Nigeria: OPEC to Restrategise on Production Freeze
Minister of State for Petroleum Resources Ibe Kachikwu has said that member countries of the Organisation of Petroleum Exporting Countries will go back to the drawing board to work out the best approaches to shore up prices of crude oil on the international market.
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Nigeria:
Oil Freeze Deal Not Over - Kachikwu
Daily Trust, 19 April 2016
Minister of State for Petroleum Resources Dr. Ibe Kachikwu has assured that despite the stalemate on crude oil production freeze, the Organisation of the Petroleum Exporting… Read more »
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Nigeria:
Kachikwu - Opec to Restrategise On Output Freeze As Oil Slumps 7 Percent
This Day, 19 April 2016
As crude oil prices fell as much as seven per cent in early trading monday, before rallying slightly, after attempts by some of the world's biggest producers to freeze output ended… Read more »
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Nigeria:
FG to Cut Contracting Cycle for Oil, Gas Projects to Six Months
Daily Trust, 19 April 2016
The federal government is set to reduce from two years to six months the period for completion of the bidding process and actual award of contracts for the execution of oil and gas… Read more »
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Nigeria:
Govt to Reduce Contracting Cycle to Six Months, Says Kachikwu
This Day, 19 April 2016
The Federal Government of Nigeria is set to cut the contracting cycle in Nigeria's oil and gas industry from its current stretch of two to four years to just six months, the… Read more »
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Nigeria:
Opec Fails to Reach Consensus On Production Cut, Amid Iran, Saudi Disagreement
Premium Times, 17 April 2016
The emergency meeting of the Organisation of Petroleum Exporting Countries, OPEC, convened to find a common ground to boost oil prices ended without any resolution. Read more »
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Nigeria:
Oil Freeze Deal - Iran's Refusal Stalls Agreement Among Opec Members
Leadership, 19 April 2016
The minister of State for Petroleum Resources and group managing director of the Nigerian National Petroleum Corporation (NNPC), Dr. Ibe Kachikwu, has assured that despite the… Read more »
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Nigeria:
Opec to Restrategise On Production Freeze, Says Kachikwu
This Day, 18 April 2016
The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that member countries of the Organisation of Petroleum Exporting Countries (OPEC) will go back to the… Read more »
