By Irina Slav Mexico’s state oil company Pemex said it produced an average 1.76 million bpd of crude in October, down 7 percent from October last year, Reuters reports, citing data released by the company. This is also one of the lowest monthly production rates since 1990 when records began. The decline was attributed to…
Qatar is to leave OPEC next month, the Gulf state’s new energy minister, Saad al-Kaabi, announced on Monday. “Qatar has decided to withdraw its membership from OPEC effective January 2019,” Kaabi said at a Doha press conference. He added that OPEC was told of the decision on Monday ahead of the announcement.
Damilola Shittu – Abuja The Shell Petroleum Development Company of Nigeria Limited and its joint partners have signed a gas supply and aggregation agreement that will support the 140-megawatts Aba Integrated Power Project in Abia State. The agreement, which is between the SPDC, Geometric Power Aba Limited, and Gas Aggregation Company of Nigeria, was signed…
Zambia is seeking proposals from potential developers of solar power projects with a combined 200 megawatt (MW) capacity as it tries to diversify its energy mix away from hydroelectric power. Energy Minister Matthew Nkhuwa said in a statement at an investment conference on Tuesday that the 200 MW would be split into small projects, each…
