The global oil market is inextricably linked to geopolitical tensions and ceasefires, making oil prices sensitive to conflict, especially in key oil-producing regions. Ongoing tensions in the Middle East, fluctuations.
Organization of Petroleum Exporting Countries (OPEC) Fund for International Development has approved a US$20 million loan and a US$240,000 complementary technical assistance grant to the Republic of Liberia to improve.
The Organisation of Petroleum Exporting Countries (OPEC) Fund has announced a $14.3 million contribution to Phase II of the feasibility study for the $25 billion Nigeria-Morocco Gas Pipeline. According to.
OPEC announced that Libya’s crude oil production exceeded 1 million barrels per day during last September. The monthly report of OPEC clarified that Libya’s production rose to more than one.
Oil prices were mixed on Friday after falling in the previous session as U.S. President Donald Trump urged OPEC to lower crude prices ahead of its meeting in Algeria this.
Africa’s no. 3 oil producer Equatorial Guinea has presented an offer to join the Organisation of the Petroleum Exporting Countries (OPEC) this year and has agreed to production cuts, its.
By Henning Gloystein Oil prices eased on Tuesday as crude output rose in virtually every major export region despite plans by OPEC and Russia to cut production, triggering fears that.
After months of shuttle diplomacy anchored by the Honourable Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, Nigeria’s quest to clinch the top job at the Organization of.
