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Local Corporate News Oil

ExxonMobil Advances Block 15 Redevelopment to Extend Angola Oil Output

ExxonMobil Awards Major Subsea Contract to Boost Production and Extend Life of Angola’s Block 15 Oil Field Angola’s Block 15, one of the country’s largest offshore oil-producing assets, is entering a new phase of redevelopment as ExxonMobil moves to extend the field’s operational lifespan and sustain production levels. The U.S. energy company has awarded an engineering, procurement, construction, and installation (EPCI) contract to the Subsea Integration Alliance (SIA) for the Redevelopment 2.0 Likembe project. The

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Local News Oil

Angola Launches Cabinda Refinery to Boost Domestic Fuel Supply and Exports

Angola’s First New Refinery in 50 Years Starts Output in Cabinda, Reducing Fuel Imports and Strengthening Energy Security Angola’s Cabinda refinery, the country’s first new refinery since independence from Portugal 50 years ago, has officially begun supplying fuel to both domestic and international markets. The launch comes at a time of heightened global fuel supply concerns linked to geopolitical tensions in the Middle East. Before the Cabinda facility, Angola relied on a single refinery located

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Corporate News Local Oil

Angola’s Cabinda Refinery Begins Fuel Supply as Country Expands Energy Security Strategy

Angola’s New Cabinda Refinery Starts Fuel Production, Reducing Dependence on Imports Angola’s newly commissioned Cabinda oil refinery, the first refinery built in the country since independence from Portugal 50 years ago, has officially begun supplying refined fuel products to both domestic and international markets. The development comes at a time of heightened global fuel supply concerns linked to ongoing geopolitical tensions involving Iran and the broader Middle East region. Before the launch of the Cabinda

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Local News Renewable Energy

Luau Solar Park Strengthens Angola’s Energy Future and Lobito Corridor Development

Angola Inaugurates Luau Solar Park to Boost Clean Energy, Rural Electrification, and Lobito Corridor Growth The Angolan government has described the newly inaugurated Luau Photovoltaic Solar Park as a strategic asset for both national electrification and the development of the Lobito Corridor, emphasizing its role in driving progress, inclusion, and sustainable growth. Speaking at the inauguration ceremony, Minister of Energy and Water João Baptista Borges highlighted the significance of the project, calling it a transformative

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Local News Renewable Energy

Angola Accelerates Renewable Energy Transition with Luau Solar Park

Angola Expands Clean Energy Mix with Luau Solar Park, Powering 20,000+ Homes The MCA Group has praised the Angolan government’s strategy of investing in renewable and environmentally friendly energy, highlighting that ongoing and completed projects demonstrate a clear commitment to a sustainable energy transition. Elisabete Alves, Chair of MCA Angola, described the approach as forward-looking and effective, noting that the government is developing a balanced energy mix by maximizing the country’s hydroelectric and solar potential.

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Renewable Energy Local News

Angola Expands Solar Power Programme, Cuts Fuel Costs and Boosts Energy Access

Angola Saves 200 Billion Kwanzas Annually as Solar Projects Replace Diesel Power Plants Angola is significantly reducing energy costs and fuel consumption through the expansion of solar power projects, with annual savings estimated at around 200 billion kwanzas, according to PRODEL. José Salles, Director of Projects at PRODEL, said the transition from diesel-fired thermal plants to photovoltaic (solar) facilities is delivering substantial economic and environmental benefits. He noted that the shift is cutting fuel consumption

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Local Economy Newsletter

Angola and Zambia Reaffirm Security and Economic Cooperation at Joint Defence and Security Meeting

Angola, Zambia Strengthen Defence and Trade Cooperation, Advance Lobito Corridor and Border Infrastructure Plans The Republic of Angola has reaffirmed its commitment to strengthening bilateral relations with Zambia, with a focus on regional stability, good neighbourliness, and expanded strategic cooperation. The position was outlined during the official opening of the Ministerial Meeting of the 34th Angola–Zambia Joint Permanent Commission on Defence and Security held in Luanda. Angola’s Minister of Foreign Affairs, Téte António, said Angola’s

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Oil Gas Local News

Pertamina Explores Upstream Oil and Gas Opportunities in Angola Amid Expanding African Strategy

Indonesia’s Pertamina Eyes Angola Oil and Gas Investment as Domestic Reserves Near Decline A senior delegation from Indonesia’s state-owned oil company, PT Pertamina, has met with Angola’s National Petroleum, Gas and Biofuels Agency (ANPG) in Luanda to explore potential upstream oil and gas investment opportunities in the country. The discussions focused on possible entry into Angola’s exploration and production sector, as Pertamina seeks to secure new international reserves amid long-term concerns over declining domestic output.

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Local News Renewable Energy

Angola Inaugurates Luau Solar Park to Expand Rural Electrification in Moxico

Angola Launches 31.85MW Luau Solar Park to Power 20,000 Homes and Expand National Electrification Angola’s President João Lourenço has inaugurated the Luau Photovoltaic Solar Park in Moxico Province, a major renewable energy project aimed at expanding electricity access in eastern Angola. The facility features 54,912 solar panels and is expected to supply power to more than 20,500 households, benefiting around 94,000 people. It has an installed capacity of 31.85 megawatts and 79 megawatt-hours of battery

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Local News Oil

Botswana Eyes Partnership in Angola’s Lobito Refinery as Regional Energy Cooperation Deepens

Botswana in Talks to Join Angola’s $6.2B Lobito Refinery Project to Boost African Fuel Production Capacity Botswana is exploring a potential partnership with Angola to participate in the Lobito Refinery project in Benguela Province, signaling growing regional interest in one of Southern Africa’s largest energy infrastructure developments. Botswana’s Minister of Mineral Resources and Energy, Bogolo Kenewendo, said the refinery is not only important for Angola but also for the wider region and the African continent.

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