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A service for global professionals · Tuesday, May 13, 2025 · 812,097,072 Articles · 3+ Million Readers
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West Africa OPEC Newswire

  • Published on 07:29 GMT

    Experts List Obstacles To FG 2.5mbpd Oil Production Target

    ABUJA – Analysts have identified several obstacles to Nigeria’s ambitious target of produc­ing 2.5 million barrels of oil per day by 2026, a goal set for the Nigerian National Petroleum Company Limited (NNPCL) by President Bola Ahmed Tinubu. The Minister …

    Source: Daily Independent - Pending
  • Published on May 12, 2025

    African Petroleum Producers Organisation: Experts begin work ahead of 46...

    Focus is to lay the groundwork for the 19th Ordinary Meeting of the Executive Council of the body, to hold on Wednesday October 30. The 19th Ordinary Meeting of the Executive Council is also to prepare the ground for the 46th Ordinary Session of the …

    Source: The Guardian Post - Neutral
  • Published on May 12, 2025

    Nigeria’s crude output hits two-month high but below OPEC quota

    Nigeria’s crude oil production climbed to a two-month high in April, signalling modest recovery efforts in Africa’s largest oil producer. However, it remained below the country’s official quota set by the Organisation of the Petroleum Exporting Countries ( …

    Source: Business Day - Neutral
  • Published on 04:26 GMT

    Ojulari: NNPC to Resume Drilling in Kolmani Field, Issues with Dangote Refinery Resolved

    •Says conflicts will no longer be resolved on newspaper pages  •Nigeria’s April oil output rises marginally, reaches 3-month high Emmanuel Addeh in Abuja Contrary to insinuations that Nigerian National Petroleum Company Limited (NNPC) had halted the …

    Source: This Day - Pro-Government
  • Published on May 8, 2025

    Nigeria Sets Higher Oil Production Target

    Nigeria’s government has set a new, significantly higher, production target for the national oil company, aiming for 2.5 million barrels daily by the end of this year. “When the new NNPC management visited me, I increased their oil production target to 2.5 …

    Source: Oil Price - Neutral
  • Published on May 9, 2025

    After U.S. interest, UAE to help fund Africa’s largest gas pipeline

    After growing interest from the U.S., the United Arab Emirates has reportedly joined efforts to co-finance the $25 billion Morocco-Nigeria gas pipeline project. Morocco’s Minister of Energy, Leila Benali, recently confirmed the UAE’s involvement, adding …

    Source: Business Insider Africa - Neutral
  • Published on May 9, 2025

    UAE to invest in $25bn Nigeria-Morocco gas pipeline project

    The United Arab Emirates has agreed to contribute to a huge gas pipeline project that will connect Nigeria to Morocco and eventually reach Europe. Morocco’s Minister of Energy Transition and Sustainable Development, Leila Benali, told lawmakers on Tuesday …

    Source: Punch - Indeterminate
  • Published on May 12, 2025

    ‘FG Generated ₦7bn In Mining License Fees Q1 2025’, Says Alake

      The Minister of Solid Minerals Development, Dr Dele Alake, said Nigeria is already showing signs of further economic development, as the Federal Government generated nearly ₦7 billion in mining license fees in the first quarter of the year. He gave the …

    Source: Channels TV - Neutral
  • Published on May 8, 2025

    Top 10 African countries with cheapest fuel prices as global oil prices dip

    The ongoing US-China trade tensions and OPEC+ plans to increase production have contributed to the downward pressure on prices Economist Daniel Kathali told TUKO.co.ke that while global crude prices set the base, local factors such as subsidies and taxes …

    Source: TUKO - Neutral
  • Published on Jun 5, 2024

    Reflection on Equatorial Guinea’s oil production

    By Leoncio Amada NZE NLANG- The discovery of oil in Equatorial Guinea in the mid-1990s constituted an undoubted turning point in the country’s history. The country’s economy had previously been based on agriculture (largely coffee and cocoa) and the export …

    Source: New Business Ethiopia - Pending
  • Published on Jun 23, 2023

    OPEC chief to drive upstream investment in Equatorial Guinea

    Organization of the Petroleum Exporting Countries (OPEC) President Antonio Oburu Ondo is taking the lead in an upstream investment drive in Equatorial Guinea, positioning the country as the perfect destination for exploration activities. As a keynote …

    Source: New Business Ethiopia - Pending
  • Published on May 12, 2025

    Trump travels to a Middle East in transition

    This week, US President Donald Trump makes his inaugural visit to the Middle East since the start of his second term, traveling to Saudi Arabia, Qatar, and the United Arab Emirates on May 13-16. Amid the heightened focus on US policy toward the Middle East …

    Distribution channels: Politics
  • Published on 03:21 GMT

    Commodity Traders are the Market Makers of a New Era

    As geopolitical instability, sanctions, and supply chain shocks become commonplace, physical commodity traders have emerged as indispensable agents to maintain the flow of energy, food, and raw materials. By leveraging political and commercial networks, as …

    Source: Oil Price - Neutral
  • Published on May 8, 2025

    ‘There’s Nothing for Me Here’

    One in four Venezuelans has left their country. Seven years ago the number of those who had left—migrated, fled, been forced out—was still one in ten. For most North Americans it seemed hardly to register, except as a faraway confirmation that socialism “ …

    Source: The New York Review of Books - Neutral
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  • Published on May 8, 2025 - 21:00 GMT

    Total Energy Services Inc. Announces Q1 2025 Results

    CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (“Total Energy” or the “Company”) (TSX:TOT) announces its consolidated financial results for the three months ended March 31, 2025. Financial Highlights ($000’s except per share …

    Distribution channels: Business & Economy, Consumer Goods ...
  • Published on May 12, 2025 - 23:08 GMT

    Trump travels to a Middle East in transition

    This week, US President Donald Trump makes his inaugural visit to the Middle East since the start of his second term, traveling to Saudi Arabia, Qatar, and the United Arab Emirates on May 13-16. Amid the heightened focus on US policy toward the Middle East …

    Distribution channels: Politics
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