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OPEC Nigeria News is an EIN News Service for energy industry professionals. Constantly updated news and information about energy.
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Latest OPEC Nigeria News

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  • OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
    ... Nov 6 (KUNA) -- The price of OPEC basket of twelve crudes retreated 15 cents ... to USD 77.60 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) said on Friday. The annual average ... Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), ...

  • Research and Markets: Forecasts Reveal That South Africa Will Account For 14.41% of African Regional Oil Demand By 2013 6 Nov 2009 15:48 GMT
    ... has the greatest production growth potential, with Nigerian exports set to soar if it can resolve recent quasipolitical issues. In terms of natural gas, ... whole, we are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), ...

  • We think BG Group will deliver attractive returns 6 Nov 2009 12:18 GMT
    ... Although oil prices are somewhat protected by OPEC, there is no similar influence in the ... investing in production and LNG facilities in Nigeria, which has seen more than its share of violence and political disruption. BG could be in ...

  • OPEC oil output falls in October-Reuters survey 2 Nov 2009 15:53 GMT
    ... OPEC oil supply fell in October, the first ... lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a ... Supply from the 11 members of the Organization of the Petroleum Exporting Countries with output targets eased to 26.38 million ...

  • OPEC oil output falls in October ' Reuters survey 2 Nov 2009 16:35 GMT
    ... OPEC oil output falls in October – Reuters ... lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a Reuters survey showed on Monday. Supply from the ...

  • Opec oil output falls in October for the first time since April 2 Nov 2009 20:25 GMT
    ... Opec oil output falls in October for the ... lower output from Saudi Arabia, Iraq and Nigeria offset a further rise from Angola, a Reuters survey showed yesterday. Supply from the 11 ...

  • Opec is Comfortable With Country's Industry Reforms - El-Badri 4 Nov 2009 05:53 GMT
    ... Onwuka — Organization of Petrroleum Exporting Countries (OPEC) has endorsed the controversial Petroleum Industry Bill ... Assembly, saying the provision for transformation of Nigerian National Petroleum Corporation (NNPC) to become a commercial player was reasonable. Secretary ...

  • Oil Will Remain in Demand - Opec 4 Nov 2009 05:53 GMT
    ... to the Organization of Petroleum Exporting Countries (OPEC) as no energy policy will diminish the ... the organization on a working visit to Nigeria made it clear that the highly advertised crude oil revenue to member countries is ultimately ...

  • OPEC weekly oil prices fall amidst slow U.S. growth 3 Nov 2009 00:52 GMT
    ... of the Organization of Petroleum Exporting Countries (OPEC) dropped last week, falling by 0.61 U.S. ... ceasefire announced by military groups in oil-rich Nigeria, and the mere 1.9 percent economic growth of the United States in the third ...

  • OPEC average oil price dips 3 Nov 2009 07:34 GMT
    ... OPEC on Monday said its weekly average price ... ceasefire announced by military groups in oil-rich Nigeria, and the mere 1.9 percent economic growth of the United States in the third ...

  • OPEC basket price down 59 cents to USD 74.97 pb 3 Nov 2009 16:17 GMT
    ... Nov 3 (KUNA) -- The price of OPEC basket of twelve crudes dropped 59 cents ... from USD 75.56 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced on Tuesday. The annual average ... Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), ...

  • Opec Pledges to Partner Country on Deregulation 2 Nov 2009 22:14 GMT
    ... of the Organisation of Petroleum Exporting Countries (OPEC), Dr.Abdallah El_Badri has described the deregulation policy ... functionaries at the board room of the Nigerian National Petroleum Corporation in Abuja. He noted that the Corporation was going ...

  • OPEC basket price down 38 cents to USD 75.56 pb 2 Nov 2009 15:17 GMT
    ... Nov 2 (KUNA) -- The price of OPEC basket of twelve crudes dropped 38 cents ... from USD 75.94 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced on Monday. The annual average ... Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), ...

  • Nigeria consulting unions before fuel subsidies cut 4 Nov 2009 11:57 GMT
    ... Felix Onuah ABUJA, Nov 4 (Reuters) - Nigeria will forge ahead with the abolition of fuel subsidies despite the threat of a general ... is part of wider reforms to the OPEC member's energy sector contained in the Petroleum ...

  • RPT-Nigeria consulting unions before fuel subsidies cut 4 Nov 2009 11:57 GMT
    ... Felix Onuah ABUJA, Nov 4 (Reuters) - Nigeria will forge ahead with the abolition of fuel subsidies despite the threat of a general ... is part of wider reforms to the OPEC member's energy sector contained in the Petroleum ...


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