January 1, 2024 – Angola leaves OPEC. Oil minister Diamantino Azevedo said earlier that membership was not serving Angola’s interests.

Recall that Nigeria and Angola are expected to drive Africa ... production rose 70,000 barrels per day above its assigned OPEC quota in February 2025. The development was due to increased ...

Angola's public prosecutor accuses Isabel Dos Santos, the former president's daughter, of 12 crimes. It comes after Opec's decision to further slash oil production in 2024 to prop up volatile ...

Excluding Iraq, which does not participate in OPEC output accords, the ten members with output quotas produced an average 26.03 million bpd, down 120,000 bpd from January's 26.15 million bpd.