African oil producers meet in Luanda

Luanda hosts, next Monday, the third meeting of Executives of National Oil Companies (NOC) from member countries of the Organization of African Oil Producers (APPO). The meeting, which is organized by the national oil company Sonangol, with the support of the Ministry of Mineral Resources, Oil and Gas (Mirempet), will discuss and exchange experiences on implementation, policies and production of local content in the oil sector. The National Oil Companies of APPO member countries will

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PetroAngola starts voting process for the best companies in the Oil & Gas sector

PetroAngola has started the public voting process to determine the winners of the 2022 edition of the Angola Oil & Gas Awards. Around 100 companies operating in the Angolan oil and gas industry are eligible for this edition, from operating companies, companies providing goods, services and professionals in the sector. The award will be based on the companies’ operational and commercial performance, quality and service delivery capacity, and the contributions made to this important sector

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African Energy Week (AEW) 2022’s Industry-Advancing National Oil Company (NOC) Summit Prioritizes African-Led Energy Solutions

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

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Pumangol Joins Angola Oil & Gas (AOG) 2022 as Bronze Sponsor

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

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OPEC+ lowers oil supply by two million barrels a day

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

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Rekindling the Passion and Energy

New Eskom board chairman Mpho Makwana shared his views on the just transition, securing South Africa’s energy needs, and getting Eskom fired up again New Eskom board chairman Mpho Makwana gave an interview on the side-lines of the Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com/) in Cape Town. Speaking only days after the new Eskom board was appointed, he shared his views on the just transition, securing South Africa’s energy needs, and getting Eskom fired up again. We

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Private power booms as green energy attracts finance

International investors are also being attracted by Africa’s renewable-energy opportunities Private power is booming. This was the message from Rand Merchant Bank (RMB) CEO Emrie Brown at the Green Energy Africa Summit (GEAS) (https://GreenEnergyAfricaSummit.com/), taking place at the Cape Town International Conference Centre from October 4-5. Brown was speaking during a successful first day of the Summit, which drew hundreds of local and international delegates. Brown identified a growing trend for metros and private companies to

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Brent oil for December delivery rises to $88.82

The price of a barrel of Brent oil, which serves as a reference for Angolan exports, for delivery in December ended today on the London futures market up 0.98%, to US$88.82. Brent’s price rose amid speculation among investors about plans by the group designated OPEC+, which brings together members of the Organization of Petroleum Exporting Countries (OPEC) and allies such as the Russian Federation, to reduce by one million barrels a day to boost the

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What Oil and Gas can Offer to the South African Economy

Panel Discussion part of South Africa Energy Day – only at Africa Oil Week Africa Oil Week (https://Africa-OilWeek.com) is excited to present the panel discussion “What can Oil and Gas offer the South African Economy?” as part of its South Africa Energy Day, at Africa Oil Week. The panel – held at the leading Oil and Gas event in heart of Cape Town – will be moderated by Howie Frylinck, National Sales Manager, Pentagon Freight Services.

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Exxonmobil promises the country a share of global investment of USD 15 billion

The North American company Exxonmobil uses, until 2027, a part of its investment portfolio estimated at US$15 billion, in the implementation, in Angola, of projects in the areas of capture and storage of carbon dioxide, production of hydrogen and biofuels, within the scope of the United Nations 2030 agenda, to achieve the Sustainable Development Goals (SDGs). The information was provided by Exxonmobil’s Director of Public and Government Relations for Angola, Armando Afonso, during a presentation

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