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Nigeria OPEC News. Service for global professionals. Constantly updated news and information about Nigeria.
- Deregulation: Expect fuel price hike - FG 12 Nov 2009 00:18 GMT
... ABUJA — THE Federal Government, on the second day of its meeting with leaders of the Nigeria Labour Congress, NLC, yesterday, admitted that its ... member of the Oil Producing Exporting Country (OPEC), was still importing petrol for domestic consumption. ...
- OPEC basket price drops seven cents to USD 76.50 pb 11 Nov 2009 13:05 GMT
... Nov 11 (KUNA) -- The price of OPEC basket of 12-crudes dropped seven cents on ... to USD 76.57 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) said on Wednesday. The annual average ... Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), ...
- U.S. threatening IEA on oil data? Maybe not. 11 Nov 2009 23:34 GMT
... pretty much universally agreed to have peaked. Non-Opec oil supply is also due to peak ... will be more dependent on Saudi Arabia, Nigeria, Iran and Venezuela? It all sounds very odd.... Posted by Tom Fowler at November 11, ...
- OPEC basket price down 15 cents to USD 77.45 pb 6 Nov 2009 14:37 GMT
... Nov 6 (KUNA) -- The price of OPEC basket of twelve crudes retreated 15 cents ... to USD 77.60 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) said on Friday. The annual average ... Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), ...
- MARKET WATCH: Storm, market factors lift energy prices 10 Nov 2009 20:31 GMT
... 25.32 million b/d in March. In October OPEC production was 26.31 million b/d. Jakob said, ... also expect to see higher output from Nigeria in the coming months due to the renewed political stability in the Delta.” Jakob said, “Even ...
- Peak oil review - Nov 9 9 Nov 2009 11:37 GMT
... highs and according to a Bloomberg survey OPEC increased its output by 80,000 b/d in ... in an Egyptian resort this past weekend. Nigeria, the world's eighth-largest producer, appears to be resisting China's approach to buy ...
- 2005 Audit: NEITI indicts DPR, NNPC on transparency 9 Nov 2009 14:52 GMT
... disclosed by the Executive Secretary of the Nigeria Extractive Industry Transparency Initiative (NEITI) Mallam Haruna Sa’eed while speaking on ... the situation of Nigeria as the only OPEC country that is dependent on importation of ...
- Research and Markets: Forecasts Reveal That South Africa Will Account For 14.41% of African Regional Oil Demand By 2013 6 Nov 2009 15:48 GMT
... has the greatest production growth potential, with Nigerian exports set to soar if it can resolve recent quasipolitical issues. In terms of natural gas, ... whole, we are now assuming an average OPEC basket price of US$55.00 per barrel (bbl), ...
- WTI again leads: REVIEW of 13 world oil prices 9 Nov 2009 14:15 GMT
... U.S. and China. Bonny Light, produced in Nigeria, was almost by $1 per barrel cheaper than the American light oil. Average prices for ... week, the average spot price for the OPEC oil basket was $76.2 per barrel compared ...
- Daukoru harps on optimising returns petroleum 9 Nov 2009 18:52 GMT
... oil industry technocrat and former president of OPEC made the disclosure in a position paper ... schemes is a required exercise, which in Nigeria is of interministerial nature. It is rightly so because monitoring of the level and ...
- Daukoru Harps On Optimising Returns of Petroleum 10 Nov 2009 04:32 GMT
... oil industry technocrat and former president of OPEC made the disclosure in a position paper ... schemes is a required exercise, which in Nigeria is of interministerial nature. It is rightly so because monitoring of the level and ...
- China gains beachhead in Egypt 8 Nov 2009 10:57 GMT
... and discuss oil market issues with the OPEC countries." In Africa, China has strengthened ties ... of the five African countries (Sudan, Niger, Nigeria, Ethiopia, and Angola) where China is involved in major resource operations, only one, Angola, ...
- We think BG Group will deliver attractive returns 6 Nov 2009 12:18 GMT
... Although oil prices are somewhat protected by OPEC, there is no similar influence in the ... investing in production and LNG facilities in Nigeria, which has seen more than its share of violence and political disruption. BG could be in ...
- OPEC basket price down 59 cents to USD 74.97 pb 3 Nov 2009 16:17 GMT
... Nov 3 (KUNA) -- The price of OPEC basket of twelve crudes dropped 59 cents ... from USD 75.56 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced on Tuesday. The annual average ... Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), ...
- OPEC basket price up 56 cents to USD 75.53 pb 4 Nov 2009 16:15 GMT
... Nov 4 (KUNA) -- The price of OPEC basket of twelve crudes jumped 56 cents ... from USD 74.97 the previous day, the Organization of the Petroleum Exporting Countries (OPEC) announced on Wednesday. The annual average ... Export (Kuwait), Es Sider (Libya), Bonny Light (Nigeria), Qatar Marine (Qatar), Arab Light (Saudi Arabia), ...
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