Angola Declines OPEC 2024 Production Quota
Angola to produce over 1,1180,000 barrels of crude oil per day in 2024 to boost its economic growth following declining OPEC’s proposed production cuts.
News
Read the latest Archives of oil, gas and energy news.
AFC Grants $60M Loan for Etu Energias Acquisition Offshore Angola
The move aligns with AFC’s mission to drive local participation in Africa’s energy sector, with Etu Energias serving as the largest indigenous independent in Angola.
Angola: Ivanhoe Mines Gains Mining Exploration Rights
Ivanhoe Mines has signed a mining investment contract for copper exploration in Angola’s Moxico and Cuando Cubango provinces.
Angola Kickstarts Production at Largest Diamond Mine
The Luele Diamond Mine will boost Angola’s diamond production and revenue generation from the mining sector.
Angola Secures 53 Bids in Latest Onshore Tender
Angola saw high interest by E&P investors in the 12-block onshore licensing round.
Angola
Angolan Economy Predicted to Grow by 3% in 2024
Enhanced macroeconomic stability and the adoption of prudent monetary measures will see continued economic growth in Angola, says the International Monetary Fund.
Afentra Granted Approval to Acquire Angolan Blocks 3/05 and 23
Having received approval, the agreement is scheduled for completion by the end of 2023.
Angola
Moroccan Airliner Resumes Flights to Angola
Royal Air Maroc is set to resume flights to Luanda, Angola.
Angola
Angola: SGS to Accelerate Investment in Mining and Agri Sectors
Swiss multinational SGS plans to expand and diversify its presence in Angola, targeting new investments in mining and agriculture.
Angola
Angola to Inaugurate New International Airport
The Agostinho Neto International Airport is set to catalyze economic growth in the southern African country by enhancing local connectivity and fostering stronger ties with regional and international markets.
