Sylva continues 4-nation OPEC shuttle; signs MoU with Equatorial Guinea
Nigeria’s Minister of Petroleum Resources, Timipreye Sylva continued his four-nation diplomatic shuttle on behalf of the Organization of Petroleum Exporting Countries (OPEC) as he held a bilateral meeting on Tuesday…
Sylva off to Equatorial Guinea on maiden OPEC diplomatic shuttle
The Organization of Petroleum Exporting Countries (OPEC) Special Envoy and Nigeria’s Minister of State for Petroleum Resources, Timipreye Sylva on Thursday left Nigeria for Equatorial Guinea on the first leg…
Nigeria’s Sylva appointed OPEC Special Envoy
OPEC said the purpose of the mission is to hold consultations with the respective leaders of these countries on the DoC market rebalancing efforts.
Nigeria’s daily oil output down to 1.17m barrels in December, amid declining rigs count, says OPEC report
Nigeria’s crude oil production capacity dropped from 1.329 million barrels per day in November 2020 to about 1.174 million barrels per day in December 2020, output data based on direct…
COVID-19 crisis is Nigeria’s opportunity to produce more oil – KYARI
What Nigeria is seeing today in the industry in the COVID-19 situation is an opportunity she must take advantage of and produce more of her oil .
Nigeria, OPEC+ ministers agree to cut 7.2m barrels daily output to stabilize oil market
Nigeria, along with other members of the Organization of Petroleum Exporting Countries (OPEC) and their allies in the non-OPEC, called OPEC+ on Tuesday agreed to voluntarily effect various cuts in…
OPEC outlook forecasts a strong oil market rebound in 2nd half of 2021
OPEC Secretariat analysts say they anticipate crude oil demand slump in 2020 to reverse this year and rise to about 95.9 million barrels per day, by gaining about 5.9 million…