Tag: OPEC

U.S. President Donald Trump has vowed to urge Saudi Arabia and the Organization of Petroleum Exporting Countries (OPEC) to lower global oil prices, arguing that this move would bring an ...

The African Energy Chamber (AEC) has announced its strong support for the decision to renew Haitham Al Ghais as the Secretary General of the Organization of the Petroleum Exporting Countries ...

The African Energy Chamber (AEC), a prominent advocacy group for Africa’s energy sector, has called on African energy ministers to back the re-election of Haitham Al Ghais as Secretary General ...

Nigeria, Africa’s largest oil producer, is grappling with a significant decline in active oil rigs, presenting a serious obstacle to the federal government’s goal of reaching a daily crude oil ...

The newly appointed Executive Vice President, Upstream, of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mr. Udobong Ntia, has emphasized the need for stakeholders in Nigeria’s oil and gas ...

The global oil market, currently grappling with tight supplies, may soon face a significant shift towards surplus if the Organization of the Petroleum Exporting Countries and its allies (OPEC+) proceed ...

The Africa50 initiative has committed 100 million US Dollars to the International Renewable Energy Agency’s (IRENA) energy transition project. IRENA and the Africa50 group signed this agreement at the OPEC ...

Ghana's gross international reserves have shown significant growth in the first four months of 2024, reaching US$6.59 billion, which equates to three months of import cover. This positive development was ...

In her latest Geopolitical Intelligence Service (GIS) report, Dr. Carole Nakhle, a renowned energy expert and CEO of Crystol Energy, delves into the complexities of Equatorial Guinea's oil and gas ...

In a world driven by oil, the price of this essential commodity holds the key to shaping the entire economic landscape. Oil prices are set to rise this year, as ...