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Global Oil Output Adjustment

The organization of Petroleum Exporting Countries (OPEC) and Non-OPEC ministerial meeting (ONOMM) have agreed to adjust upward, the monthly overall production by 0.4 mb/d for the month of October 2021. The organization at it’s 20th OPEC and Non -OPEC Ministerial Meeting (ONOMM), held online, on Wednesday, September 1st, noted that, ‘while the effects of the

OPEC Member Urges Oil Producers to Focus More on Renewable Energy

The finance minister of Iraq, one of the founding members of the global oil cartel Opec, has made an unprecedented call to fellow oil producers to move away from fossil fuel dependency and into renewable energy, ahead of a key Opec meeting. Ali Allawi, who is also the deputy prime minister of Iraq, has written

Harbour Energy Awards Subsea Drilling Contracts to Maersk.

Maersk Drilling has been awarded a contract with Harbour Energy for the jack-up rig, to drill three subsea development wells in Block 28/9 on the UK Continental Shelf.  The contract is expected to commence in December 2021. “We’re excited to secure this contract with Harbour Energy which will see Mærsk Innovator go back to work

Taliban affirms Gas pipeline as priority project for Turkmenistan.

Turkmenistan hopes to quickly build stronger economic ties to Afghanistan now that it has fallen into the hands of the Taliban, with authorities in China, Russia and Pakistan providing political support for the country’s new leadership. Taliban spokesperson Suhail Shaheen highlighted the Turkmenistan – Afghanistan – Pakistan – India (Tapi) gas pipeline and a proposed

Using African Gas For Africa First

by NJ Ayuk JD/MBA A private sector initiative called LNG2Africa is addressing one of the continent’s biggest lost opportunities, turning LNG into an African asset. 2018 is turning out to be a bold new year. We are witnessing changes to the African energy market that are both welcome and long-awaited for. We spoke before of