Green Car Congress

APRIL 10, 2015

With the huge reduction in its revenues and growing discomfort among its members such as Venezuela, Libya and Nigeria over its current production levels, is OPEC really getting weaker? Nigeria’s dilemma. Nigeria is Africa''s largest oil producer and among the top 5 global exporters of LNG. Iraq’s Issues.

Saudi Arabia 150

Saudi Arabia Venezuela Iran Nigeria 150

Green Car Congress

JULY 16, 2017

Saudi Aramco’s investment of $300 billion in the next 10 years will, in large part, be focusing on the new technology needed to keep existing projects running while opening up new volumes in the future. But the current production increases in Nigeria, Iraq and Libya, will most probably be temporary.

Oil 186

Oil Libya Nigeria Qatar 186

Green Car Congress

JULY 28, 2015

The crude is so cheap it’s pretty much free for them, the margins are going to be massive. Indian refiners are now buying more crude oil from Nigeria, Iraq, Venezuela and Mexico. He is author of “Oil—Past, present, future—An Indian Perspective”. In case of Saudi Arabia, the price of crude oil would be extremely low.

Saudi Arabia 150

Saudi Arabia Price Oil India 150