Sonangol, the National Petroleum Corporation of Namibia (NAMCOR) and the Namibiam Ports Authority (NAMPORT) signed, this Sunday, a memorandum of understanding for the development of an integrated logistics base to support the oil and gas industry in Namibia, similar to the Sonils base. According to a press release from the Angolan oil company sent today to Jornal de Angola, the “structuring project of strategic importance” was signed by the chairman of the Board of Directors
AEW 2022 will emphasize the role state energy companies play in boosting investment, exploration and production across Africa’s energy sector. The African Energy Chamber (AEC) is proud to announce the return of the National Oil Company (NOC) Summit at Africa’s premier event for the oil and gas sector, African Energy Week (AEW) (https://AECWeek.com/), which will take place from 18 – 21 October 2022, in Cape Town. Following a successful edition of the NOC Summit at
H.E. Bruno Jean-Richard Itoua, Minister of Hydrocarbons of the Republic of Congo, who is currently serving as the 2022 President for the Organization of Petroleum Exporting Countries, led OPEC’s first in-person meeting since the onset of the COVID-19 pandemic This week, H.E. Bruno Jean-Richard Itoua, the Republic of Congo’s Minister of Hydrocarbons and the 2022 President for the Organization of Petroleum Exporting Countries (OPEC), led the oil cartel’s first in-person meeting since the onset of
The decision by OPEC was made following the 33rd OPEC and non-OPEC ministerial meeting on 5 October. The secretary-general of APPO, the African Petroleum Producers Organisation, has come out in support of the recent decision by OPEC to cut production by around 2%, on the side-lines of Africa Oil Week (www.Africa-OilWeek.com) in Cape Town. “It is a decision well taken,” said APPO secretary-general Dr Omar Farouk Ibrahim, on the sidelines of Africa Oil Week, being
Energy Capital & Power is proud to announce that H.E. José Barroso, Secretary of State for Oil and Gas in Angola, will be coming to Luanda for the third edition of Angola Oil & Gas 2022 Energy Capital & Power (ECP) (https://EnergyCapitalPower.com/) is proud to announce that H.E. José Barroso, Secretary of State for Oil and Gas in Angola, will attend and participate at the third edition of Angola Oil & Gas (https://bit.ly/3MhOEnY) – taking
The leading fuel retailer will participate as a Bronze Sponsor of Angola Oil & Gas 2022, as the country spearheads the progressive expansion and liberalization of its downstream sector Energy Capital & Power (ECP) (EnergyCapitalPower.com) is honored to announce Pumangol – Angola’s leading fuel retailer – as a Bronze Sponsor of the upcoming Angola Oil & Gas (AOG) (https://bit.ly/3UyBCpP) 2022 Conference & Exhibition, taking place on November 29 – December 1 in Luanda. We are
The World Bank’s prospects for Angola are more favorable than the previous ones, having increased this year’s growth projection to 3.1 percent, against the 2.9 presented in April. In the report released yesterday from Johannesburg, South Africa, by Reuters, the World Bank justifies the upward revision due to the benefits generated to national accounts by the high prices of a barrel of oil. The economy of Sub-Saharan Africa, on the whole, is expected to grow
The reduction in oil production announced this Wednesday by the OPEC+ group corresponds to the biggest cut in supply since May 2020. According to Reuters experts, the decision is likely to anger the administration of US President Joe Biden and prompt the US response. The note sent to Citi markets, which Reuters refers to, explains that the OPEC+ alliance, led by Saudi Arabia and Russia, decided, in Vienna, to reduce oil production by two million
Recent natural-gas discoveries leave Africa well positioned to take advantage of the trend towards decarbonisation CAPE TOWN, South Africa, October 6, 2022/APO Group/ — As the energy industry decarbonises its operations, natural gas is becoming an ever more important part of the energy mix – opening up a range of opportunities for the African gas industry. “Sometimes, oil is even seen as a by-product of gas,” remarked Luca Vignati, upstream director of global energy company
Angolan oil and gas company, Falcon Oil Holding Angola S.A., will participate at this year’s AOG 2022 Conference and Exhibition as a gold sponsor Angolan oil and gas exploration and production company, Falcon Oil Holding Angola S.A., will participate at this year’s Angola Oil & Gas (AOG) (bit.ly/3RIrAQ1) 2022 Conference and Exhibition – taking place in Luanda on 29-30 November and 1 December – as a gold sponsor, demonstrating the event’s high-level participation among key regional energy
