Financing Angola’s Energy Future: Banco BCS, BODIVA, AFC and Partners Showcase Funding Solutions for Local Companies Banco BCS-sponsored panel at the Angola Oil & Gas 2025 Conference and Exhibition shed light on the vital role of financing in unlocking opportunities for Angola’s local oil and gas companies. As Angola works to reverse declining oil production and increase the participation of indigenous service providers, the financial sector is stepping up to provide the tools and capital
Angola Block 33/24 Development Agreement Signed by ANPG, Shell, Chevron at AOG 2025 An agreement to advance development activities at Angola’s Block 33/24 was signed during the Angola Oil & Gas Conference and Exhibition (AOG 2025), held from September 3-4 in Luanda. The deal was formalized by Angola’s upstream regulator, the National Oil, Gas & Biofuels Agency (ANPG), alongside national oil company Sonangol and international energy majors Shell and Chevron. Block 33 is located in
Angola Oil & Gas 2025 Highlights Natural Gas, Refining Expansion, and $60 Billion Investment Portfolio Oil and gas continue to drive Angola’s economic development, taking center stage at Angola Oil & Gas (AOG) 2025, which kicks off Wednesday with more than 2,500 delegates from 40 countries. Luis Conde, Director of the event—the largest industry conference in Angola—expressed optimism about the country’s energy strategy, emphasizing that Angola remains attractive to investors despite volatile crude prices. “The
Catoca Celebrates 30 Years with Expo in Luanda Showcasing Innovation and Sustainability in Angola’s Diamond Sector From August 26 to 28, Luanda will host Expo Catoca, an event dedicated to celebrating the 30th anniversary of Catoca, Angola’s leading diamond mining company and operator of the world’s fourth-largest open-pit diamond mine. Held under the slogan “Here, where diamonds meet the community”, the expo will serve as a platform for reflection, knowledge-sharing, and showcasing the company’s most
Angola Oil and Gas 2025 to Break Records with Presidential Opening and Global Energy CEOs President João Lourenço will officially open the 6th edition of Angola Oil & Gas (AOG) 2025, scheduled to take place on September 3rd and 4th in Luanda. This year’s conference marks a milestone, coinciding with Angola’s 50th anniversary of independence, and is set to be the largest and most internationally attended edition since the event’s inception. According to a press
The African Energy Chamber (AEC), the voice of the African energy sector, urges OPEC member states and their allies to take decisive action to reverse global bans on fossil fuel financing and champion Africa’s right to develop its oil and gas resources. As the 9th OPEC International Seminar convened on Tuesday in Vienna, the Chamber reiterated that it is time to urgently put upstream financing back on the table and push back against policies that
Libya hosted a high-level promotional forum in Istanbul to attract international investors to its latest bid round for oil and gas exploration and production. The event showcased 22 blocks—11 onshore and 11 offshore—covering a vast area of 235,267 km². The Istanbul roadshow follows similar investor engagement events held earlier in Houston and London, after the official launch of the bid round on March 3. Libya is offering the blocks under improved Production Sharing Agreements (PSAs),
Angolan authorities are meeting today to discuss preparations for the United States-Africa Summit 2025. The objective is to strengthen collaboration among stakeholders and establish guidelines for the event, which will be held in Angola. The Angolan Agency for Investment and Export Promotion (APIEX) is leading the initiative, bringing together over 120 key figures, including government officials, CEOs, and representatives from various NGOs, at a hotel in the nation’s capital. The program will begin at 4
Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, reaffirmed the country’s strong investment potential, highlighting its geological wealth, infrastructure, and modern laboratories. Speaking at Mining Indaba 2025 in Cape Town, South Africa, Azevedo emphasized Angola’s stability and investor-friendly mining legislation. Azevedo stated that Angola had all the necessary conditions for investors, citing a major geological data acquisition program conducted in previous years. He underscored the government’s efforts to attract responsible and sustainable mining
The Angola Oil & Gas (AOG) Conference and Exhibition 2025 will officially launch with an exclusive reception event on January 28, 2025, at Lookal Beach Club in Luanda from 18:00 to 21:00. This event marks the beginning of preparations for the 6th edition of Angola’s premier oil and gas conference, scheduled for September 2025. AOG continues to serve as the cornerstone of Angola’s oil and gas sector, fostering investment opportunities, facilitating partnerships, and advancing key
