Tuesday, 24th May 2022
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OPEC

11 May
In the main, progressive nations have these overarching strategic foreign policy objectives: the security, protection and welfare of their citizens within and outside their national borders, plus, economic prosperity.
6 May
Organisation of Petroleum Exporting Countries (OPEC) has raised Nigeria’s oil production quota from the 1.735 million barrels per day (mbpd) target approved in May 2022
7 Apr
Notwithstanding the challenges of crude theft and pipeline vandalisation, the Federal Government, last year, earned $4.48 billion from Shell companies in Nigeria in royalties, taxes and other payments.
17 Mar
The Organisation of Petroleum Exporting Countries (OPEC) has kept its key oil market projections for 2022 unchanged, but it expects to adjust the forecasts in the coming weeks when there is more clarity on the impact of the conflict in Ukraine.
12 Mar
Organisation of Petroleum Exporting Countries (OPEC) has warned that the continuous push against hydrocarbon may threaten the future of crude oil and gas reserves in Africa.
10 Mar
The United Arab Emirates on Thursday reaffirmed its commitment to OPEC+ alliance agreements, a day after an envoy said it would urge the oil cartel to boost output.
9 Mar
Chief Timipre Sylva, Minister of State for Petroleum Resources, has attributed the inability of Nigeria to meet the Organisation of Petroleum Exporting Countries (OPEC) quota to a lack of investments in the oil and gas sector.
28 Feb
The OPEC+ cartel of top oil producers at their monthly meeting on Wednesday are likely to be powerless to rein in prices, which have soared above $100 after member Russia's invasion of Ukraine.
26 Feb
The surge in the price of crude oil and shale producers in the United States of America are creating fresh concerns for the Federal Government.
21 Feb
The announcement on Feb. 13, 2017, by Prof. Yemi Osinbajo, as Acting President, that the government would use modular refineries to drive rapid development of the oil-rich Niger Delta received applause from stakeholders.
17 Feb
The indelible imprints of Dr Mohammad Sanusi Barkindo, outgoing Secretary-General of OPEC, have been on the Organisation since June 1986.
16 Feb
The Organisation of Petroleum Exporting Countries (OPEC), Ministry of Petroleum Resources, Nigerian National Petroleum Company (NNPC) Limited and other stakeholders are set to canvass

Latest

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With less than a week before the presidential primaries and national convention of the All Progressives Congress, Bola Tinubu's strong professional and political records, according to Yobe State Governor Mai Mala Buni and his Borno State counterpart, Prof. Babagana Umara Zulum, set him beyond other presidential candidates in 2023. The two governors spoke separately When…
1 day ago
Disturbed by the activities of terrorists and bandits in some parts of the country, the Nigeria Police Force has resolved to deploy modern and best technology to put an end to the menace of the criminals.
1 day ago
The Police Command in Anambra has described the killing and beheading of Dr Okechukwu Okoye, a lawmaker representing Aguata 2 constituency by yet-to-be-identified assailants as cowards and enemies of State.
1 day ago
The African Development Bank (AfDB) says that Africa will not experience food crisis contrary to reports of an imminent
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The Lagos Waste Management Authority (LAWMA) on Monday destroyed over 400 carts confiscated from pushers, who serially dump waste at unauthorised locations in the metropolis.