Tag: OPEC

NNPC Commends PTD’s Maturity, Patriotism, Says We’ll Actively Participate In Quick And Effective Solution
Energy

NNPC, partners Law enforcement agencies on fight against Petroleum Products Smuggling, Crude Oil Theft

By Olatunde Dodondawa The Nigerian National Petroleum Corporation (NNPC) is collaborating with the Economic and Financial Crimes Commission (EFCC), Department of State Services (DSS), Nigeria Police Force (NPF), Nigeria Customs Service (NCS), Nigeria Security and Civil Defence Corps (NSCDC) and other relevant downstream and upstream stakeholders in the petroleum industry […]

NNPC Restates Commitment to OPEC+ Agreement
Energy

NNPC Restates Commitment to OPEC Agreement

…To Focus More on Gas, Condensats for Revenue Growth The Nigerian National Petroleum Corporation (NNPC) has reiterated its commitment to abide by the output cut agreement of the Organization of the Petroleum Exporting Countries (OPEC) and its allies aimed at stabilizing the global oil market. The Group Managing Director of […]

Energy

IEA: Oil demand to drop for first time since 2009

Global oil demand is set to drop this year for the first time since the financial crisis in 2009, the International Energy Agency (IEA) said on Monday, as it slashed its demand outlook by 1.1 million bpd due to the coronavirus outbreak and its impact on economies. The IEA now […]