If Angola is to achieve the sustainable future it desires, it has to look beyond its oil and towards its sun and soil. In ...

In the contemporary geopolitical landscape, Africa has emerged as a focal point for major world powers, particularly with the ...

Angola, Sub-Saharan Africa’s second-largest oil producer, is solidifying its status as a major oil and gas player through a diversified investment strategy. What: At the African Energy Week 2024 ...

The announcement was done by Oil minister Diamantino de Azevedo. Apparently Angola and Nigeria clashed with the other cartel members before the latest meeting regarding their oil production quotas.

As Angola in desperate financial straits due to falling oil prices and a debt-to-GDP ratio of 84% at the end of 2023 navigates this intricate landscape, it stands at a crossroads, with the ...

Angola is no exception. Italian oil and gas company Eni, which has an equity production of 145,000 barrels of oil equivalent per day in the country, has signed a concession agreement with the ...

Angola has announced it is leaving the oil producers' organisation Opec over a dispute on output quotas. It follows last month's decision by the 13-member cartel and 10 allied nations to further ...

SINGAPORE (Reuters): Oil prices eased on Friday night ahead of the long Christmas holiday weekend on expectations Angola could increase output after leaving OPEC, but rose for the week on positive ...

NEW YORK: Oil prices settled lower on Thursday after Angola said it would exit the Organisation of the Petroleum Exporting Countries (Opec), raising questions about the producer group's efforts to ...