Angolan Mining Oil & Gas - Page 362 of 389 - Top Angolan News for Oil, Gas and Mining Industries

What Oil and Gas can Offer to the South African Economy

30, September, 202230, September, 2022

Panel Discussion part of South Africa Energy Day – only at Africa Oil Week Africa Oil Week (https://Africa-OilWeek.com) is excited to present the panel discussion “What can Oil and Gas offer the South African Economy?” as part of its South Africa Energy Day, at Africa Oil Week. The panel – held at the leading Oil and Gas event in heart of Cape Town – will be moderated by Howie Frylinck, National Sales Manager, Pentagon Freight Services.

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Energy Gas Renewable Energy

Exxonmobil promises the country a share of global investment of USD 15 billion

30, September, 202230, September, 2022

The North American company Exxonmobil uses, until 2027, a part of its investment portfolio estimated at US$15 billion, in the implementation, in Angola, of projects in the areas of capture and storage of carbon dioxide, production of hydrogen and biofuels, within the scope of the United Nations 2030 agenda, to achieve the Sustainable Development Goals (SDGs). The information was provided by Exxonmobil’s Director of Public and Government Relations for Angola, Armando Afonso, during a presentation

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Energy Gas Petroleum

Government reaffirms commitment to the energy transition

30, September, 202230, September, 2022

The Government maintains the commitment to take Angola to achieve carbon neutrality by 2050, enhancing the energy transition program underway, while projecting the permanence of oil and gas drivers of economic development, declared the Minister of Mineral Resources, Petroleum. and Gas. Diamantino Azevedo, who was speaking on Wednesday at the 2nd Economy and Market Conference (E&M), devoted to the environment and development, reaffirmed the Government’s conviction that the energy transition is an unavoidable process for

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Economy Energy Gas Oil

The Idea Of A Windfall Tax On Oil And Gas Is Gaining Popularity

30, September, 202230, September, 2022

As the European Union introduces an extensive windfall tax, the region is putting pressure on other parts of the world to do the same. The U.K. may have already taxed oil and gas companies to subsidize rising consumer energy bills, but the E.U. is going one step further by planning a total overhaul of the energy market. Yet, other world powers, such as the U.S., have avoided taxing energy companies, instead turning to the oil

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Energy

How To Play The Selloff In Oil And Gas Stocks

30, September, 202230, September, 2022

After finishing the week as the worst performing sector amid growing recession fears, the energy sector has been paring back losses with WTI crude up 1.7% to $79.79/barrel while Brent has added 1.3% to trade at $87.42/barrel in Wednesday’s intraday session. Risk averse sentiment also hit U.S. natural gas futures, with the front-month October contract falling nearly 10% over the past week to trade at $6.54/MMBtu. Oil prices are a long way off their mid-June peak, when Brent

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Energy International News

Energy Sector Is The Exception A In Lackluster IPO Market

30, September, 202230, September, 2022

n more ways than one, the IPO market isn’t quite what it used to be a decade or two ago. The proportion of U.S. companies that choose to go public has been on a steady decline for more than two decades now, with startups often opting to sell out to bigger firms or remain private. Many observers have laid the blame for this unfortunate trend squarely on increasing red tape including rising regulatory and disclosure

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Economy Energy Gas Oil

BP Restarts Offshore Oil And Gas Platforms After Hurricane Ian

30, September, 202230, September, 2022

BP has restarted production at its offshore Na Kika and Thunder Horse oil platforms in the Gulf of Mexico after redeploying previously evacuated staff, BP PLC said on Thursday. BP halted production on the two platforms on Monday ahead of Hurricane Ian that made landfall in Florida on Wednesday. Chevron had also evacuated personnel and shut its production at its Petronius and Blind Faith platforms in the Gulf ahead of the storm. As of Thursday, 11 total

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Economy Energy International News Oil

Major Commodity Trader Sees Looming Oil Price Spikes

30, September, 202230, September, 2022

While traders and investors in the paper oil market are focused on looming recessions and interest rate hikes, those on the ground – executives at oil producers and commodity traders – warn of oil price spikes in the future as years of underinvestment have depleted capacity and the potential of new oil production to fill the growing supply gap. Recession Fears Drag Oil $40 A Barrel Down From Spring Peak Growing fears of imminent recessions

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Economy International Oil

Oil Prices On Track For First Quarterly Loss Since 2020

30, September, 202230, September, 2022

Fears of a global recession have caused crude oil prices to fall for most of the quarter that ends today and they are likely to book their first quarterly decline since 2020, according to Bloomberg. “Oil’s poor quarter is clearly a reflection of an oil market that is losing its tightness as global recession risks surge,” Ed Moya, senior market analyst at Oanda, told Bloomberg. “Energy traders clearly expect drastic action by OPEC+.” “Amid so much uncertainty,

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Economy Oil Petroleum Renewable Energy

Cabinda refinery begins the recruitment process

30, September, 202230, September, 2022

The Cabinda Refinery has already started the process of recruiting personnel, whose company responsible for the selection of candidates is managing, in this first phase, a total of 180 vacancies, for a project that expects to create more than 10 thousand direct and indirect jobs. Candidates must have as necessary requirements at least 10th grade or an equivalent technical course, degrees in technical training areas”, said the administrator of Cabestiva, João Panzo, quoted today by

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