Tag: OPEC
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Oil: Nigeria Gets Approval for 1.8 Million Barrels Per Day for June
Nigeria now has a new target of 1.772 million barrels per day (mbpd) for June 2022. Organisation of the Petroleum Exporting Countries (OPEC) raised...
OPEC Forecasts 28% Rise in Global Energy Demand by 2045
By 2045, Organisation of the Petroleum Exporting Countries (OPEC) is projecting global energy demand to increase by 28% from 275 million barrels of oil...
Nigeria regains top crude oil production spot in Africa – OPEC report
Nigeria has regained the top spot among crude oil producing countries in Africa with the nation’s crude oil production averaging 1.27 million barrels per...
Developing African Petroleum Value Chains
As the continent seeks to ramp up oil and gas production in strategic markets, African producers are making significant strides to strengthen local and...
OPEC countries urged to maintain crude oil production
Global oil supply and demand has seen significant fluctuations since the onset of the COVID-19 pandemic and subsequent lockdown restrictions. As economies begin to...
