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Local News Renewable Energy

Angola Nears Renewable Energy Target as Clean Sources Supply 70% of National Electricity Demand

Renewable Energy Powers 70% of Angola’s Electricity Consumption, Government Says Renewable energy sources currently account for approximately 70 percent of Angola’s electricity consumption, with hydropower contributing more than 60 percent of the country’s energy mix, Minister of State for Economic Coordination José de Lima Massano announced on Thursday in Luanda. Massano made the remarks during the opening session of the 2nd International Conference on Energy and Water, which runs until Friday in the Angolan capital.

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Local Energy News

Angola and DRC Strengthen Energy Partnership Through Major Cross-Border Power Project

Angola and DRC Plan 1,450km Power Transmission Network to Deliver Over 2,000MW of Electricity Angola and the Democratic Republic of Congo (DRC) are set to deepen their energy cooperation through the development of two major electricity transmission lines spanning more than 1,400 kilometers, according to DRC Minister of Water Resources and Electricity, Teddy Molendo Sakombi. Speaking in Luanda on Thursday after meeting Angolan President João Lourenço, Sakombi revealed plans for two cross-border power transmission projects.

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Local Corporate News Economy Oil

BP to Invest $5 Billion in Angola’s Oil Sector Through Major Peace Project Expansion

BP Plans $5 Billion Investment to Boost Oil Production in Angola Through Peace Project British energy giant BP is planning to invest approximately US$5 billion in Angola’s oil sector through the development of the “Peace Project,” a major initiative expected to increase the country’s oil production capacity. The planned investment was one of the key topics discussed during a meeting between Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, and BP executives at

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Local Gas News Oil

Angola and Algeria Deepen Cooperation in Oil, Gas and Mineral Resources

Angola and Algeria Strengthen Energy and Mining Cooperation Following João Lourenço’s State Visit Angola and Algeria are advancing bilateral cooperation in the oil, gas and mineral resources sectors following high-level discussions between Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, and Algerian Ambassador to Angola, Mounir Bourouba. The meeting, held on Monday at Angola’s Ministry of Mineral Resources, Petroleum and Gas (MIREMPET), focused on the implementation of agreements signed during President João Lourenço’s

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Local News Renewable Energy

Angola Inaugurates Luau Solar Park to Power Rural Communities and Strengthen Lobito Corridor

Angola Launches Luau Solar Park to Electrify 20,000 Homes and Boost Lobito Corridor Development The Angolan government has described the newly inaugurated Luau Photovoltaic Solar Park as a strategic infrastructure project that will strengthen the Lobito Corridor while advancing rural electrification, sustainable development and economic inclusion. The solar park, inaugurated on Monday by President João Lourenço in Luau municipality, Moxico Leste Province, forms part of Angola’s broader effort to expand access to clean energy and

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Local Corporate News Oil

Angola Approves 17-Year Extension for TotalEnergies to Develop Block 32 Offshore Assets

TotalEnergies Extends Angola Block 32 Production Agreement to 2043 Under New Investment Framework TotalEnergies has secured a long-term extension to continue developing Angola’s Block 32 offshore oil assets through 2043, adding 17 years of additional production and investment activity in one of the country’s key deepwater regions. The agreement was confirmed by Angola’s National Agency for Oil, Gas, and Biofuels (ANPG) following the signing of a framework deal in Luanda after negotiations that continued through

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Corporate News Local Oil

Afentra Advances Angola Oil Exploration Plans with 2027 Production Target for Offshore Block 3/24

Afentra Maintains Angola Growth Strategy After Sale Talks End Afentra is continuing its oil exploration activities in Angola after ending discussions with potential buyers earlier this month, according to CEO Paul McDade. McDade said the company’s outlook is being supported by stronger oil prices, driven in part by geopolitical tensions involving Iran and disruptions affecting shipping routes through the Strait of Hormuz. He noted that these market conditions reinforce Afentra’s development plans in Angola, one

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Local Gold News

Angola Gold Mine Landslide Leaves 28 Dead as Illegal Mining Crisis Deepens in Bengo Province

Angola Landslide Kills at Least 28 at Illegal Gold Mine, Exposing Rising Risks in Informal Mining Sector At least 28 people have died following a devastating landslide at an illegal gold mining site in Bengo Province, northwest of Angola’s capital Luanda, highlighting the growing dangers linked to the country’s expanding informal mining sector. The collapse occurred at an unregulated mining site where artisanal miners were extracting gold when the ground gave way. Provincial civil protection

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Local Expos & Events Oil

Angola Showcases Oil Investment Opportunities at Africa Energies Summit 2026 in London

Angola Strengthens Its Position as a Leading Oil Investment Destination at Africa Energies Summit 2026 ANPG reaffirmed Angola’s growing influence on the global energy stage during the Africa Energies Summit 2026 held in London. The event provided Angola with an important platform to strengthen its image as one of Africa’s most attractive destinations for oil and gas investment. During the summit, ANPG promoted Angola’s energy potential to leading international oil and gas companies, highlighting the

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Corporate News Local Oil

João Lourenço Defends Angola’s Exit from OPEC and Lobito Refinery Investment

Angolan President João Lourenço Says OPEC Exit and Lobito Refinery Strategy Were Vindicated by Middle East Crisis Angolan President João Lourenço said on Wednesday that the ongoing conflict in the Middle East has reinforced the correctness of Angola’s decision to withdraw from the Organization of the Petroleum Exporting Countries (OPEC) and resume construction of the Lobito refinery. The head of state made the remarks while answering journalists’ questions at the Presidential Palace in Luanda, following

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