TotalEnergies Reaffirms Commitment to Namibia’s Emerging Oil Sector
Zambia’s Energy Ministry Opens Bidding for Tazama Pipeline Access
TotalEnergies Commits $500 Million to Boost Production at Congo’s Moho Nord Field
Vast Resources Announces Release of Historic Diamond Parcel Held by Reserve Bank of Zimbabwe
Woodside Energy Navigates Tariff Risks as Louisiana LNG Project Nears Final Decision
De Beers Reports 11% Drop in Q1 Diamond Output Amid Weak Market Conditions
Algeria Partners with China’s LONGi to Boost Domestic Solar Panel Production
UAE-Funded Solar Plant Powers a New Era of Clean Energy in Comoros
Egypt Ramps Up Oil Drilling in Gulf of Gharib to Boost Domestic Production
Angola to Anchor New Africa-Latin America Copper Route
TotalEnergies Reaffirms Commitment to Namibia’s Emerging Oil Sector
Zambia’s Energy Ministry Opens Bidding for Tazama Pipeline Access
TotalEnergies Commits $500 Million to Boost Production at Congo’s Moho Nord Field
Vast Resources Announces Release of Historic Diamond Parcel Held by Reserve Bank of Zimbabwe
Woodside Energy Navigates Tariff Risks as Louisiana LNG Project Nears Final Decision
De Beers Reports 11% Drop in Q1 Diamond Output Amid Weak Market Conditions
Algeria Partners with China’s LONGi to Boost Domestic Solar Panel Production
UAE-Funded Solar Plant Powers a New Era of Clean Energy in Comoros
Egypt Ramps Up Oil Drilling in Gulf of Gharib to Boost Domestic Production
Angola to Anchor New Africa-Latin America Copper Route
Tecmad – Mining Services will have to pay a debt of Kz 248.5 million in taxes, Kz 62.5 million in fines and Kz 69.9 million in compensatory interest, making a total debt of Kz 382.0 million. The General Tax Administration (AGT) notified, through a notice published in the June 14 edition of Jornal de Angola, Tecmad – Mining Services to collect a tax debt of 382.0 billion Kz referring to taxes on income from work
12 projects were licensed for the production and export of gold, but only 5 started. At a time when the 1st stone was laid for the construction of a refinery. Seven of the 12 projects licensed for the production and export of gold in Angola have not started activity, reveal data from the Ministry of Mineral Resources, Oil and Gas (MIREMPET) released at the time of laying the foundation stone for the construction of the first
Angola represents one of the richest mineral markets in the world, with sizeable gold, diamond, iron ore and rare earth minerals leading to the development of large-scale mining operations across key basins. At the forefront of the country’s mineral wealth is the diamond sector, with the $1.2 billion industry positioning Angola as the fourth largest producer globally and the second largest in Africa. Now, with ambitions to further diversify the economy on the back of
The Lusophone Association of Renewable Energy (ALER) today, in Luanda, presents the national report at the International Conference on Renewable Energy in Angola, a meeting scheduled to end tomorrow. The event is organized by ALER and the Angola-na Association of Renewable Energy (ASAER), in partnership with the Ministry of Energy and Water, taking place at the António Agostinho Neto Memorial with the participation of 300 institutional and business representatives as well as experts. linked to the
In response to the coordinated withdrawal of international trade and project financing from Africa’s oil and gas industry, Afreximbank and APPO have signed an agreement for the creation of an African Energy Transition Bank The African Export-Import Bank (Afreximbank) and the African Petroleum Producers Organization (APPO), who have had a long, mutually beneficial relationship, have signed an agreement for the joint establishment of an African Energy Bank (www.EnergyChamber.org) at the 8th African Petroleum Congress and Exhibition
State oil company Sonangol has signed a memorandum of understanding with German companies Gauff and Conjucta for the production of green hydrogen, starting in 2024. According to a press release from Sonangol, the agreement follows technical and economic feasibility studies, previously carried out, for the financing, construction and operation of a plant for the production of green hydrogen and derived products, in Angola. The objective is to commercialize the product on the local and international
Last year, the Government collected more than 900 million dollars in taxes with the Angola LNG (Liquefied Natural Gas) project, the Secretary of State for Oil and Gas said this Thursday. José Barroso, who was speaking in parliament during the presentation of the bill authorizing the President of the Republic to legislate on changes to the tax regime for the Angola LNG project, said that the State is concerned with guaranteeing income in the process
Angola is expected to have a less severe impact when compared to its African partners due to increased oil revenues; more stable production and high oil prices have resulted in a flow of petrodollars during the last year, which has strengthened the rate of exchange rate of the kwanza and improved the opinion on the sovereign credit of the country”, write the analysts of Oxford Economics. In the comment on the impact of the war
The National Agency for Petroleum, Gas and Biofuels (ANPG) forecasts a turnover in the oil sector, for the next five years, of around US$66 billion. This forecast includes the extension of production licenses already signed between ANPG and the operators, namely in Blocks 15, 17, 18 and also in Block 0, as well as activities related to the exploration and development of oil projects and operational and administrative. If confirmed, this forecast translates into an
Angola overtook Nigeria as the largest oil producer in sub-Saharan Africa in May, according to data from the Organization of Petroleum Exporting Countries (OPEC), by pumping 1.1 million barrels a day. Angola’s production fell from 1.183 million barrels a day pumped in April to 1.162 million in May, but benefited from an even greater drop by Nigeria, whose production fell from 1.219 million barrels in April to 1.024 million the following month, thus losing the
