Core Viewpoint - OPEC+ is conducting a comprehensive audit of its members' oil production capabilities, with updates set to take effect in 2027, in response to the need for more realistic output quotas amid shifting global oil markets [2][4]. Group 1: Audit Methodology and Implementation - The audit, initiated in May, aims to align output quotas with actual production capabilities, utilizing Dallas-based DeGolyer and MacNaughton Corp. for most of the work [2][4]. - The definition of "maximum sustainable capacity" will be based on output achievable within 90 days and maintainable for a year [6]. Group 2: Member-Specific Considerations - Some OPEC+ members, such as the United Arab Emirates and Iraq, have increased their production capacity, while others are facing declines [3]. - Iran has chosen to use the average of its production in August, September, and October as its baseline for the audit [5]. Group 3: Market Context and Implications - The global oil market is experiencing a shift towards oversupply, which may lead OPEC+ to consider new production cutbacks next year [4]. - More realistic quotas resulting from the audit could enhance the credibility of potential production curbs [4]. Group 4: Historical Context and Challenges - The audit process has previously caused friction within OPEC+, exemplified by Angola's departure from the group following a review in 2023 [7]. - Historical practices of applying pro-rata changes to output targets have led to discrepancies between quotas and actual production capabilities [7][8].

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OPEC+ will stick with plans to pause production increases during the first quarter, delegates said, amid growing signs of a surplus in global oil markets.Key members led by Saudi Arabia confirmed the three-month supply pause — first announced at the start of this month — during a video conference on Sunday, according to the delegates, who asked not to be identified as the talks are private.While the hiatus indicates some caution by the Organization of the Petroleum Exporting Countries and its partners after ...

Core Points - OPEC+ countries have agreed to maintain oil output quotas for 2026 and established a mechanism to assess members' maximum oil production capacity [1][4] - Eight OPEC+ countries have reached an agreement to pause output hikes for the first quarter of 2026, coinciding with ongoing U.S. efforts for a Russia-Ukraine peace deal [2][3] - The group currently has over 3 million barrels per day (bpd) of output cuts in place, which represents approximately 3% of global demand [3][4] Production Capacity and Quotas - OPEC+ has paused oil output hikes after releasing about 2.9 million bpd into the market since April 2025 [3][4] - The approved mechanism for assessing maximum production capacity will be used for setting output quotas starting in 2027, a topic that has been challenging due to differing capacities among member countries [4][5] - Some members, like the United Arab Emirates, have increased capacity and seek higher quotas, while others, particularly African nations, have seen declines in production capacity but resist quota cuts [4][5]

Core Viewpoint - OPEC+ is expected to maintain oil output levels for the first quarter of 2026, reflecting a cautious approach to market dynamics amid concerns of a potential supply glut [1] Group 1 - OPEC+ meetings are scheduled for Sunday, where the decision on oil output levels will be discussed [1] - Delegates indicate a moderation in efforts to regain market share, suggesting a strategic pause in production increases [1] - The decision comes in light of fears regarding an impending oversupply in the oil market [1]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting competent advisors before making any financial decisions, particularly in the context of investments and trading [1]. Group 1 - The website provides general news, personal analysis, and third-party content intended for educational and research purposes [1]. - It explicitly states that the information does not constitute any recommendation or advice for investment actions [1]. - Users are advised to consider their financial situation and needs before relying on the information provided [1]. Group 2 - The website includes information about complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1]. - It encourages users to perform their own research and understand the risks involved before making investment decisions [1].

Core Points - Petrobras is hosting a webcast to discuss its new business plan for the period 2026-2030 [1] - The event includes simultaneous translation into English, indicating a focus on international investors [1] - Key executives present include the President of Petrobras and the Executive Director of Energy Transition and Sustainability [2]

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Core Insights - Atlantic Petroleum reported its Q3 2025 results, highlighting a net loss of DKK 2.1 million and an operating loss of DKK 3.3 million [2] - The company is undergoing a debt restructuring process aimed at reducing its debt by at least DKK 90 million, with progress being made towards finalizing the agreement [2][3] - The company's net assets/shareholders equity stands at DKK -114.5 million, and it has bank debt amounting to DKK 59.4 million [2] Financial Performance - General and administrative (G&A) costs for Q3 2025 were reported at DKK 0.6 million [2] - The operating loss for the quarter was DKK 3.3 million, indicating ongoing financial challenges [2] - The net loss for the quarter was DKK 2.1 million, reflecting the company's current operational difficulties [2] Debt Restructuring - An agreement was reached with main creditors on April 4, 2025, to reduce the company's debt by at least DKK 90 million [2] - The successful completion of the restructuring is critical for the company's ability to continue as a going concern [3] Company Overview - Atlantic Petroleum is involved in oil and gas joint ventures with reputable international partners and is based in Tórshavn, Faroe Islands [4] - The company has subsidiaries and offices in the UK and is listed on NASDAQ OMX Copenhagen [4]

 November 28, 2025 – TheNewswire - Vancouver, British Columbia – Oregen Energy Corp (CSE: ORNG) (FSE: A1S0) (“Oregen” or the “Company”) wishes to announce that it has granted a total of 900,000 restricted share units (the “RSUs”) to a director and officer of the Company. The RSUs will expire on December 31, 2028.   About Oregen Energy Corp. Oregen is an investment company primarily focused on oil and gas assets in Africa. The Company is actively exploring other investment opportunities in the Orange and su ...