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Category: Energy

Energy International

Berkeley Energy invests $1.5 billion

The international company specializing in renewable energy projects, Berkeley Energy, has already invested US$1.5 billion in the construction of hydro, wind and biomass photovoltaic plants in various locations across the country. The information was provided by the executive director of Berkeley Energy, Luka Buljan, at the International Conference on Renewable Energy, held recently in Luanda, under the aegis of the Ministry of Energy and Water, in partnership with the Lusófona and Angolan associations of Renewable

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Energy

Sonangol decides to restart construction of the Lobito Refinery on its own

Sonangol decided to reactivate the construction of the Lobito Refinery on its own. The information was provided by the chairman of the Board of Directors (PCA) of the oil company, Sebastião Gaspar Martins, who informed that the answers they received in the public tender did not satisfy “what was the objective” of the company. “We are already doing preliminary work, in order to proceed with a series of works that were going to be and

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Energy

Zambian minister meets with Sonangol management

The Zambian Minister of Energy, Peter Chibwe Kapala, participates today in the inauguration of a gasoline production unit at the Luanda Refinery and has a working meeting at Sonangol’s headquarters, in the presence of the holder of the Mineral Resources portfolio, Oil and Gas, Diamantino Azevedo, refers to a note from the Ministry of Foreign Affairs (MIREX). Peter Kapala arrived last night in Luanda, for an official four-day visit to Angola. During the visit, he is

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Infrastructure Energy

João Lourenço signs a decree that finances a loan of 1.5 billion to Caculo Cabaça

The Government approved financing agreements worth more than two billion euros for water supply infrastructure, hydroelectric use and projects in the field of agriculture. The largest financing agreement, in the amount of 1,519 million euros, refers to the implementation of the Caculo Cabaça hydroelectric plant, according to presidential orders signed by João Lourenço and consulted by Lusa. A loan of 1,380 million euros is planned from a banking consortium comprising the banks Unicredit and Commerzbank,

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Energy International

Sonangol wants to produce green hydrogen by 2024

State oil company Sonangol has signed a memorandum of understanding with German companies Gauff and Conjucta for the production of green hydrogen, starting in 2024. According to a press release from Sonangol, the agreement follows technical and economic feasibility studies, previously carried out, for the financing, construction and operation of a plant for the production of green hydrogen and derived products, in Angola. The objective is to commercialize the product on the local and international

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Energy International Oil

Oxford Economics predicts first rise since 2015 with production of 1.18 million barrels of oil

The consultancy Oxford Economics has revised the forecast of oil production in Angola, anticipating that the country will be able to pump 1.18 million barrels a day this year, increasing production for the first time since 2015. “We expect oil production in Angola to rise to 1.18 million barrels per day in 2022, up from 1.13 million barrels in 2021, but the balance of risks is negatively unbalanced due to the possibility of further technical

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Energy Renewable Energy

Conference analyzes energy in Angola today

The Lusophone Association of Renewable Energy (ALER) today, in Luanda, presents the national report at the International Conference on Renewable Energy in Angola, a meeting scheduled to end tomorrow. The event is organized by ALER and the Angola-na Association of Renewable Energy (ASAER), in partnership with the Ministry of Energy and Water, taking place at the   António Agostinho Neto Memorial with the participation of 300 institutional and business representatives as well as experts. linked to the

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Energy Economy International

Afreximbank, African Petroleum Producers Organization (APPO) Launch African Energy Bank in Angola

In response to the coordinated withdrawal of international trade and project financing from Africa’s oil and gas industry, Afreximbank and APPO have signed an agreement for the creation of an African Energy Transition Bank The African Export-Import Bank (Afreximbank) and the African Petroleum Producers Organization (APPO), who have had a long, mutually beneficial relationship, have signed an agreement for the joint establishment of an African Energy Bank (www.EnergyChamber.org) at the 8th African Petroleum Congress and Exhibition

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International Energy

Sonangol wants to produce green hydrogen by 2024

State oil company Sonangol has signed a memorandum of understanding with German companies Gauff and Conjucta for the production of green hydrogen, starting in 2024. According to a press release from Sonangol, the agreement follows technical and economic feasibility studies, previously carried out, for the financing, construction and operation of a plant for the production of green hydrogen and derived products, in Angola. The objective is to commercialize the product on the local and international

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International Energy

Government collected more than 900 million dollars in taxes in 2021 with the Angola LNG project

Last year, the Government collected more than 900 million dollars in taxes with the Angola LNG (Liquefied Natural Gas) project, the Secretary of State for Oil and Gas said this Thursday. José Barroso, who was speaking in parliament during the presentation of the bill authorizing the President of the Republic to legislate on changes to the tax regime for the Angola LNG project, said that the State is concerned with guaranteeing income in the process

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