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Nigeria: Nigeria, Saudi Arabia Move Against Oil Price Volatility
Guardian, 29 November 2018
The Minister of State for Petroleum Resources, Ibe Kachikwu, and his Saudi counterpart, Khalid Al-Falih, yesterday said the stability of oil price remained a priority ahead of next… Read more »
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Nigeria: Nigeria Indecisive Over Oil Output Cuts As OPEC Meets
Premium Times, 28 November 2018
Indications emerged Wednesday that the Nigerian government is yet to decide whether it would participate in any production cuts ahead of the Organisation of the Petroleum Exporting… Read more »
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Nigeria: Oil Price Stability Tops Nigeria, Saudi Arabia Agenda Ahead Opec Meeting
Daily Trust, 29 November 2018
The Minister of State for Petroleum Resources, Ibe Kachikwu and his counterpart from Saudi Arabia, Khalid Al-Falih, held talks yesterday on the need to present a harmonized… Read more »
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Nigeria: Nigeria, Saudi Arabia Strategise On Oil Market Stability
Leadership, 29 November 2018
Ahead of the 175th meeting of the Organization of Petroleum Exporting Countries (OPEC) members slated for December 6, in Vienna Austria, Nigeria and Saudi Arabia have met to… Read more »
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Nigeria: Nigeria Subsidises Petrol Consumption for Other African Countries
Guardian, 29 November 2018
The massive petrol subsidy currently being reported by the Nigerian National Petroleum Corporation (NNPC), may be a reflection of petrol consumption not only by Nigerians, but also… Read more »
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Nigeria: Oil Prices Appreciate Ahead of December Opec Meeting
Leadership, 29 November 2018
Oil price made slight gain yesterday ahead of scheduled December meeting of the Organisation of Petroleum Exporting Countries, (OPEC) next week at which the producer club is… Read more »
Nigeria, Saudi Arabia Strategise On Oil Price Stability
Nigeria's Petroleum Minister Ibe Kachikwu and his Saudi Arabian counterpart Khalid Al-Falih, held talks on the need to present a harmonized position ahead of the Organization of Petroleum Exporting Countries' meeting in Vienna, Austria. Both ministers said stability in the price of oil was important for their countries.
InFocus
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Oil minister Ibe Kachikwu has said that plans to repair refineries to make them work to full capacity, will only happen by 2020. Kachikwu said 10 out of over 20 private modular ... Read more »
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A new report by the anti-corruption group, Global Witness, says Shell and Eni's deal for Nigeria's OPL 245 oil block reduced Nigeria's expected revenue by nearly U.S.$6 billion. ... Read more »
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A financial and operations report of the Nigerian National Petroleum Corporation indicates that after about six months of recording back-to-back profit on its operations, the ... Read more »
