OPEC

Africa News

South Africa defends BRICS: The bloc remains united

Written by Ayman Ragab: Sharp divisions over the Iranian war pose a challenge to the unity of the BRICS group, yet Minister Ronald Lamola insists that…

Read More »
World News

Officially, OPEC+ countries decide to increase oil production in June by 188,000 barrels per day. 

Written by Mohamed Salem: Seven countries in the OPEC+ alliance, which had previously agreed to voluntary production cuts, namely Russia, Saudi Arabia, Iraq, Kazakhstan, Kuwait, Algeria, and Oman…

Read More »
Business Africa

Nigeria reaffirms its commitment to the principles and objectives of OPEC and the OPEC+ alliance.

Nigeria reaffirmed its commitment to the principles and objectives of the Organization of the Petroleum Exporting Countries (OPEC) and the OPEC+ alliance in order to maintain the stability of the global oil market.

Read More »
Business Africa

With 7 exploration blocks, Algeria launches a licensing round for oil extraction.

Written by: Qusay Ahmed. The Republic of Algeria has announced the launch of a new licensing round for oil and gas exploration for 2026, in a move aimed at boosting…

Read More »
Slider

Equatorial Guinea requests to join OPEC.“

Written by Ayman Ragab: Equatorial Guinea has applied to join the Organization of the Petroleum Exporting Countries (OPEC), according to Reuters on Sunday. Guinea stated…

Read More »
Economic analyses

Gradual recovery... Nigeria is regaining its oil-producing vitality | What's happening?

Nigerian crude oil production rose in March to 1.38 million barrels per day, compared to 1.31 million barrels per day in…

Read More »
Back to top button