OPEC’s Barkindo says balanced oil market is in sight
OPEC Secretary-General Mohammad Barkindo said on Thursday there is no doubt that in the wake of efforts by global oil producers to curb production, the crude market is rebalancing, and doing so at an accelerating pace.
OPEC’ll no longer stabilise oil market, Kachikwu warns US, others
We need to go back to that same long term modules; more importantly, we also need to begin to address IOCs in terms of what they need to do to help local refining
Nigerian Olusegun Adekunle appointed OPEC board Chairman
The Organisation of Petroleum Exporting Countries (OPEC) on Friday, announced the appointment of Mr Olusegun Adekunle as the Alternate Chairman of the Economic Commission Board.
OPEC appoints Nigerian Alternate Chairman Economic Commission Board
The Organisation of Petroleum Exporting Countries (OPEC) on Friday, announced the appointment of Mr Olusegun Adekunle as the Alternate Chairman of the Economic Commission Board.
Equatorial Guinea lauds Nigeria’s role in joining OPEC
Mr Gabriel Lima, the Minister of Mines, Industry and Energy of the Republic of Equatorial Guinea, has lauded Nigeria’s role in its recent admittance into the Organisation of Petroleum Countries (OPEC).
OPEC excludes Nigeria, Libya in 1.8m bpd oil output cut
The Organisation of Petroleum Exporting Countries, OPEC, has extended its oil output cuts of 1.8 million barrels per day, bpd, by nine months to tackle oversupply and achieve increased stability in the market, excluding Nigeria and Libya.
