OPEC - Radio Nigeria Ibadan Zonal Station

News Analysis

Saving Economy Being Bled by Crude Oil Theft

Web News 11 September 2023 553 0

By Oluwayemisi Owonikoko Nigeria is a known agrarian economy nation before the discovery of crude oil in commercial quantity in a village called Oloibiri in present day Bayelsa state and in the Niger Delta in 1956.According to the Organization of Petroleum Export Countries Continue Reading

Foreign

G7 Caps Russian Oil Price

Web News 5 December 2022 480 0

Oil prices have risen after major producers agreed to continue to cut output and the G7 and its allies agreed to cap the price of Russian oil. Brent crude rose by about 0.6% to above $86 a barrel on Monday morning. On Friday, the G7 agreed to cap the price of Russian oil at $60 […]Continue Reading

Energy

OPEC Loses Secretary-General

Web News 6 July 2022 420 0

The Secretary-General of the Organisation of Petroleum Exporting Countries, Muhammad Barkindo, is dead. Barkindo died late Tuesday. The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, announced Barkindo’s death in a tweeted posted to his verified Twitter handle, @MKKyari, in the early hours of Wednesday. “We lost our esteemed Dr Muhammad Continue Reading