< Back to situations

[ORGANIZATION]

OPEC

Featured in 2 tracked stories · first seen

Situations

[ACTIVE] [BUSINESS] [NG]

Nigeria oil output, refinery expansion, offshore investment

4 clusters · 27 sources · last updated

Latest: Nigeria targets up to $50 bn offshore oil investment by 2030

In early July 2026 Nigeria reported crude output above 1.8 million barrels per day, crediting recent sector reforms. By 30 July the government set a target to raise operational refining capacity from about 732,000 bpd to

[QUIET] [BUSINESS] [AE]

UAE crude pricing shift to Dubai benchmark

2 clusters · 8 sources · last updated

Latest: ADNOC to adopt prompt‑month pricing based on Platts Dubai from Nov 1 2026

In early July 2026 the United Arab Emirates announced that its offshore crude grades would be linked to the Dubai benchmark, positioning Murban as a global reference. By the end of the month, Abu Dhabi National Oil Compa