Tag archive for ‘OPEC’
By admin On Wednesday, January 4th, 2017

2017: Oil, Stocks, Naira, Tumble on First Trading Day

LAGOS JANUARY 4TH (URHOBOTODAY)-The key indexes of crude oil, stocks and naira for brighter economy for Nigeria started the 2017 trading day on a negative note, figures have shown. The much-talked about crude More...

By admin On Tuesday, August 9th, 2016

OPEC Assures of Rise In Oil Prices In September

LAGOS AUGUST 9TH (URHOBOTODAY)-Oil producing countries may heave a sigh of relief as the Organisation of Petroleum Exporting Countries (OPEC) has postulated that oil prices will rise in September through December More...

By admin On Saturday, July 9th, 2016

Ex-Nigeria OPEC President Passes on at 90

Ali Moguno LAGOS JULY 9TH (URHOBOTODAY)-Former Minister of Petroleum Resources and Ex- President of Organization of the Petroleum Exporting Countries (OPEC) Alhaji Shettima Ali Monguno has passed on at the age of More...

By admin On Tuesday, February 23rd, 2016

OPEC: Nigeria Greatly Affected by Falling Crude Prices Worldwide

Eric Dooh at home in Goi village showing oil pollution LAGOS FEBRUARY 23RD (URHOBOTODAY)-The Organisation of Petroleum Exporting Countries (OPEC) announced recently that there are five countries that are greatly More...

By admin On Monday, October 12th, 2015

OPEC Chief Confident of a Balanced Oil Market in 2016

LAGOS OCTOBER 12TH (URHOBOTODAY) – OPEC is confident that the oil market will be “more balanced” next year as non-OPEC production has contracted and global demand is increasing, the cartel’s More...

By admin On Tuesday, October 6th, 2015

Shell Starts Third Phase of Operation at Nigerian Offshore

Shell starts third phase of operations at deepwater prospect off the coast of Nigeria. Photo courtesy of Royal Dutch Shell LAGOS OCTOBER 6TH (URHOBOTODAY)-Royal Dutch Shell said it started operations at the third More...

By admin On Tuesday, March 17th, 2015

Jonathan To Dump Allison-Madueke

LAGOS MARCH 17TH (URHOBOTODAY)-A report on Monday indicated that President Goodluck Jonathan may reshuffle his cabinet any time soon, a development that may consume some powerful Ministers. According to Blueprint, More...

By admin On Sunday, January 26th, 2014

What Nigerians’ll Gain on Refineries’ Privatisation

Minister of Petrleum Resources, Deziani Allison-Madueke By Oghenekevwe Laba LAGOS JANUARY 26TH (URHOBOTODAY)-The pronouncement of the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke over plans by the More...

By admin On Tuesday, August 13th, 2013

Petroleum Minister Diezani Blows N2b on Private Jet in Two Years

Deziani Madueke LAGOS AUGUST 13TH (URHOBOTODAY)-While the Academic Staff Union of Universities, ASUU are on strike for improved working condition, Petroleum Resources Minister, Dieziani Allison-Madueke has spent More...