-
Minister says Angola';s experience in OPEC “was not good”
27 Jun 2025 08:05 GMT
… minister, highlighting that Angola is still heavily dependent … in oil production in Angola, aggravated by management … said.
Angola officially announced its withdrawal from OPEC in December … The minister also highlighted Angola’s commitment to partnerships …
-
“OPEC is a cartel, whether we like it or not. It relies on imposed quotas.”
26 Jun 2025 18:20 GMT
… the minister, emphasizing that Angola still heavily depends on … the natural decline in Angola’s oil production, … said.
Angola officially announced its withdrawal from OPEC in December … revenues.
The minister highlighted Angola’s commitment to partnerships …
-
Nigeria’s Crude Oil Output Falls By 33,000b/d To 1.46mbpd In May – OPEC
16 Jun 2025 21:04 GMT
… Organisation of Petroleum Exporting Countries (OPEC).
The report for May published … to 41.230mbpd in May.
OPEC said: “Total DoC crude … outlook.
On World Oil Demand, OPEC said global oil demand growth … the main decline anticipated in Angola. In 2026, non-DoC …
-
Nigeria’s oil output records third decline in 2025, misses OPEC quota
16 Jun 2025 17:09 GMT
… of Petroleum Exporting Countries (OPEC) for four consecutive months … the upstream regulator. However, OPEC does not include condensates in … oll production was 97% of OPEC quota (1.5 mbpd),” … returns, pointing out how Angola and Uganda are recording investments …
-
OPEC+ Adopts Plan for 2027 Baselines Ahead of July Output Hike Talks
28 May 2025 19:16 GMT
… , May 28 (Reuters) – OPEC+ agreed on Wednesday to … which includes the Organization of the Petroleum Exporting Countries and allies such as … members have seen declines. Angola quit the group in … 22-member group tasked OPEC headquarters with developing a …
-
Opec plus adopts plan for 2027 baselines
29 May 2025 07:38 GMT
… its 2027 oil production, while Opec+ sources said that separate … members have seen declines. Angola quit the group in 2024 … the 22-member group tasked Opec headquarters with developing a mechanism … baselines for all countries, Opec+ said in a statement.
-
Angolan President João Lourenço selected as ‘Energy Person of the Year’
26 May 2025 11:54 GMT
… five marginal fields opportunities. Angola’s flexible investment structures … in facilitating spending across Angola’s upstream market. … investments in Africa. Angola is spearheading renewable energy … S. Barkindo, former OPEC Secretary General, former Namibian …
-
OPEC Backs NUPRC’s Data As Nigeria’s Crude Production Rises
15 May 2025 00:02 GMT
… of Petroleum Exporting Countries (OPEC) has stated that Nigeria’ … Exporting Countries (OPEC).
A careful analysis of OPEC MOMR data showed … that Nigeria, regained the OPEC member with the highest … the main decline anticipated in Angola.
“In 2026, non-DoC …
-
OPEC+ Tests the Shale Sector
09 May 2025 17:43 GMT
… 3 virtual meeting, eight OPEC+ states with voluntary production … of overproduction. Periodically, when OPEC countries focus more on … of past precedents, including Angola’s recent departure.
A … conditions and expectations that OPEC+ will ramp up supply …
-
Nigeria missing as eight OPEC+ members raise output
06 May 2025 05:57 GMT
… of the Petroleum Exporting Countries (OPEC), sparking concerns over the … needs or consider exiting OPEC if the organisation remains … the reason Qatar, Indonesia, and Angola left, “and they are … the market.
Read also: OPEC+ agrees another accelerated oil …