Amidst Dispute on Production Quotas, Angola Exits OPEC
Due to a dispute over production quotas, Angola said on Thursday that it intended to leave the Organisation of the Petroleum Exporting Countries (OPEC). The decision comes after the cartel…
Due to a dispute over production quotas, Angola said on Thursday that it intended to leave the Organisation of the Petroleum Exporting Countries (OPEC). The decision comes after the cartel…
In the world of global energy markets, predictions and forecasts can have a tremendous impact on both national economies and international relations. One such prediction by the Organization of Petroleum…
Nigeria’s Path to Modular Refineries: A Positive Outlook with Funding Challenges The Organization of Petroleum Exporting Countries (OPEC) recently announced that Nigeria is on track to establish small modular refineries…
As OPEC and its Russian-led partners get ready to announce a significant supply cut, oil prices increased on Wednesday. Following Tuesday’s rally, stock markets differed in the hopes that the…
Muhammad Barkindo, the Organization of Petroleum Exporting Countries’ secretary general, has passed away. Barkindo passed away Tuesday night. In the small hours of Wednesday, Mele Kyari, the group managing director…
The Organization of Petroleum Exporting Countries, or OPEC, has increased Nigeria’s oil production quota for August 2022 from 1.799 million barrels per day to 1.826 million barrels per day, or…
Nigeria’s crude oil quota has been enhanced by the Organization of Petroleum Exporting Countries (OPEC) from 1.772 million barrels per day in June 2022 to 1.799 million barrels per day…
Libya has overtaken Nigeria as the biggest producer of crude oil in Africa based on the latest report by the Organization of the Petroleum Exporting Countries (OPEC). Before overtaking Nigeria,…