During the 174th Meeting of the OPEC Conference in Vienna, OPEC and non-OPEC global oil giants have agreed to raise crude production, a move that aims to control the recent rise in global oil prices
OPEC meeting in Vienna agrees to raise oil output
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US$3.3 trillion to be spent across planned oil and gas projects worldwide
A total capital expenditure (capex) of US$3.3 trillion is expected to be spent globally across oil and gas value chain on planned and announced projects between 2018 and 2025, according to GlobalData, a leading data and analytics company
US$2mn pre-IPO fund raised ahead of Africa oil and gas drilling
UK-based Africa-focused oil and gas company Solo Oil plc has reported continued progress by its investee company Helium One Limited (He1), the pure-play helium explorer in Tanzania
Oil price sees a rise ahead of OPEC meet
Oil price has increased by one per cent in the early market trading at the forefront of OPEC meeting in Vienna today, as uncertainty prevails whether OPEC and non-OPEC countries would agree on increasing crude output
Somoil renews 300km crude oil pipeline in Angola
The Angolan Oil Company (Somoil) has renewed 300km of crude oil pipeline network in Soyo Municipality, situated in the northern Zaire Province
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