Angolan Mining Oil & Gas - Page 319 of 390 - Top Angolan News for Oil, Gas and Mining Industries

Top 5 Upcoming Oil and Gas Projects in Ghana

6, July, 20236, July, 2023

Ghana’s oil and gas industry has experienced significant growth following the discovery of commercial quantities of oil in the country’s Jubilee fields in 2007. As a result, the West African country has sought to leverage its immense hydrocarbon resources to position itself as a petroleum hub for the region. With 17 oil and gas projects poised for development between the outlook period 2023-2027, Ghana is set to become a world-class exporter of gas and petroleum products.

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Local News Petroleum

Angola’s Oil sector offers 200 jobs

29, June, 202329, June, 2023

A total of 200 young people managed, last weekend, in Luanda, their first job, in the oil and banking sectors, at the Recruitment Fair, organized by Elite Recrutment Angola, which had the participation of 22 companies and more than 40 thousand applicants. The director general of Elite Recrutment Angola, Miguel Vieira, said in an interview with Jornal de Angola that the company he runs promoted the Recruitment Fair with the aim of contributing to the

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International News Petroleum

Russia set to overtake Saudi Arabia as China’s oil supplier

29, June, 202329, June, 2023

Since the start of the war, Saudi Arabia has been losing market share in China – the world’s biggest energy market – thanks to Russia selling its oil at steep discounts. And even a production cut in Saudi Arabia earlier this month did not have the desired effect of raising prices to compensate for falling demand. The chaos in Russia in recent days, in which the Wagner paramilitary group launched and then stopped an insurrection,

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Local News Renewable Energy

Angola & Norway enhance hydrocarbon and energy cooperation

29, June, 202329, June, 2023

The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, met, Tuesday June 27th, with the Secretary of State of the Ministry of Foreign Affairs, Erling Rimestad, to deepen relations between Angola and Norway, in the field of hydrocarbons and energies . On the occasion, the portfolio holder reviewed the situation of the Oil and Gas sector and the country’s commitment to transparency in the extractive industries, making financial resources affect the populations more and more

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International News Oil

Oil Rises as US Reserves Decline

29, June, 202329, June, 2023

Crude oil rallied Wednesday 28th June after an industry report of a larger-than-expected drop in US crude reserves suggested robust demand and helped offset concerns about further hikes in interest rates. Oil reserves fell by about 2.4 million barrels, according to market sources, citing data from the American Petroleum Institute (API) industry group ahead of official Energy Information Administration data. “This morning’s relief [Wednesday] comes from last night’s API statistics,” said Tamas Varga of oil

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Exploration Gas International News Oil Petroleum

Namibian Exploration Poised to Stimulate Oil Boom

29, June, 202329, June, 2023

On the back of major oil and gas discoveries in recent years, Namibia’s upstream oil and gas sector is on the precipice of rapid transformation. Significant discoveries made in the southern African country’s Orange Basin in 2022 and 2023 – which include the Graff-1, Venus-1, and Jonker-1X exploration projects –, compounded by favorable fiscal incentives, have attracted oil and gas supermajors including TotalEnergies, Shell, Chevron and ExxonMobil, as well as multinational energy corporations such as

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Energy Local News

TechnipFMC signs subsea deal with Azule Energy

29, June, 202329, June, 2023

Global oil and gas company TechnipFMC has been awarded a contract by Azule Energy – a joint venture between oil and gas supermajors, Eni and bp – to supply subsea production systems for the Block 18 Infills development, offshore Angola. Announced on 26 June, the contract will involve the mobilization of between $75 million and $250 million and will see TechnipFMC design and manufacture subsea trees, a manifold, subsea distribution equipment, topside controls and spearhead the engineering, procurement

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International News Renewable Energy

South Africa and Germany Partner on Green Hydrogen Projects

29, June, 202329, June, 2023

South Africa and Germany have inked a bilateral cooperation deal for the two countries to collaborate on a series of green hydrogen projects. The deal builds on existing cooperation established between the countries and aims to support the trade and development of the resource. Green Hydrogen Lead in the Investment and Infrastructure Office of the President of South Africa Masopha Moshoeshoe stated that under the terms of the deal, Germany will provide support regarding the

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Gas Local News Oil Petroleum

Kwanza Block Tenders Spur New Wave of Investment in Angola

29, June, 202329, June, 2023

Angola’s national concessionaire the National Oil, Gas and Biofuels Agency (ANPG) signed four direct concession contracts for the production of oil blocks in the onshore Kwanza Basin. Poised to increase exploration activity and production in the southern African country’s onshore acreage, the concession involves Blocks KON 2/11/12 and 16 and will serve to encourage the participation of small- and medium-sized companies within Angola’s oil and gas space. Concession Contracts Bolster Upstream Activities The signed concession

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Gas International News Oil Petroleum

Ugandans take legal action against TotalEnergies

28, June, 202328, June, 2023

26 Ugandans filed a lawsuit against French oil firm TotalEnergies on Tuesday June 27th in Paris, France, seeking compensation for alleged abuses of human rights at the company’s huge megaprojects there. People from the impacted areas, joined by five French and Ugandan charity organizations, claim that the energy company TotalEnergies caused “serious harm,” notably to their rights to land and food. The East African Crude Oil Pipeline (Eacop) project, a 1,500 km pipeline bringing crude

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