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Energy Local News

Angola Oil and Gas(AOG)2023 Earns Carbon-Neutral Event Certification

15, September, 202315, September, 2023

The Angola Oil & Gas 2023 Conference & Exhibition (AOG 2023), organized by Energy Capital & Power, has achieved a significant milestone by receiving a prestigious carbon-free event certificate from AMBIPAR Environment Management. This accolade underscores AOG 2023’s commitment to environmental responsibility and sustainability. AMBIPAR’s carbon measurement system calculated emissions generated by the conference and bought carbon credits. With that credit money, they will plant trees in the Amazon. AOG 2023’s dedication to achieving carbon

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Economy Local News

Unlocking Downstream Potential: AOG 2023 Empowers Angolan Businesses

15, September, 202315, September, 2023

Angola’s downstream oil and gas sector is rapidly expanding as efforts to reduce reliance on imported petroleum drive new investments into large-scale infrastructure facilities. From transportation to storage, processing, and distribution, the industry has opened lucrative opportunities for local businesses and entrepreneurs. A panel discussion during the Angola Oil & Gas (AOG) 2023 Conference & Exhibition in Luanda, organized by Energy Capital & Power, explored such opportunities, with speakers drawing attention to the challenges faced

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Gas Local News Oil

Strategic Partnership: Ambipar and Kini Energias Join Forces to Foster Professional Growth in Luanda

15, September, 202315, September, 2023

The second day of the Angola Oil & Gas (AOG) 2023 conference and exhibition featured the signing of a partnership agreement between the environmental management company, Ambipar, and the energy company, Kini Energias. Signed by Rogério Calderaro, CEO of Ambipar, and Bráulio Brito, Managing Partner for Kini Energias, the services covered by the agreement will include the installation of an industrial unit for the assembly and testing of waste suction equipment and for the control

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Gas Local News Oil

Angola Marks 63rd Anniversary of OPEC with Commemorative Celebration

14, September, 202314, September, 2023

Angola commemorated the Organization of Petroleum Exporting Countries (OPEC) and renewed its commitment to market stability on the second day of the Angola Oil & Gas 2023 Conference & Exhibition, which coincided with the 63rd anniversary of the organization that was founded on September 14, 1960, in Baghdad. OPEC plays a crucial role in stabilizing the oil market, fostering coordination and unity among petroleum producers. Angola, an OPEC member since 2007, has benefited from OPEC’s

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Local News Oil

Announcing the Angola Oil and Gas (AOG) 2023 Award Recipients: Celebrating Excellence

14, September, 202314, September, 2023

Under the event’s broader theme of ‘Energy Security, Decarbonization and Sustainable Development,’ the AOG 2023 awards, which were announced on the first day of the event, sought to identify the companies pioneering the oil and gas industry in Angola. Local Company of the Year Award: Etu Energias Awarded to the most promising Angolan company, whose support and development of the local workforce and local exploration and production efforts continue to ensure the sector’s viability and

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International Mining News

Mining Operations and Ongoing Exploration at Marsfontein Project

14, September, 202314, September, 2023

Diamond producer Botswana Diamonds (BOD) states that mining at the dumps of the company’s Marsfontein project is ongoing. In an update on its Marsfontein and Thorny River projects, in South Africa, the company says exploration, including drilling and geophysics in the mine area, has identified a blow of between 5 m and 10 m, and about 13 m from the surface. This blow has been identified as fresh kimberlite. BOD states that while the company

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International News Oil

Kuwait Oil Company Nears Completion of First Offshore Drilling Operations

14, September, 202314, September, 2023

Kuwait Oil Company anticipates concluding its inaugural offshore oil and gas exploratory and drilling initiatives by 2026, according to the firm’s chief geologist. The exact timeline remains contingent on the progress made during the sea-based operations, as explained by Ahmed Al-Otaibi during a briefing at Kuwait’s oil ministry. Should the drilling operations prove successful, they hold the potential to usher in new production phases, potentially enhancing Kuwait’s oil and gas output. This foray into offshore

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International News Oil

Nigeria Surpasses Angola to Become Africa’s Second-Largest Oil Producer

14, September, 202314, September, 2023

The Organisation of the Petroleum Exporting Countries (OPEC) revealed that Nigeria’s oil production in August 2023 rose to 1.18 million barrels per day (bpd), up from 1.08 million barrels in July. This increase allowed Nigeria to move from third place to second place among Africa’s largest crude oil producers, trailing behind Libya. OPEC’s monthly oil market report attributed Nigeria’s improved output to direct communication for the month of August 2023. Although Nigeria’s 100,000 barrel increase

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Economy Gas International News

Surging Gasoline and Diesel Costs Drive Up U.S. Inflation for August

14, September, 202314, September, 2023

The higher gasoline and diesel prices pushed U.S. inflation higher in August, prompting the White House to reach out to the oil and gas industry to ensure stable supply. Consumer prices in the United States rose by the most in 14 months, Reuters, although the annual increase was a modest one. The big driver behind the price surge was gasoline. The price of the most popular passenger car fuel rose by a significant 10.6% last

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International News Oil

Chevron’s Australian LNG Facilities Grapple with Escalating Worker Strikes

14, September, 202314, September, 2023

Workers at two LNG projects operated by Chevron have escalated their industrial action that began earlier this week and plan further escalations in the coming weeks. While the unions representing the workers have not specified how many hours every day the workers at Gorgon and Wheatstone would strike, Chevron said that it had been notified of rolling 24-hour work stoppages beginning in the early morning today. The industrial action has not yet affected LNG exports

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