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.
Read More »IEA: OPEC Production Growth Depends on Stability in Nigeria. Libya. Iraq
IEA in the Oil 2018 envisaged that excess global refining capacity would grow. but Asian refiners need more crude.
Read More »Chinese Firms Build Sub-Sea Pipeline Installation in Nigeria
The 650.000-barrels-per-day refinery will come on stream by September 2019.
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