the U.S. oil and condensate production in 2025 by 50,000 barrels per day. Now it expects...

193

INTERNATIONAL NEWS

OPEC+ Reiterates Commitment To Monitor Production Adjustment

The Organisation of Petroleum Exporting Countries (OPEC) and non-OPEC countries have reaffirmed commitments to monitor production adjustment aimed at maintaining stability in...

186

INTERNATIONAL NEWS

OPEC Maintains Proactive Strategy For Global Oil Market Stability, Sec-Gen Says

OPEC Secretary-General Haitham Al-Ghais emphasized the group’s unwavering commitment to stabilizing global oil markets, pointing to the group’s ‘proactive, preemptive, and precautious’...

326

INTERNATIONAL NEWS

OPEC Output Rises As Libya Recovery Offsets Iraqi Curbs

OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered its biggest...

334

NEWS

Nigeria’s Crude Oil Production Drops By 33,000 Barrels In September, OPEC Reveals

Nigeria’s average crude oil production in the month of September declined by as much as 33,000 barrels to 1.405 million barrels per...

290

INTERNATIONAL NEWS

Imposed Taxes Responsible For Fuel Price Hikes – OPEC

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has revealed that taxes imposed by major oil-consuming...

804

NEWS

Nigeria Has Made Positive Contributions To OPEC – Secretary-General

The Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), Haitham Al-Ghais, said Nigeria had made positive contributions to the...

538

NEWS

NNPCL, OPEC Pledge Collaboration To Attract Investments, Grow Production

By Stephanie Odiase The Nigerian National Petroleum Company Limited (NNPCL) and the Organization of the Oil Exporting Countries (OPEC) have pledged to...