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Political Economist

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Tag: opec

Home›Posts Tagged "opec"
  • NNPC
    Local News
    By Admin
    January 13, 2021
    27
    0

    NNPC remains committed to OPEC+, agreement – Kyari tells global Forum

    The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organisation of the Petroleum Exporting Countries (OPEC) and its allies called OPEC+, to stabilise the  global oil market. Group Managing Director of NNPC, Malam Mele Kyari, who gave the assurance at the ongoing virtual Gulf Intelligence ...
    Read More
  • election
    Local News
    By Admin
    November 4, 2020
    221
    0

    Oil rises after Trump falsely claims victory in tight U.S. election

    Oil prices rose nearly 3 per cent on Wednesday after President Donald Trump falsely claimed victory in a tight U.S. election with millions of votes still to be counted and the final result not yet clear. A victory by Trump is viewed as bullish for oil because of sanctions on Iran and his support for ...
    Read More
  • election
    Business & Economy
    By Admin
    July 28, 2020
    499
    0

    OPEC prepares for an age of dwindling oil demand

    The coronavirus crisis may have triggered the long-anticipated tipping point in oil demand and it is focusing minds in OPEC. The pandemic drove down daily crude consumption by as much as a third earlier this year, at a time when the rise of electric vehicles and a shift to renewable energy sources were already prompting ...
    Read More
  • election
    Videos
    By Admin
    June 19, 2020
    288
    0

    OPEC+ sets June 22 deadline for non-compliant members on oil output cut

    The Organisation of Petroleum Exporting Countries (OPEC) and its allies in the Declaration of Cooperation, called OPEC+, has set June 22 as deadline for non-compliant member on the oil output cut to submit their  compensation plans. The group disclosed this in a statement issued after the 19th Joint Ministerial Monitoring Committee (JMMC), held via video ...
    Read More
  • IEA
    Local News
    By Admin
    June 16, 2020
    324
    0

    Less flying means oil demand to stay below pre-virus levels before 2022 – IEA

    Oil demand is recovering from the greatest fall in its history in 2020, the International Energy Agency (IEA) said on Tuesday, but less flying due to coronavirus fears means the world will not return to pre-pandemic demand levels before 2022. “Our first forecast for 2021 as a whole shows demand growing by 5.7 million barrels ...
    Read More
  • IEA
    Breaking NewsLocal News
    By Admin
    May 14, 2020
    211
    0

    Oil demand expected to fall by 8.6 mbpd – IEA

      Oil demand is still set for a record fall in 2020, the International Energy Agency (IEA) said on Thursday, but it trimmed its forecast for the drop citing easing lockdown measures. Demand is expected to fall by 8.6 million barrels per day (bpd), the IEA said in its monthly report, trimming its estimate by ...
    Read More
  • election
    Breaking NewsWorld News
    By Admin
    May 13, 2020
    236
    0

    Oil falls as fears of second coronavirus wave take hold

    Oil prices fell on Wednesday as potential OPEC+ plans to deepen supply cuts were overshadowed by demand concerns exacerbated by a possible second wave of coronavirus infections as countries ease lock downs. Brent crude LCOc1 dropped 56 cents, or 1.9%, to $29.42 a barrel by 0855 GMT, having risen 1.2% on Tuesday. West Texas Intermediate ...
    Read More
  • OPEC
    Business & Economy
    By Admin
    May 6, 2020
    170
    0

    Oil price inches to $31 per barrel on lockdown easing

    Oil rose above $31 a barrel on Wednesday as some countries ease coronavirus lockdowns offset a report showing a higher-than-expected rise in U.S. inventories. Brent crude has almost doubled since hitting a 21-year low reached on April 22, supported by expectations demand will recover and by a record supply cut led by the Organization of ...
    Read More
  • NNPC
    Breaking NewsLocal News
    By Admin
    May 6, 2020
    129
    0

