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A service for global professionals · Wednesday, April 21, 2021 · 538,952,387 Articles · 3+ Million Readers
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Nigeria OPEC News  •••  Topics  •  Nigeria Media Directory

Nigeria OPEC Newswire

  • Published on Apr 16, 2021

    Nigeria’s Daily Oil Production Rise By 5,000 Barrels Per Day

    Nigeria’s daily crude oil production grew by 5,000 barrels per day in March, the latest monthly report of the Organisation of the Petroleum Exporting Countries (OPEC) has shown. The country recorded the lowest month-on-month increase in crude oil …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Apr 15, 2021

    Oil price gains for fifth consecutive month

    The average global crude oil prices have continued to rise for the fifth consecutive month, the Organisation of the Petroleum Exporting Countries said on Tuesday. OPEC attributed the continued rise in international oil prices to the supportive oil market …

    Source: You News Ng - Neutral
  • Published on Apr 10, 2021

    Nigeria’s daily oil production hits 1.57 million barrels

    Nigeria and several other members of the Organisation of the Petroleum Exporting Countries exceeded their oil production quotas in March, according to S&P Global Platts. Nigeria, which had also recently improved its compliance, saw a steady rise in its …

    Source: You News Ng - Neutral
  • Published on Apr 11, 2021

    OPEC Fast Facts

    Here’s a look at the Organization of the Petroleum Exporting Countries, headquartered in Vienna, Austria. Facts The purpose of OPEC is to “coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in …

    Source: KIFI Local News 8 - Idaho - Uncategorized
  • Published on Apr 9, 2021

    As India's Oil Demand Grows, It's Now Looking Beyond OPEC+ For Reliable Supply

    In February, I highlighted the role that India will play in global oil demand in the coming years as its economy grows and oil consumption increases. In 2019, India was the third-largest consumer of oil and petroleum products, after the United States and …

    Source: Investing.com - Neutral
  • Published on Apr 9, 2021

    Crude Oil Edges Lower as Signs of Supply Squeeze Fading

    By Geoffrey Smith  Investing.com -- Crude oil prices fell on Friday and were on course to end a directionless week broadly lower, against a backdrop of growing signs that the output restraint that has supported the market for the last nine months may be …

    Source: Investing.com - Neutral
  • Published on Apr 9, 2021

    Will Vision 2030 Impact Saudi Arabia’s OPEC Strategy?

    OPEC’s leader Saudi Arabia is feeling the heat of its own success at present. By again stabilizing the markets, global oil prices have increased substantially but the pressure is now on. Even though global demand is showing promising signs of improvement, …

    Source: Investing.com - Neutral
  • Published on Apr 5, 2021

    Oil rally pushes Nigeria’s revenue above budget estimate

    The upturn in the price of the international oil benchmark, Brent crude, has pushed Nigeria’s oil revenue above the estimate in the 2021 budget. Brent, against which the country’s crude oil is priced, has been trading more than $20 higher than the Federal …

    Source: The Citizen (Nigeria) - Uncategorized
  • Published on Apr 4, 2021

    Nigeria Faces Slower Economic Recovery -World Bank

    Compared with other African countries affected COVID-19 pandemic, the World Bank says Nigeria face slower economic recovery. The global bank said the slow rollout COVID-19 vaccines had muted Nigeria’s growth outlook despite rising oil prices. World Bank in …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Apr 2, 2021

    Nigeria’s Forex Receipts Decline To $109.72bn in 2020

    Nigeria attracted a total of $109.72 billion foreign exchange in 2020,  economic reports obtained from the Central Bank of Nigeria (CBN) has shown. BizWatch Nigeria’s analyses of the data showed that this represents a 11.9 percent decline on foreign …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Apr 1, 2021

    OPEC+ expected to stay cautious in face of market jitters

        Oil producing countries grouped together under the OPEC+ alliance led by Saudi Arabia and Russia met on Thursday and were expected to agree to an extension to their current output cuts. x Their third ministerial meeting of 2021, being held via …

    Source: Best Naira News - Uncategorized
  • Published on Apr 4, 2021

    OPEC Welcomes Saudi Green Initiatives

    OPEC announced that it has welcomed two new initiatives by the Kingdom of Saudi Arabia that aim to reduce emissions and the region’s environmental footprint. Mohammad Sanusi Barkindo, the OPEC secretary general, noted that the ‘Saudi Green Initiative’ and …

    Source: Rigzone - Neutral
  • Published on Mar 31, 2021

    GECF member Nigeria heralds ‘Decade of Gas’ to...

     31 Mar 2021 - 9:35 Nigeria’s President and Minister of Petroleum Resources H E Muhammadu Buhari and GECF Secretary-General Yury Sentyurin, with other officials and dignitaries participating during the blended ‘Decade of Gas’ event in Nigeria recently. …

    Source: The Peninsula - Gov't Propaganda
  • Published on Mar 23, 2021

    Buhari, Osinbajo, Sylva for “Decade of Gas” conference

    By Chimezie Godfrey President Muhammadu Buhari, alongside Vice President Yemi Osibajo and the Minister of Stater for Petroleum Resources, Timipre Sylva will feature in the upcoming “Decade of Gas” conference and high-level networking session scheduled for …

    Source: News Diary Online - Uncategorized
  • Published on Mar 26, 2021

    Diversify or risk unrest, oil producers warned in report

    Oil-dependent countries that are not preparing to adapt to the global shift away from fossil fuels risk their own stability, warns a new report. Algeria, Iraq and Nigeria are the most vulnerable to “a slow-motion wave of political instability”, according …

    Source: The Guardian - Neutral
  • Published on Mar 24, 2021

    Upstream: Nigeria’s Gas Production Declines By 3% In One Year

    Nigeria’s gas production witnessed another setback, as the sector recorded a marginal decline by three per cent to 3,004.06 Billion Cubic Feet (BCF) in one year. This development is coming as a negative momentum to the Federal Government’s determination in …

    Source: The Tide - Uncategorized
  • Published on Mar 26, 2021

    India to buy oil from cheapest supplier; Saudi min response 'undiplomatic': Union Minister Dharmendra Pradhan

    By PTI NEW DELHI: With Saudi Arabia giving cold shoulder to its plea for easing production controls, India on Friday said it will buy oil from any country that will give it at cheaper rates and on favourable business terms. Refiners in the world's …

    Source: The New Indian Express - Neutral
  • Published on Mar 1, 2021

    OPEC oil output drops in February as Saudi makes further cut: survey

    By Alex Lawler LONDON (Reuters) - OPEC oil output dropped in February as a voluntary cut by Saudi Arabia added to reductions under a supply limiting agreement, a Reuters survey found, ending a run of seven consecutive monthly declines. The 13-member …

    Source: Investing.com - Neutral
  • Published on Mar 25, 2021

    Africa can play central role in India's oil diversification, says Dharmendra Pradhan

    African nations could play a central role in efforts by India to diversify its sources of and gas, India's oil minister said on Wednesday, as the nation strives to reduce its energy reliance on the Middle East. India, the world's third biggest oil …

    Source: Economic Times - Uncategorized
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