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A service for energy industry professionals · Wednesday, February 19, 2025 · 787,258,144 Articles · 3+ Million Readers
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West Africa Organization of the Petroleum Exporting Countries News Monitoring

  • Published on Feb 18, 2025

    Heirs Energies Convenes Industry Titans to Drive Nigeria’s Oil Production Growth

    Heirs Energies, Africa’s foremost indigenous energy champion, will host the 2025 Heirs Energies Leadership Forum: Industry Leaders Discourse (ILD) tomorrow in Abuja. This high-level convening unites government decision-makers, global energy CEOs, and …

    Source: This Day - Pro-Government
  • Published on Feb 17, 2025

    Top 5 African countries that produced the most oil in January 2025

    According to the monthly report issued by the Organization of the Petroleum Exporting Countries (OPEC), oil production for some African countries increased in January compared to the previous month, however, this wasn’t the case for others. In January, oil …

    Source: Business Insider Africa - Neutral
  • Published on Feb 18, 2025

    HEIRS Energies Rallies Industry Titans On Improved Nigeria’s Oil Production Growth

    The 2025 Heirs Energies Leadership Forum: Industry Leaders Discourse (ILD) will bring together government decision-makers, global energy CEOs, and sector pioneers on Thursday, 20 February 2025, at the Transcorp Hilton, Abuja. It is convened by Tony O. …

    Source: Independent - Label Pending
  • Published on Feb 17, 2025

    Nigeria Looks to Boost Oil Production by 1 Million Bpd by End-2026

    The Nigerian government aims to boost the country’s oil production by 1 million barrels per day (bpd) by December 2026, from the current 1.75 million bpd, the head of the upstream regulator of Africa’s top crude producer said. Thanks to a government …

    Source: Oil Price - Neutral
  • Published on Feb 18, 2025

    Minister, others to lead discussion at Heirs Energies forum

    Heirs Energies, one of Africa’s foremost indigenous energy companies, says it will host the 2025 Heirs Energies Leadership Forum: Industry Leaders Discourse on Thursday, February 20, 2025. The event, which will be held in Abuja will have in attendance the …

    Source: Punch - Uncategorized
  • Published on 03:39 GMT

    AP Business SummaryBrief at 10:14 p.m. EST

    Senate confirms Howard Lutnick as commerce secretary, a key role for Trump's trade agenda WASHINGTON (AP) — The Senate has confirmed wealthy financier Howard Lutnick as commerce secretary. The confirmation vote Tuesday puts Lutnick in charge of the …

    Source: Lancaster Online - Pennsylvania - Neutral
  • Published on Feb 13, 2025

    Nigeria’s crude oil production rose in January – OPEC

    According to data from the Organisation of Petroleum Exporting Countries (OPEC), Nigeria’s crude oil production rose in January. According to the oil cartel’s direct communication data, Nigeria recorded 1,539 million barrels per day in January from 1,485 …

    Source: Premium Times - Neutral
  • Published on Feb 15, 2025

    Nigeria’s Crude, Condensate Output Hit over Three-year High in Boost for 2025 Budget

    Emmanuel Addeh in Abuja Nigeria’s crude oil and condensate production hit a high of three years and four months in January, rising to 1.737 million barrels per day during the period, and a major boost for the country’s projected N54.9 trillion revenues in …

    Source: This Day - Pro-Government
  • Published on Feb 15, 2025

    AFRICAN MINERALS: TAKING BACK CONTROL 

    A case for Establishment of an Organisation of Mineral Exporting African Countries (OMEAC)   With Africa’s mineral resources playing a central role in the global economy, OMEAC could become a powerful force for positive change, shaping the future of the …

    Source: Botswana Gazette - Neutral
  • Published on Feb 14, 2025

    Nigeria Marks OPEC’s Crude Oil Production 1.5 Million Barrels Target

    The Organisation of Petroleum Exporting Countries (OPEC) has announced that Nigeria’s crude oil production has significantly increased, reaching an average of 1.53 million barrels per day (bpd) in January 2025. This marks a major achievement for the …

    Source: Biz Watch Nigeria - Uncategorized
  • Published on Feb 15, 2025

    Nigeria suffers economic downturn as GDP/capita falls 72% – IMF

    Africa’s largest oil producer, home to over 200 million people, has witnessed a worsening economic downturn in 10 years, with its GDP per capita plummeting by 72.35 per cent. Data obtained from the website of the International Monetary Fund indicated that …

    Source: Punch - Uncategorized
  • Published on Feb 14, 2025

    Mission 300: That 300 million Africans may have access to electricity

    While the rest of the world is advancing in artificial intelligence (AI) and other aspects of technology, about 600 million people in Africa lack access to electricity. However, a recent meeting of 30 African leaders in Tanzania threw up plans on how to …

    Source: Tribune Online - Center-right
  • Published on Feb 14, 2025

    Leaders, Lenders Pledge $35B to Deliver Electricity to 300 Million Africans

    Hope and scepticism are both running high in the wake of a historic US$35-billion commitment by African leaders and a raft of multilateral development banks to deliver electricity to 300 million Africans within the next five years. Attended by heads of …

    Source: The Energy Mix - Neutral
  • Published on Feb 14, 2025

    Nigeria’s crude output hits 1.737m bpd, surpasses OPEC’s quota

    Nigeria’s oil production, including condensate, rose by four per cent Month-on-Month (MoM) to 1.737 million barrels per day (bpd) in January 2025 compared to 1.667 million bpd recorded in December 2024. On a year-on-year (YoY) basis, output saw a 5.7 per …

    Source: Daily Trust - Label Pending
  • Published on Feb 13, 2025

    OPEC confirms Nigeria meets crude oil production quota of 1.5m bpd

    The Organisation of Petroleum Exporting Countries (OPEC) reports that Nigeria’s average daily crude oil production increased significantly to 1.539 million Barrels Per Day (bpd) in January.The country met the OPEC production quota of 1.5 million bpd for …

    Source: Pulse - Neutral
  • Published on Feb 17, 2025

    Navios Maritime Partners L.P. (NYSE:NMM) Q4 2024 Earnings Call Transcript

    Navios Maritime Partners L.P. (NYSE:NMM) Q4 2024 Earnings Call Transcript February 14, 2025 Operator: Thank you for joining us for Navios Maritime Partners Fourth Quarter 2024 Earnings Conference Call. With us today from the company are Chairwoman and CEO, …

    Source: Insider Monkey - Neutral
  • Published on Feb 17, 2025

    Higher oil production will tackle inflation, FX challenges – Agusto & Co

    Pan-African Credit Rating Agency, Agusto & Co, has said that increased crude oil production can help Nigeria resolve the twin challenges of inflation and volatility in the foreign exchange market. This was disclosed by Jimi Ogbobine, Head of Agusto …

    Source: Punch - Uncategorized
  • Published on Feb 14, 2025

    Tanker - Weekly Market Monitor Week 7 - 2025

    By early 2025, net supply has declined significantly from the peaks seen in 2023 and early 2024, reinforcing the inverse correlation between supply levels and TD3 rates. The sharp drop in net supply has driven a notable spike in TD3 rates, validating the …

    Source: American Journal of Transportation - Neutral
  • Published on Feb 18, 2025

    Drone Attack Boosts Oil Prices but Upside Remains Limited

    Oil prices climbed on Tuesday morning following a drone attack on a key Russian oil pipeline. At the same time, the prospect of a Russia-Ukraine peace deal is limiting the upside for oil prices as it could ultimately lead to a flood of Russian crude to the …

    Source: Oil Price - Neutral

05 days 22:02:42

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