OPEC
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Foreign
America and Saudi Arabia are locked in a bitter battle over oil. The stakes are massive
The relationship between the United States and Saudi Arabia is one of the most important on the planet. And lately,…
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Foreign
Why Saudi defied US over OPEC oil cut
Saudi Arabia’s energy minister once famously said that the kingdom “derives pleasure from keeping everyone on their toes.” That is likely how White…
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Business
OPEC and Russia cut oil output in a blow to the West
Saudi Arabia and Russia, acting as leaders of the OPEC Plus energy cartel, agreed on Wednesday to their first large production cut…
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News
Lawan mourns OPEC Secretary-General Barkindo
Senate President Ahmad Lawan has mourned the death of the Secretary-General of the Organisation of Petroleum Exporting Countries (OPEC), Mohammed…
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News
OPEC Secretary General, Muhammad Barkindo, is dead
Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Muhammad Sanusi Barkindo, is dead. He died at about 11pm…
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Business
Crude oil: Nigeria, 6 others drop in production, OPEC report says
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member…
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Business
How reliant is the world on Russia for oil and gas?
The US, UK and EU have announced that they will restrict Russian oil and gas imports. The move came after…
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Business
OPEC hinges attainment of global 6.9mbpd refining capacity addition on Dangote Refinery
Dangote’s 650,000 barrels-per-day (bpd) oil refinery project has been identified as one of the oil distillation companies that would boost…
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Business
OPEC congratulates Buhari for signing PIB into law
The Organisation of Petroleum Exporting Countries (OPEC) has congratulated President Muhammadu Buhari for signing into law the Petroleum Industry Bill…