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60 years after Independence Nigeria’s energy industry hasn’t realized its promise-...

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By NJ Ayuk While getting Nigeria to the point where it can realize the full potential of its petroleum resources has been slow going, the...

OPEC cuts 2020 oil demand outlook

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WED, AUG 12 2020-theG&BJournal- Organisation of Petroleum Exporting Countries (OPEC) said on Wednesday in its monthly (August) report that  global oil demand growth in...

OPEC-Nigeria talks discuss market recovery after COVID-19

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…Such a dialogue is key for compliance with the OPEC global production cuts deal of April, to which all of OPEC's African member countries...

OPEC-Gabon talks embodies Africa’s strong support for market stability

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Such a dialogue is key for compliance with the OPEC global production cuts deal of April, to which all of OPEC's African member countries...

Oil Market This Week: OPEC+ expects additional 842,000 b/day cut from...

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SAT, JULY 18 2020-theG&BJournal- The OPEC+ Joint Ministerial Monitoring Committee (JMMC) meeting held mid week via videoconference. Three significant development noticed was first, the cohesion...

Sustainability of OPEC+ agreement called into question as Brent oil price...

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MON, JULY 06 2020-theG&BJournal- ‘’Oil price recovery is about to run out of steam,’’ says analysts at Cordros Research. In their latest take on OPEC+...

OPEC’s decision to extend production cuts hailed as positive step for...

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Gradual reopening of world economies along with increased conformity to the production cuts have allowed oil prices to bounce back and reach the $40/bbl...

OPEC agrees production cut extension and Nigeria reconfirms commitment to existing...

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SAT, JUN 06 2020-theG&BJournal- Nigeria said that it subscribes to ‘’the concept of compensation by countries who are unable to attain full conformity in...

African Energy Chamber calls for extension and compliance with production cuts...

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Along with gradual reopening of global economies, production cuts are pushing prices back to $40/barrel much quicker than initially thought FRI, JUN 05 2020-theG&BJournal- As...

OPEC still has an important role to play in Global Oil...

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OPEC has been at the center of one of the biggest stories of 2020 aside from COVID-19 By Sebastian Wagner MON, APRIL 20 2020-theG&BJournal-Scan Western news...