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Africa: OPEC Meets on Crucial Decision That Will Impact Nigeria, Libya
Premium Times, 30 November 2017
Nigeria may have to amend its 2018 budget proposals following reported moves by the Organisation of Petroleum Exporting Countries, OPEC, to cap the country's oil output at 1.8… Read more »
OPEC to Decide on Nigeria, Libya's Oil Output
The Organisation of Petroleum Exporting Countries will today debate whether to cap oil output from Nigeria and Libya, which have so far been excluded from supply curbs due to falling production amid unrest. The two countries have not been sanctioned in the past.
InFocus
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The former head of the Nigerian National Petroleum Corporation, Mohammed Barkindo, will replace Libyan Abdalla El-Badri, who has held the position since 2007. Read more »
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Nigeria stands to continue to benefit from an improved oil revenue as the Organization of Petroleum Exporting Countries decided in Vienna to extend cuts in oil output by nine ... Read more »
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The Organisation of Petroleum Exporting Countries has reached the much-sought consensus to cut oil production by 1.2 million barrels per day, effective January 1, 2017. The cut, ... Read more »
