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Local News Oil

Angola Invites Gabon to Invest in Lobito Refinery Project

12, May, 202612, May, 2026

Angola Seeks Gabon’s Investment in $200,000-Barrel-Per-Day Lobito Refinery to Boost Regional Fuel Supply Angola has invited Gabon to participate as an investor in the Lobito Refinery project, currently under construction and fully financed by the state oil company Sonangol. The invitation was extended by Angola’s Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, during a visit by Gabonese President Brice Clotaire Oligui Nguema to the Luanda Refinery on the second day of his two-day

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Corporate News Local Oil

ANPG and Etu Energias Complete Successful Espadarte 7ST2 Well in Angola’s Block 2/05

12, May, 202612, May, 2026

Angola’s Block 2/05 Boosted as ANPG and Etu Energias Confirm Successful Espadarte 7ST2 Well Completion and Strong Oil Output The National Agency for Petroleum, Gas and Biofuels (ANPG), in partnership with Etu Energias and other stakeholders of Block 2/05, has announced the safe and successful completion of drilling, completion, and testing operations of the Espadarte 7ST2 (ESP 7ST2) well, located in the Lower Congo Basin, Angola. According to a statement from Etu Energias accessed by

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Local News Transport and Logistics

Angola–EU Business Forum Targets Major Investment Push for Lobito Corridor Development

12, May, 202612, May, 2026

Angola-EU Business Forum 2026 Focuses on Mobilizing Investment for Lobito Corridor Infrastructure, Trade, and Energy Growth The 3rd Angola–European Union (EU) Business Forum opened on Tuesday in Luanda, with a strong focus on attracting European investment to accelerate the development of the Lobito Corridor across key sectors including agribusiness, transport, logistics, and energy. Held under the theme “From Dialogue to Concrete Investment,” the forum forms part of broader efforts to strengthen economic cooperation and advance

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Local Corporate News Oil

ExxonMobil Advances Block 15 Redevelopment to Extend Angola Oil Output

12, May, 202612, May, 2026

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

12, May, 202612, May, 2026

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

10, May, 202610, May, 2026

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

6, May, 20266, May, 2026

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

6, May, 20266, May, 2026

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

5, May, 20265, May, 2026

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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