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OPEC Offers Support to African Oil Exploration Hot Spot Namibia
The Organization of Petroleum Exporting Countries pledged to help Namibia become a significant crude producer, widening a path for the southern African nation to join the cartel. “We are excited about the potential of the Namibia-OPEC partnership and stand ready to offer support at this crucial juncture,” OPEC Secretary-General Haitham Al Ghais said in a pre-recorded message broadcast at a conference in Windhoek, the capital. TotalEnergies SE, Shell Plc and Galp Energia SGPS SA have made multiple finds offshore Namibia in the past two years. The government has said it would consider joining the cartel if the ... (full story)