News

Angola's Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, announced that Angola would withdraw from the Organization of the Petroleum Exporting Countries (OPEC).

NOE, as an outstanding enterprise in the industry and an important strategic partner, was invited to attend the meeting, and NOE and COSL jointly signed a long-term strategic cooperation agreement.

The North Sea Transitional Authority recently announced that it has approved the development plan for the Rosbank oilfield located in the Shetland Islands of Scotland.

Iraq's oil exports to Europe have significantly increased, reaching approximately $11 billion by the end of August.

Abu Dhabi National Oil Corporation (ADNOC) and American oil company Occidental have agreed to cooperate on carbon dioxide capture and storage (CCS) in the United Arab Emirates (UAE) and the United States.