Angolan Mining Oil & Gas - Page 326 of 389 - Top Angolan News for Oil, Gas and Mining Industries

Economy Gas Oil

Angolan Govt Maintains discount on ISP for diesel and gasoline

7, June, 20237, June, 2023

The Portuguese government has decided to maintain the unchanged discount on the tax on petroleum products (ISP) this month. The Ministry of Finance announced yesterday June 6th that the discount remains at 13.1 cents per liter for diesel and 15.3 cents per liter for gasoline. The Ministry of Finance will also continue updating the additional charge on carbon dioxide (CO2) emissions, known as the carbon tax, which began in May. It is now being updated

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Energy Gas Oil

AECIPA advocates the capitalization of national oil companies

7, June, 20237, June, 2023

The President of the Association of Companies Providing Services to the Angolan Oil Industry (AECIPA) argued in favor of commercial banks providing financing to oil sector operating companies as a way to help them gain consistency and strength in order to better serve the national economy. In statements to Angop, Bráulio de Brito made this consideration when discussing the Legal Regime on Local Content, in which he deemed the non-existent financial capacity of national companies

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Gas Oil Renewable Energy

Angola and DRC to Share Offshore Block 14

7, June, 20237, June, 2023

The Democratic Republic of the Congo (DRC) is currently in the process of finalizing an agreement with Angola and Chevron, a major oil and gas company, regarding offshore Block 14. This particular block has been a subject of dispute in the past. The agreement aims to make both countries joint holders of the block. The Minister of Hydrocarbons for the DRC, Didier Budimbu Ntubuanga, stated that another meeting is scheduled to take place soon, and

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Energy Oil Petroleum

Perenco Initiates Offshore Congo Production

7, June, 20237, June, 2023

The independent hydrocarbon producer, Perenco, has announced the commencement of production at the Boatou field located off the coast of the Republic of the Congo. This achievement comes after the commissioning of four wells between March and May of this year, finally enabling the company to initiate production at the field, which was discovered 39 years ago. With the capacity to produce up to 4,500 barrels per day, the start of production follows a final

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Economy Gas Oil

Africa’s LNG Industry Poised for Major Expansion

7, June, 20237, June, 2023

The Republic of Congo is embarking on a new economic era with the launch of its first liquefied natural gas (LNG) project in partnership with Italian energy company Eni. This $5 billion project will utilize natural gas from Eni’s Marine XII project located off the coast of Congo and is expected to produce 3 million tonnes per annum (mmtpa) by 2025. The operation will consist of two floating LNG (FLNG) plants that will process gas

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Energy Energy Renewable Energy

Mauritania’s Director General of Hydrocarbons, Petroleum, Energy and Mines Updates on Nouakchott Energy Hub and Infrastructure Project

7, June, 20237, June, 2023

Moustapha Bechir, the Director General of Hydrocarbons at the Ministry of Petroleum, Energy and Mines in Mauritania, recently participated in the Mauritanian ministerial panel at MSGBC Oil, Gas, & Power 2023. During the event, he shared insights into Mauritania’s energy hub in Nouakchott, plans for local content development, and infrastructure revamp strategies. Mauritania possesses several strategic assets that contribute to its energy sector. These include its favorable geographical location in proximity to Europe, a vast

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Energy

Angolan President Signs Bilateral Cooperation Agreements with Portuguese Prime Minister

7, June, 20237, June, 2023

Angolan President, H.E. João Lourenço, signed a series of new bilateral cooperation agreements with Portugal’s Prime Minister, António Costa, during a two-day state visit by the Premier to Angola’s capital city of Luanda. H.E. President Lourenço received Prime Minister Costa on 5 June at the Presidential Palace in Luanda. During the two-day visit, talks between delegations of the two countries resulted in the signing of 13 agreements, including a Strategic Cooperation Program 2023-2027 and the

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Energy Gas Oil

South Sudan Energy Event Showcases Ministerial Delegates

7, June, 20237, June, 2023

The South Sudan Oil & Power (SSOP) 2023 conference and exhibition, which will take place from 14-16 June in South Sudan’s capital city of Juba, is set to feature a series of keynote presentations and ministerial addresses by a distinguished lineup of international and national ministers from Africa’s energy sector. The opening ceremony, hosted by the Government of South Sudan, will include International Ministerial Addresses. Among the international ministers participating in the event are Hon.

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Energy Gas International Oil

Africa Energy Week 2023 Sparks Energy Renaissance in Africa

7, June, 20237, June, 2023

Witness the transformative force of Africa’s burgeoning energy sector at African Energy Week 2023 (AEW), a highly anticipated event hosted by the African Energy Chamber (AEC). From October 16-20, 2023, this prestigious gathering will redefine Africa’s energy landscape, attracting influential experts, industry leaders, government officials, and stakeholders from Africa and around the world. Under the theme, ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization, and Free Markets,’ AEW aims to chart a

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Gas International Oil

Savannah Energy’s Nigerian Arm Secures Gas Supply Deal for Local Market

7, June, 20237, June, 2023

Savannah Energy’s Nigerian subsidiary, Accugas Limited, has signed a gas sales agreement with exploration and production firm Amalgamated Oil Company Nigeria Limited (AMOCON) to supply natural gas to the local market. AMOCON will supply Accugas Limited with up to 20 million standard cubic feet of natural gas per day (MMscfpd), produced in the OML 156 sole risk petroleum lease area onshore Nigeria, over a period of ten years. AMOCON will leverage its new 140m pipeline

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