Angola, a member of the Organization of the Petroleum Exporting Countries (OPEC), has declared its withdrawal from the organization. The decision comes after Angola rejected and announced its deliberate non-compliance ...
This year has seen Equatorial Guinea attain various achievements and responsibilities as the Minister of Mines and Hydrocarbons has embarked on a global drive to generate investments into the country´s ...
By Metohuey Michael Adoglo There is no need for the Organization of Petroleum Exporting Countries to be more aggressive in its production of crude oil, Energy Ministers of Nigeria and ...
Nigeria’s production quota for December received a boost following an agreement by the Organisation of Petroleum Exporting Countries (OPEC) and its allies to increase combined crude quota by 400,000 barrels ...
Oil consumption will jump by about 5 million barrels a day -- or roughly 5% -- in the second half of 2021 versus the first as the world emerges from ...
OPEC has suffered immensely under the pandemic and subsequent oil demand loss, and its job could now become significantly more challenging as members mull the pros of staying with the ...
MALABO, Equatorial Guinea, August 11 In order to maintain the engagement with the oil sector of Equatorial Guinea in light of the ongoing crisis of Covid-19 and challenging market conditions, ...
London — Oil rose to above $42 a barrel on Friday, adding to gains in the previous session, after oil cartel Opec producers and allies promised to meet supply cuts ...
Many of the world's major oil producers have agreed to extend the record oil production cuts that had helped bolster oil prices since their collapse in April at the height ...
Singapore/Melbourne — Oil prices rose on Tuesday, with traders waiting to see whether producers agree at a virtual meeting expected later this week to extend their huge output cuts to ...
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