Angola, a prominent African oil producer and a key member of the Organisation of the Petroleum Exporting Countries (OPEC), has officially rejected the proposed production quota for the year 2024
Exploration
OPEC+ to reduce output by 1.7 mn bpd until the end of1Q24
OPEC+ announced additional voluntary production cuts and an extension to existing reductions into 2024
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