Category : Search result: oil supply and demand


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.

Kidnappers Demand ₦100m for Abducted Man in Kogi

A Nigerian family pleads for help after kidnappers abducted their relative along Obajana Road in Kogi State. The widow's son was traveling in an 18-seater bus when gunmen struck. Support needed urgently.

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.

UK Allows New Oil and Gas Drilling in North Sea

Britain's Labour government signals a policy shift, permitting limited oil and gas extraction in existing North Sea fields despite a prior ban on new licenses. Discover the details.

Tinubu Hails Ex-NNPC GMD Gaius-Obaseki at 80

President Bola Tinubu celebrates former NNPC GMD Dr. Jackson Gaius-Obaseki's 80th birthday, praising his decades of service in Nigeria's oil and gas sector. Read more about his remarkable career.

Army arrests notorious kidnap suspect in Taraba

Nigerian troops arrest notorious kidnap suspect Umar Mus Geyi in Wukari, Taraba State. Suspect linked to multiple abductions, including Alhaji Jano's kidnapping. Military intensifies search for victims.

Tinubu hails former NNPC GMD Gaius-Obaseki at 80

President Tinubu celebrates Dr. Jackson Gaius-Obaseki's 80th birthday, praising his transformative impact on Nigeria's oil and gas sector. Read about his legacy and NNPC's new health scheme.

Mum Finds Son's Body in Museum Exhibition

A heartbroken mother claims she discovered her deceased son's body displayed in Las Vegas museum. Kim Erick demands DNA tests after recognizing distinctive features on preserved corpse.

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