News

Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...
Angola’s crude production slipped below 1 million barrels a day in July, marking the lowest level since March 2023. ・Angola's ...
At the forefront of Africa’s refining expansion is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and is already reshaping regional fuel trade dynamics. Further developments ...
Senator Heineken Lokpobiri, has assured that Nigeria remains fully committed to the rules of the Organisation of Petroleum Exporting Countries despite recent gains in crude oil output.Lokpobiri said ...
The raised forecast comes as the global economy was now projected to grow 3% this year, up from 2.9% previously.
The return of previously curtailed oil production by OPEC+ members is killing U.S. shale growth, with industry executives ...
Oil supply from countries outside the Declaration of Cooperation - the formal name for OPEC+ - will rise by about 630,000 ...
OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, ...
U.S. shale producers are cutting rigs, slashing budgets, and pulling back hard as cheap oil from OPEC pushes prices deep ...
Big manufacturers like GCL may set up a $7 bln fund to buy and then shut one third of polysilicon capacity. It could reduce ...
The Organization of the Petroleum Exporting Countries (OPEC) is expecting more growth in global demand for crude oil due to a ...