OPEC+ announced additional voluntary production cuts and an extension to existing reductions into 2024
OPEC+ to reduce output by 1.7 mn bpd until the end of1Q24
Exploration
Fertiglobe ships renewable ammonia to HUL from its Egypt facility
Fertiglobe, the strategic partnership between ADNOC and OCI Global, announced that it has completed the first shipment of the world’s first internationally recognised renewable ammonia with ISCC PLUS (International Sustainability and Carbon Certification) certification
Sintana Energy provides update on blocks from Orange Basin, Namibia
Sintana Energy has provided an update regarding Petroleum Exploration Licenses 83 (PEL 83) and 90 (PEL 90) located in the heart of Namibia’s Orange Basin which is emerging as one of the world’s most prospective oil and gas regions
Zenith Energy signs MoU with Nile Services & Logistics Company (NLC) for pipelines and storage tanks
Zenith Energy has signed a Memorandum of Understanding with Nile Services and Logistics Company (NLC), a subsidiary of Nile Petroleum Corporation, the national oil company of the Republic of South Sudan
DNV initiates joint project with industry leaders to decarbonise power transformers
DNV, an independent energy expert and assurance provider, has initiated an innovative Joint Industry Project (JIP) in collaboration with Siemens Energy and other key industry players
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