Gabon Oil Company will buy the Carlyle Group’s Assala Energy Holdings for USD 1.3 billion.
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Several OPEC+ members have extended voluntary oil production cuts of 2.2 million bpd into Q2 2024.
READ MORESaudi Arabia has attributed its recent production capacity benchmark to the energy transition.
READ MOREThe giant Al Zour refinery in Kuwait has reached full capacity for the first time.
READ MORESaudi Aramco has received orders from the government to set its maximum sustainable capacity to 12 million bpd.
READ MOREBoth OPEC and the International Energy Agency (IEA) have forecast a rise in global oil consumption in 2024, Reuters reported on Thursday.
The IEA has raised its…
READ MORESegun Sowande, partner and head of energy and natural resources for KPMG in Nigeria, talks to The Energy Year about challenges in the Nigerian oil and gas industry and…
READ MOREAngola has decided to leave intergovernmental oil organization OPEC following production cut agreements, the country’s Minister for Mineral Resources, Petroleum and…
READ MOREQatar concluded the twelfth annual Arab Energy Conference in Doha with OPEC’s oil ministers in attendance, local news reported on Tuesday.
The conference ran from…
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