Happy Thursday!
Did anyone
happen to read the Oil & Gas Journal’s Daily Update Newsletter on November
30, 2023, their article titled, “Brazil to become member of OPEC+ coalition”? In the article, it goes on to speak about the
Brazilian Energy Minister, Alexandre Silveira de Oliveira stated during an
OPEC+ meeting on November 30, 2023, his country will be joining them in January
2024. Brazil’s President, Lula da Silva has
agreed to join. Cooperation Charter documents
were given to the Brazilian Energy Minister for his country to review and sign.
Another agreement during the meeting
today was OPEC+ would continue production cuts into 2024 due to the prices
being down in oil. The next OPEC and
non-OPEX Ministerial Meeting is scheduled for June 1, 2024, in Vienna. If you would like to read more of the Oil
& Gas Journal’s article, please click the link: Brazil
to become member of OPEC+ coalition | Oil & Gas Journal (ogj.com).
If you would
like to read the details of the additional
production cuts from OPEC+ for the first quarter of 2024 from the Oil and Gas Journal, please click the
link: OPEC+
agrees to oil production cut | Oil & Gas Journal (ogj.com).
If you would
like help in looking into how to transport your product efficiently, safely, and
with less of a carbon footprint or just find out what is underneath your feet
to help with your emission reduction goals, contact us via email in the blog
and check out our ESC's website!
We hope you have a wonderful evening and a great rest of
your week! Try and keep dry!
**Disclaimer: You may be charged a fee to read The Oil
and Gas Journal’s article. **