OPEC
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says its members are losing jobs over the prevailing oil theft bedevilling the country. Festus Osifo, president, PENGASSAN, said this on Wednesday in Abuja at a press conference heralding its new advocacy programme themed “Chasing Oil Thieves and Vandals out of Business”. […]
The Secretary-General of the Organization of Petroleum Exporting Countries, OPEC, Muhammad Sanusi Barkindo, is dead. Barkindo died at about 11p.m on Tuesday at the age of 63 years. His demise was announced by Mele Kyari, the Group Managing Director of the Nigerian National Petroleum Company, NNPC, Limited. In a tweet on Wednesday morning, […]
The Organisation of the Petroleum Exporting Countries (OPEC), has released a fresh report on crude oil production of its member countries, indicating that six countries increased their crude oil output while seven countries declined in production. The information is contained in the OPEC Monthly Oil Market Report (MOMR) for May 2022, which was […]
….Nigeria faces production temptation as ECA, reserves stagnate ….Relying on rising prices could be costly, says Adigun ….Exploration hopes dampen as oil rigs count drops to six Oil prices soared yesterday, crossing $67.56 for the Brent Crude, following the cartel and its allies’ decision to roll over current production quotas for another month. At […]
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