The National Company for Prospecting, Exploration, Lapidation and Marketing of Diamonds in Angola (ENDIAMA) will create a database on the country’s diamond production. Speaking to the press, on the sidelines of the opening of the workshop on Data Integration and Information on Diamond Projects in Angola, which takes place in Luanda, the chairman of the Board of Directors of ENDIAMA, Ganga Júnior, said that the process is already underway, and will be implemented through the
An exclusive report produced for Africa Oil Week reveals the future of Angola’s oil and gas journey Africa Oil Week (www.Africa-OilWeek.com) has partnered with leading market intelligence firm, Welligence, to create an exclusive report looking into the future of Angola’s oil and gas industry. Produced in partnership with our Data and Analytics Partner, Welligence, it provides key insights into Angola’s long journey to being one of the largest oil producers in Sub-Sahara. Africa Oil Week
The African Energy Chamber renames the African Energy Lifetime Achievement Award to Mohammed S. Barkindo Lifetime Achievement Award in celebration of the late OPEC Secretary General’s dedication in driving socioeconomic developments through energy industrial growth. In honor of the late H.E. Muhammad Sansui Barkindo – oil industry veteran and former Secretary General of the Organization of Petroleum Exporting Countries (OPEC) – the African Energy Chamber (AEC) – the voice of the African energy sector –
Brent oil a benchmark for Angola’s exports, for delivery in November opened up 4.14 percent, to around US$3.69, to US$92.84, in the session. At the close (Friday) it accumulated a weekly loss of 0.19 percent. WTI oil for October advanced 3.89 percent to $3.25 in the session, at $86.79 a barrel, but had a slight drop of 0.09 percent for the week. Against this backdrop, crude oil futures closed up about 4 percent on Friday,
Golar LNG will be coming to Cape Town to shape high-level discussions around how Africa can improve infrastructure for gas production, processing and transportation as a bronze sponsor at AEW 2022 Liquefied natural gas (LNG) projects present a massive opportunity for Africa to exploit, trade and monetize its vast natural gas resources to address energy security and fuel economic growth. The African Energy Chamber (AEC), as the voice of the African energy sector, is committed
Supermajors, International Companies among those Committed to the Home of the African Upstream Only at AOW 2022 Africa Oil Week (AOW) (https://Africa-OilWeek.com) is proud to announce the biggest names from across the oil, gas and energy value chain will be attending the Home of the African Upstream, AOW. With an incredible line-up of hundreds of companies registered so far, AOW promises to deliver game-changing, deal-making opportunities for its attendees. Many world-leading Upstream organisations have been
Africa’s vast hydrocarbon resources present an opportunity for the continent to secure its energy supply, improve energy access and drive socioeconomic development. With the continent’s oil and gas industry rapidly expanding owing to increases in energy demand across the continent and at globe scale, the role local energy companies play in driving energy developments continues to expand. Global chemicals and energy company Sasol will be returning to this year’s edition of the African Energy Week
Investments in oil and gas projects have decreased, and the sanctions have dampened interest in the country’s first licensing round Four years have passed since the U.S. imposed sanctions on South Sudan’s oil industry. The goal had been to prevent oil money from funding the civil war that had been raging since 2013. By curtailing the ability of businesses and organizations to provide revenue for the South Sudanese government, U.S. officials reasoned, they could pressure
The barrel of Brent oil, a reference for Angolan exports, for delivery in November, traded yesterday until close to market closing time, at US$85.3, falling for the first in the last six months to below US$90. At the start of the session, the price of a barrel of Brent oil was fixed at 92 dollars, but on Tuesday, deliveries for November closed, in the London futures market, down 3.04 percent, to 92 .83 dollars. Fears
The price of a barrel of Brent oil, which serves as a reference for Angolan exports, for delivery in November ended this Tuesday on the London futures market down 3.04%, to US$92.83. Fears of a decrease in demand for oil, following a global economic slowdown, weighed on Brent trading. This scenario offset the upward momentum registered on Monday and motivated by the decision of the Organization of Petroleum Producing Countries (OPEC), led by Saudi Arabia
