Angolan Mining Oil & Gas - Page 289 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Economy Local News Oil

OPEC Expresses Confidence in Projected Demand Surge

13, September, 202313, September, 2023

On Tuesday 12th September, 2023, OPEC maintained its predictions of robust global oil demand growth for 2023 and 2024, citing signs that major economies are performing better than expected despite adverse conditions such as high interest rates and elevated inflation. The headquarters of the Organization of the Petroleum Exporting Countries in Vienna Global oil demand is set to increase by 2.25 million barrels per day (bpd) in 2024, compared to the growth of 2.44 million

Read More Here

Economy International News Oil

Dollar and Oil Prices Decline While Gold Surges on Tuesday

13, September, 202313, September, 2023

Benchmark US crude oil for October delivery rose $1.55 to $88.84 a barrel on Tuesday 12th of September,2023. Brent crude for November delivery rose $1.42 to $92.06 a barrel. Wholesale gasoline for October delivery rose by 1 cent to $2.73 a gallon. October heating oil fell by 3 cents to $3.33 a gallon. October natural gas rose by 13 cents to $2.74 per 1,000 cubic feet. Gold for December delivery fell by $12.10 to $1,935.10

Read More Here

International News Oil

International Oil Companies Invited by Iraq to Explore New Oil and Gas Opportunities

13, September, 202313, September, 2023

Iraq has invited global oil companies to bid for new oil and gas concession areas as part of its sixth round of licenses announced in June. In an address at an oil project conference and exhibition that was opened in the capital Baghdad on Sunday 10th September 2023, Iraqi Oil Minister Hayan Abdel Ghani said Baghdad is pursuing a drive to maximize the country’s gas deposits to slash imports from nearby Iran. “We hope that

Read More Here

Gas Local News Oil

AOG 2023 Launches with Excitement and Anticipation

13, September, 202313, September, 2023

With one day left before the fourth edition of the Angola Oil & Gas (AOG) Conference & Exhibition – which kicks off this Wednesday at Centro de Convenções Talatona (CCTA) – conference organizers Energy Capital & Power are gearing up to welcome a prominent line-up of energy ministers, industry leaders, financiers, and national and international oil executives to one of Africa’s most influential energy markets. AOG 2023 serves as the annual meeting place for the

Read More Here

Local News Oil

Oil Prices Retreat After Recent Gains

13, September, 202313, September, 2023

The oil prices fell on Monday, even though a week ago, Saudi Arabia and Russia had announced new production cuts, driving prices to a ten-week high. Oil prices drop despite Saudi Arabia and Russia’s maintenance of cuts. Saudi Arabia and Russia announced last week that they would extend voluntary cuts of a combined total of 1.3 million barrels per day (bpd) until the end of the year. The price of Brent (the benchmark for Angolan

Read More Here

Local Oil Petroleum

Sonangol receives second Oil Tanker

13, September, 202313, September, 2023

Sonangol received, on Tuesday 12th September, the second oil tanker of the Suezmax type, in the city of Mokpo, South Korea, ordered from the company Hyundai Samho Heavy industries. For the vessel’s godmother, named “Sonangol Njinga Mbande”, in honor of the sovereign Queen of the Kingdom of Ndongo and Matamba, the choice fell to the First Lady of the Republic, Ana Dias Lourenço. In carrying out the ritual dictated by the ancient tradition of sailors,

Read More Here

Diamonds Economy Local

Rio Tinto prospecting for Quimberlito in Chiri

13, September, 202313, September, 2023

The Australian multinational Rio Tinto, the second largest minerals company in the world, began prospecting operations for kimberlites and diamonds in the commune of Chiri, province of Lunda-Norte, informed the company’s general director. The four-year prospecting phase takes place in a 75 hectare or 108 square kilometer mine, under the terms of a mining investment contract in Quimberlito do Chiri signed between the Ministry of Mineral Resources, Oil and Gas, Endiama and Rio Tinto ,

Read More Here

International Renewable Energy

G20 Divided on Oil as Renewable Energy Commitment Triples

13, September, 202313, September, 2023

The future of fossil fuels, the main cause of the increasingly severe climate crisis, is this year at the center of international negotiations that will culminate in December, at COP28. The G20 expressed itself, last Saturday, deeply divided in relation to oil, deciding not to call for an exit from fossil fuels, but rather to support, for the first time, the tripling of renewable energies by 2030. The G20’s commitment to renewable energies, reached at

Read More Here

Gas Local Oil

KCA Deutag Secures $60M Contract Extension in Angola

13, September, 202313, September, 2023

KCA Deutag, an international oil and gas services company, has secured a one-year contract extension for the provision of core drilling and maintenance services on two offshore platforms in Angola. The $60 million deal will see KCA Deutag maintain its provision of crane operations, maintenance services, equipment management, and rental services for the Angolan client for an additional year. The deal increases the firm’s operations on the Angolan assets to over 10 years. Ole Maier,

Read More Here

Diamonds International

Alrosa Finds Russia’s Largest Diamond in a Decade

12, September, 202312, September, 2023

Alrosa has recovered a 390.7-carat diamond from its Mayat mine in Yakutia, the largest gem-quality rough discovered in Russia in 10 years. The stone is irregularly shaped, bears a light color, and is bordered by a yellow-brown halo, the company said Sunday. The miner found the diamond during the night-washing of rough from the Ebelyakh portion of the deposit, along with a colorless diamond with a traditional octahedron shape weighing 37.7 carats. In 2013, Alrosa

Read More Here

« Prev 1 … 287 288 289 290 291 … 389 Next »

More Angolan Mining News