Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Shell operates the project and ExxonMobil. Total. Eni and the Nigerian National Petroleum Co. are partners.
Read More »Shell will Decide on Nigeria Oil Field In 2019
OPEC Oil Production Jump to a 2018 High in July
OPEC’s crude oil production rose by 70.000 bpd from June to stand at 32.64 million bpd in July.
Read More »CNOOC to Invest $3bn in Nigeria
Nigeria remained the largest investment destination for CNOOC.
Read More »Nigeria has Taken a Huge Leadership Role in OPEC
Nigeria has historically assumed a strong. proactive leadership role in OPEC.
Read More »OPEC. Non-OPEC Producers Arrange to Boost Oil Output
The group equally stated they will meet again on December 4. 2018 to review their decision and its impacts on the market.
Read More »OPEC’s Production Hike will Affect Nigeria’s Economic Outlook
OPEC'.s decision will affect economic outlook in Nigeria if the price drops below $51 or if the country is unable to boost its oil production.
Read More »Oil Tariff Quarrel Is Short-Term Gain. Long-Term Pain
U.S. President Donald Trump has called on OPEC to raise production to cool down oil prices.
Read More »Nigeria’s Crude. Second Highest Valued in 2017 Reference Basket
An average of 692.600bd of the country’s crude oil went to Europe in 2017.
Read More »OPEC May Oil Output Hits New Low on Nigeria. Venezuela
OPEC oil output fell to a 13-month low in May.
Read More »Barkindo to be Honored as ‘Africa Oil Man of the Year’
Barkindo took over as Secretary General of OPEC in August 2016.
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