Oil and Gas
3 Billion People Lack Clean Cooking Fuel – OPEC Boss
Global leaders must have a rethink on energy poverty in order to save around three billion people using unclean fuels...
OPEC Extends Nigeria’s Oil Output Cut Till 2018 Ending
The organization of petroleum exporting countries (OPEC) has agreed to extend its oil-production cuts for Nigeria and Libya to the...
Equatorial Guinea Awaits Decision On OPEC Membership Bid-Minister
Africa’s third oil producer; Equatorial Guinea has held discussions and expects a decision soon on an offer to join the...
Prices Remains High On Uncertainty Over OPEC-Led Production Cut
Oil prices edge up on Wednesday with traders uncertain over a planned OPEC-led oil production cut, and volumes low ahead...
OPEC Optimistic Nigeria Will Import More Petrol
The Organisation Petroleum Exporting Countries (OPEC) has expressed optimism that Nigeria will begin to import more petrol.According to the OPEC...
Opec’s Oil, Gas Investment May Drop to U.S.$320 Billion This Year
The International Energy Information Administration (IEA) expects oil and gas investment in Organisation of Petroleum Exporting Countries (OPEC) to drop...
Opec’s Oil, Gas Investment May Drop to U.S.$320 Billion This Year
The International Energy Information Administration (IEA) expects oil and gas investment in Organisation of Petroleum Exporting Countries (OPEC) to drop...
Crude Trades at Four-Year Low as OPEC Seen Resisting Supply Cuts
Brent and West Texas Intermediate crudes fell to the lowest in more than four years amid speculation that OPEC will...
OPEC Blames Speculators For Fluctuation In Oil Price
The Organisation of Petroleum Exporting Countries (OPEC) has blamed the fluctuation in crude oil price currently being experienced by members...
OPEC Says Oil Market Should Stop Panicking About Price Slump
Everyone in the oil market should stop panicking because crude supply and demand will return to equilibrium, OPEC’s Secretary-General said....
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