Angola Archives - Page 6 of 6

27th July 2020

Nigeria/Saudi Arabia: Petroleum Ministers Discuss the Global Oil Market

The Minister of Petroleum of Nigeria, His Excellency Timipre Sylva and the Minister of Energy of the Kingdom of Saudi Arabia, His Royal Highness Prince Abdulaziz Bin Salman had a...

16th July 2020

AFRICAN OPEC MEMBER COUNTRIES OIL & GAS FIGURES FOR 2019

According to the 2020 OPEC Annual Statistical Bulletin, these are the Petroleum facts and figures for the African member countries for 2019. Kindly note that crude oil exports may include...

15th July 2020

OPEC Releases its Annual Statistical Bulletin for 2020

The 55th Annual Statistical Bulletin (ASB) of the Organisation of Petroleum Exporting Countries (OPEC) which highlights accurate data on the global oil and gas industry annually has been released. It...

13th July 2020

Angola: The ESEEP is set for 60% Electrification by 2025

The government of Angola is stepping up efforts to ensure 60% electrification by 2025. The Energy Sector Efficiency and Expansion Program (ESEEP) will create an interconnected national grid supplying north,...

9th July 2020

Namibia/Botswana: ReconAfrica Completes Technical Evaluation in the Kavango Basin

Reconnaissance Energy Africa (ReconAfrica) has announced the completion of a comprehensive subsurface evaluation delineating large scale, prospective conventional hydrocarbon-bearing structures in the entire Kavango Basin. ReconAfrica is a junior oil...

12th June 2020

Angola to Reduce Number of Cargoes Sent to China

The APPO and OPEC member country is reducing its oil exports to China. This comes after the OPEC+ production cuts agreement that went into effect in May, which has been extended...

2nd June 2020

Angola is Renegotiating Terms With Lenders – President João Manuel

Angola is reportedly renegotiating with its key lenders to reschedule its debt payments, after an interruption of about three months due to the COVID-19 pandemic and the global drop in...

28th May 2020

Angola Executes Farm-in Agreement with Melbana Energy

Sonangol Group (Grupo Sonangol), the state-owned company tasked with overseeing the affairs of petroleum and natural gas production in Angola, has executed a farm-in agreement with Australian oil and gas...

20th May 2020

COVID-19: An Opportunity for Angola’s Local Content Development Boost

The coronavirus pandemic is expected to provide an avenue for Angola's development of local content, which has been going on in the country for years. It is also believed that...