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OPEC appoints Timipre Sylva Special Envoy for further consultations with DoC...

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WED 03 FEB, 2021-theGBJournal- OPEC’s Joint Ministerial Monitoring Committee (JMMC) has appointed the Minister of State for Petroleum Resources of Nigeria, HE Timipre Sylva,...

OPEC cuts demand outlook again as pandemic uncertainty lingers

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By Charles Ike-Okoh MON, 14 DEC, 2020-theGBJournal- The Organisation of the Petroleum Exporting countries (OPEC) has once again revised lower oil demand outlook for 2021,...

COVID-19 and energy transition are the most significant determinants of the...

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The impact of the energy transition on long-term demand outlook highlight capital allocation and decision-making prospects in the present time WED, 25 NOV, 2020-theGBJournal- 2020...

Oil prices hit 5-month low as production cut disputes linger

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SAT, 31 OCT, 2020-theGBJournal-As national COVID-19 lockdowns is renewed in some European countries and U.S. case count for covid-19 remained at record levels, oil...

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+...