OPEC+ Pauses Oil Output Hikes Until March 2026
OPEC+ reaffirms plan to maintain current oil production levels until March 2026 and agrees on a new capacity assessment mechanism. Learn how this decision impacts global oil markets.
Category : Search result: Brazil oil exploration
OPEC+ Likely to Maintain Current Oil Production Levels
OPEC+ ministers are expected to keep oil output unchanged in Sunday's online meeting amid price uncertainty. Analysts predict no major market changes as group watches Ukraine talks.
OPEC+ Expected to Maintain Current Oil Output Levels
OPEC+ ministers are expected to maintain current oil production levels in their upcoming online meeting. Analysts cite market uncertainty and Ukraine conflict impacts on prices. Read more.
Ogoni Lament FG Silence After Oil Resumption Report
Ogoni communities express frustration over Federal Government's silence months after receiving crucial committee report on potential oil exploration resumption in Ogoniland.
OPEC+ 2025 Oil Output Policy: A Review
OPEC+ surprised markets in 2025 by hiking oil production. Discover how this strategy fared, the role of Trump's return, and what's next for global oil prices.
ESA Secures Record €22.1 Billion Space Budget
The European Space Agency secures a historic €22.1 billion budget to boost space independence, fund new rockets, and launch missions to Mars and Saturn's moon. Discover Europe's ambitious space plans.
Reps Demand EFCC Account for Seized Crude Oil
House of Representatives committee presses EFCC for full details on crude oil seizures and sales under Naira-for-Crude Policy. Hearing adjourned to December 4.
ICE Arrests Woman Tied to White House Press Secretary
Bruna Caroline Ferreira, mother of Karoline Leavitt's nephew, arrested by ICE for overstaying visa since 1999. Details on removal proceedings and family connections.
Rivers remains key oil investment hub - Fubara
Governor Siminalayi Fubara assures investors Rivers State is secure and open for oil and gas business. Discover opportunities in Nigeria's hydrocarbon heartland.
Scientific Research Guides Nigeria's Oil Production
Dr Omonigho Khalin Egbo's geochemical studies provide crucial data for Nigeria's energy security and revenue growth. Discover how his findings are shaping national oil policy.
Bolsonaro blames hallucinations for ankle tag tampering
Jailed ex-President Jair Bolsonaro claims a nervous breakdown and hallucinations led him to tamper with his ankle monitor. He denies any plan to escape. Read the full details.
NNPC Posts N5.4trn Profit, Reveals $60bn Investment Plan
NNPC Limited announces record N5.4 trillion profit after tax for 2024 and reveals ambitious $60 billion investment strategy to boost oil, gas and clean energy capacity by 2030.
COP30 Climate Deal Reactions: Global Response
Global leaders react to COP30 climate agreement in Brazil. Mixed responses emerge as deal faces praise and criticism. Key outcomes and future implications analyzed.
Brazil's Bolsonaro Transferred to Prison Over Escape Plot
Brazil's Supreme Court orders preemptive arrest of former President Jair Bolsonaro for allegedly plotting escape days before 27-year coup sentence begins. Read full details.
COP30 Ends with Watered-Down Climate Deal
UN climate summit in Brazil concludes with diluted agreement on fossil fuels. EU accepts voluntary measures as developing nations demand more climate finance. Read the full analysis.
COP30 Deal Threatened as Nations Clash Over Fossil Fuels
UN climate talks in Brazil risk ending without agreement as oil-producing nations block fossil fuel phase-out roadmap. EU warns of potential no-deal scenario.
20 Filipinos Arrested as NDLEA Seizes Cocaine in Lagos
NDLEA intercepts 20kg of cocaine from Brazil, arrests 20 Filipino crew members at Apapa port. Agency chairman vows zero tolerance for drug trafficking. Read the full details.
COP30 Fossil Fuel Showdown After Dramatic Fire
UN climate talks in Brazil reach final day with countries split on fossil fuels after venue fire forced evacuation. Nigeria among nations rejecting phase-out roadmap.
COP30: Brazil Seeks Consensus on Fossil Fuel Phase-Down
At COP30 in Belém, Brazil's President Lula urges global climate action, fossil fuel reduction, and climate justice. World leaders must commit to emissions cuts now.
Nigeria's Super Eagles rise to 38th in FIFA rankings
Nigeria's Super Eagles have ascended to 38th place in the latest FIFA world rankings. Discover how their recent matches and AFCON prospects shape their global standing.
US MOSOP: Exclude Ogoni from oil block bids
MOSOP USA calls for Ogoni oil blocks removal from bidding rounds to protect fragile peace process. Federal Government urged to prioritize reconciliation before oil resumption.
Nigeria Oil Production Hits 1.7m bpd After Reforms
Nigeria's oil production exceeds 1.7 million barrels daily as NUPRC reforms gain international support. Discover how Komolafe's leadership is driving sector recovery.
COP30 Draft Deal Lands as Lula Returns to Climate Talks
Brazil presents first draft climate agreement at COP30 as President Lula returns to push for deal. Key issues include climate finance, fossil fuels, and trade measures.
Reps Panel Vows to End Oil Revenue Leakages
House of Representatives committee pledges to halt massive revenue losses in Nigeria's oil and non-oil export sectors, aiming to recover billions lost annually through systemic leakages.
Local Refiners Demand Crude Price Regulation in Nigeria
Nigerian petroleum refiners urge government intervention on crude oil pricing and supply challenges. CORAN seeks regulatory protection to compete against importers.
Dangote Refinery: We Caused Fuel Price Cut, Not Government
Dangote Petroleum Refinery clarifies it initiated recent pump price reductions, not government tariff reversals. Learn how their November 6 price cuts impacted market dynamics across Nigeria.
Emadeb Records First Oil Production from Ibom Field
Emadeb Exploration and Production Company Limited has commenced commercial oil production from Ibom Field PPL 236, marking a significant milestone for Nigeria's upstream oil sector and indigenous operators.
Reliability: Nigeria's New Oil - NoteOpX Revolution
Discover how Nigerian startup NoteOpX is transforming industrial reliability with African-built asset management systems, saving millions and preventing failures across oil, gas and power sectors.
NUPRC Praised for Transparent Frontier Fund Use
Oil and Gas Watchdogs Network commends NUPRC's transparent management of Frontier Exploration Fund, highlighting proper deployment for Nigeria's energy security. Read more.
Serbia's NIS oil firm faces shutdown amid US sanctions
Serbia confronts a winter energy crisis as US sanctions on Russian-owned NIS threaten oil supplies. President Vučić seeks to avoid confiscation of Russian shares. Read more.
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