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IEA: Non-OPEC+ production growth bolstered by new offshore capacity

Oil & Gas
November 18, 2024

Offshore conventional projects are projected to contribute nearly 700,000 b/d to the anticipated 1.5 million b/d rise in non-OPEC+ production in 2025, according to IEA forecasts.

Oil & Gas
August 6, 2026

Angola Confirms New Offshore Oil and Gas Reserves With Katambi-2 Well

Angola’s state-owned oil firm Sonangol and its partner in an exploration block offshore Angola, ANPG, successfully drilled an appraisal well that showed good reservoir potential for both oil and gas…

Oil & Gas
August 6, 2026

Gulf Shipping Grinds to a Halt Following Houthi Missile Claim

Vessel traffic at the Strait of Hormuz and the Bab el-Mandeb Strait crumbled on Wednesday from the previous day amid a Houthi claim they have hit a Saudi oil tanker…