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Gas Local News Oil

2023 Angola Oil & Gas (AOG) Highlights Youth’s Vital Role in Future Oil & Gas

As the energy industry undergoes transformative changes, organizations, government bodies, and companies are actively advocating for enhanced participation of youth in the sector. Concluding the second day of the Angola Oil & Gas (AOG) 2023 conference, a panel of Angolan energy leaders emphasized the central role that youth play in transforming the dynamic energy sector, integrating innovation and technology that will be instrumental in creating a strong, resilient energy sector. Ahead of the panel, Abel

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Economy Local News

Exploring Market Advancements and Potential in Angola’s Gas Industry: Insights from Luanda Conference

The Angola represents a highly promising natural gas play with proven reserves measured at 11.5 trillion cubic feet. Untapped acreage, opportunities to tie into existing Liquefied Natural Gas (LNG) and power generation infrastructure, and strong partnership potential have further enhanced the market’s attractiveness. With the demand for African gas set to increase 155% by 2050, according to the Gas Exporting Countries Forum, several major players are accelerating efforts to unlock the full potential of Angola’s

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Energy Local News

Angola Oil and Gas(AOG)2023 Earns Carbon-Neutral Event Certification

The Angola Oil & Gas 2023 Conference & Exhibition (AOG 2023), organized by Energy Capital & Power, has achieved a significant milestone by receiving a prestigious carbon-free event certificate from AMBIPAR Environment Management. This accolade underscores AOG 2023’s commitment to environmental responsibility and sustainability. AMBIPAR’s carbon measurement system calculated emissions generated by the conference and bought carbon credits. With that credit money, they will plant trees in the Amazon. AOG 2023’s dedication to achieving carbon

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Economy Local News

Unlocking Downstream Potential: AOG 2023 Empowers Angolan Businesses

Angola’s downstream oil and gas sector is rapidly expanding as efforts to reduce reliance on imported petroleum drive new investments into large-scale infrastructure facilities. From transportation to storage, processing, and distribution, the industry has opened lucrative opportunities for local businesses and entrepreneurs. A panel discussion during the Angola Oil & Gas (AOG) 2023 Conference & Exhibition in Luanda, organized by Energy Capital & Power, explored such opportunities, with speakers drawing attention to the challenges faced

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Gas Local News Oil

Strategic Partnership: Ambipar and Kini Energias Join Forces to Foster Professional Growth in Luanda

The second day of the Angola Oil & Gas (AOG) 2023 conference and exhibition featured the signing of a partnership agreement between the environmental management company, Ambipar, and the energy company, Kini Energias. Signed by Rogério Calderaro, CEO of Ambipar, and Bráulio Brito, Managing Partner for Kini Energias, the services covered by the agreement will include the installation of an industrial unit for the assembly and testing of waste suction equipment and for the control

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Gas Local News Oil

Angola Marks 63rd Anniversary of OPEC with Commemorative Celebration

Angola commemorated the Organization of Petroleum Exporting Countries (OPEC) and renewed its commitment to market stability on the second day of the Angola Oil & Gas 2023 Conference & Exhibition, which coincided with the 63rd anniversary of the organization that was founded on September 14, 1960, in Baghdad. OPEC plays a crucial role in stabilizing the oil market, fostering coordination and unity among petroleum producers. Angola, an OPEC member since 2007, has benefited from OPEC’s

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Local News Oil

Announcing the Angola Oil and Gas (AOG) 2023 Award Recipients: Celebrating Excellence

Under the event’s broader theme of ‘Energy Security, Decarbonization and Sustainable Development,’ the AOG 2023 awards, which were announced on the first day of the event, sought to identify the companies pioneering the oil and gas industry in Angola. Local Company of the Year Award: Etu Energias Awarded to the most promising Angolan company, whose support and development of the local workforce and local exploration and production efforts continue to ensure the sector’s viability and

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Economy Local News Oil

Executive Calls for Oil Industry Collaboration to Drive Economic Diversification

The Minister of State for Economic Coordination, José de Lima Massano, expressed on Wednesday in Luanda the government’s commitment to provide all necessary support for the continuation of economic diversification efforts, with the participation of oil companies. José de Lima Massano, who was speaking at the opening of the 4th Annual Oil and Gas Sector Conference and Exhibition, stated that the government would not cease to make the necessary investments in natural resources, including petroleum

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Economy Local News Oil

Angola Aims to Sustain Oil Production at Over One Million Barrels per Day

The Minister of Mineral Resources, Petroleum, and Gas stated on Wednesday in Luanda that the current government’s focus is to keep oil production above one million barrels per day in the coming years. The biggest challenge in the upstream sector is the mitigation of the sharp decline in oil production,” emphasized the minister during his speech at the opening ceremony of the 4th International Conference and Exhibition “Angola oil & Gas 2023.” “Among the ongoing

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Economy Local News Oil

AIE Predicts ‘Significant Deficit’ in Oil Supply by Year’s End

The International Energy Agency (IEA) predicts a “significant deficit” in oil supply by the end of the year due to the decision of Saudi Arabia and Russia to maintain production cuts. In the monthly report on the oil market released today, the IEA warns of increased volatility risk by the end of the year due to the low level of reserves and confirms the forecast of global demand growth this year by 2.2 million barrels

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