    Nigeria’s oil bid stalled, upstream projects delayed due to price crash – NNPC

    GMD NNPC, Mele Kyari   Nigeria will not hold bidding rounds for major oilfields until crude prices recover, and some upstream projects will be completed much later than originally planned, officials said in a web conference on Tuesday. Nigeria, Africa’s largest oil producer, is grappling with a significant drop in oil prices and a collapse ...
    Read More
  • IEA
    World News
    By Admin
    April 30, 2020
    158
    0

    COVID-19: Economic lockdowns will trigger biggest ever fall in energy demand, emissions – IEA

    Economic lockdowns brought on by the coronavirus pandemic set to cut global energy demand and carbon dioxide emissions by record amounts, the International Energy Agency (IEA) said on Thursday. Global energy demand could slump by 6% in 2020 due to the restrictions placed on homes and industry in what would be the largest contraction in ...
    Read More
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  • FRSC

    Traffic offence: FRSC arrests 456, 655, convicts 6,608 nationwide in 2020

    By Admin
    January 27, 2021
  • NCDC

    COVID-19: NCDC, health Ministry release handbook on home management of mild cases

    By Admin
    January 27, 2021
  • Adesina

    The president will appoint whoever he feels is fit, proper and will deliver – Adesina

    By Admin
    January 27, 2021
  • Jonathan Sacks IGP Abba, Appoints Arase

    By Admin
    April 21, 2015
  • Zinox iPower Inverter Claws to Market Dominance

    By Admin
    November 24, 2014
  • Police foil another suicide bomb attempt in Borno, kill three bombers

    By Admin
    April 24, 2017
  • Justopec
    on
    April 24, 2017

    Police foil another suicide bomb attempt in Borno, kill three bombers

    Good one for the ...
  • Justice Shedrack
    on
    April 24, 2017

    Police foil another suicide bomb attempt in Borno, kill three bombers

    Nice
  • Anonymouse
    on
    February 8, 2017

    Qatar Airways makes history, completes first longest non-stop flight of 16 hours from Doha to New ...

    This is nice...

Timeline

  • January 27, 2021

    Traffic offence: FRSC arrests 456, 655, convicts 6,608 nationwide in 2020

  • January 27, 2021

    COVID-19: NCDC, health Ministry release handbook on home management of mild cases

  • January 27, 2021

    The president will appoint whoever he feels is fit, proper and will deliver – Adesina

  • January 26, 2021

    Appointment of new Service Chiefs: Wike commends Buhari, says Nigerians looking up to the new appointees

  • January 26, 2021

    PDP says appointment of New Service Chiefs late, demands Probe of Buratai, Others

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    • Recent

    • Popular

    • Comments

    • FRSC

      Traffic offence: FRSC arrests 456, 655, convicts 6,608 nationwide in 2020

      By Admin
      January 27, 2021
    • NCDC

      COVID-19: NCDC, health Ministry release handbook on home management of mild cases

      By Admin
      January 27, 2021
    • Adesina

      The president will appoint whoever he feels is fit, proper and will deliver – Adesina

      By Admin
      January 27, 2021
    • Nyesom Wike

      Appointment of new Service Chiefs: Wike commends Buhari, says Nigerians looking up to the new ...

      By Admin
      January 26, 2021
    • Jonathan Sacks IGP Abba, Appoints Arase

      By Admin
      April 21, 2015
    • Zinox iPower Inverter Claws to Market Dominance

      By Admin
      November 24, 2014
    • Police foil another suicide bomb attempt in Borno, kill three bombers

      By Admin
      April 24, 2017
    • Your Kidney is Your Life, Watch Your Lifestyle, Counsels Dr. Amira

      By Admin
      February 27, 2015
    • Justopec
      on
      April 24, 2017

      Police foil another suicide bomb attempt in Borno, kill three bombers

      Good one for the ...
    • Justice Shedrack
      on
      April 24, 2017

      Police foil another suicide bomb attempt in Borno, kill three bombers

      Nice
    • Anonymouse
      on
      February 8, 2017

      Qatar Airways makes history, completes first longest non-stop flight of 16 hours from Doha to New ...

      This is nice...
    • Justice Shedrack
      on
      January 19, 2017

      Confusion in Gambia, Jammeh stays put, Barrow to be sworn in at Gambia embassy in Senegal

      Na wa ooooo

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