Angola, Nigeria target higher oil output amid OPEC+ talks
November 24, 2023 African members of OPEC+ producer group Angola and Nigeria are aiming for higher oil output, officials told Reuters on Thursday, a day after the group was forced…
Oil retreats on caution ahead of OPEC+ meeting
November 21, 2023 Oil fell on Tuesday, reversing steep gains made in the past two sessions, as investors turned cautious ahead of a meeting of OPEC+ this Sunday when the…
Oil rises on healthy demand, supply expectations after OPEC report
November 14, 2023 Oil prices inched up on Tuesday on expectations of healthy market fundamentals, following an OPEC report saying demand remains strong, and concerns that supplies might be disrupted…
Nigeria brings major Dangote refinery to life with own oil supply
November 2, 2023 Nigeria’s state oil firm NNPC Ltd will supply the new 650,000 barrel-per-day Dangote oil refinery with up to six cargoes of crude oil in December to be…
OPEC oil output rises for third month – Reuters survey finds
October 31, 2023 OPEC oil output has risen for a third straight month in October, a Reuters survey found on Tuesday, led by increases in Nigeria and Angola and despite…
Putin says OPEC+ coordination to continue
October 11, 2023 Russian President Vladimir Putin said on Wednesday that coordination by the OPEC+ group of leading oil producers would continue to ensure predictability on the oil markets. The…
OPEC oil output rises for second month in Nigeria, Iran – Reuters survey
October 2, 2023 OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria and Iran despite ongoing cuts…
OPEC optimistic on demand – Secretary GeneralÂ
October 2, 2023 OPEC is optimistic on demand and sees under-investment as a risk to energy security, Secretary General Haitham Al Ghais said on Monday at an energy industry event…
COP28 president says oil companies support 2050 net-zero goal
October 2, 2023 COP28 president Sultan al-Jaber said on Monday that more than 20 oil and gas companies were rallying around his calls to curb carbon emissions ahead of a…
After U.N. meeting, countries brace for COP28 fossil fuel fight
September 25, 2023 With two months left until the U.N.’s COP28 summit, countries are far from bridging the gap between those demanding a deal to phase out planet-warming fossil fuels…