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OPEC+ flagged plans to further increase production from October but the amount was less than some analysts had anticipated. Reuters reported earlier this month that members were considering another hike. “The market had run ahead […]

– Joins African Energy Week (AEW) 2025 as Gold Partner, Cape Town, South Africa — Société Nationale des Pétroles du Congo (SNPC) – the national oil company (NOC) of the Republic of Congo – is […]

London — Oil prices climbed more than $1 on Monday, regaining some of last week’s losses, after OPEC+’s output hike was seen as modest and due to concerns over the possibility of more sanctions on […]

Luanda, Angola — Angola’s upstream regulator – the National Oil, Gas & Biofuels Agency (ANPG) – is revitalizing production across the country’s mature oilfields through the implementation of the Incremental Production Decree. Delivering a presentation […]

*ConocoPhillips CEO Ryan Lance. Newswire — Oil and natural gas producer ConocoPhillips plans to cut 20% to 25% of its workforce. The majority of the reductions will occur this year, a company spokesman said. ConocoPhillips […]

*Offshore gas platform Newswire – Libya’s state-run energy company is proposing reviving a multibillion-dollar natural gas project to ease electricity shortages, a move that may also be a boon for a rival administration in the […]