Angolan Mining Oil & Gas - Page 362 of 390 - Top Angolan News for Oil, Gas and Mining Industries

Energy Economy Oil

Oil Prices Rally Into October As OPEC+ Plans A Production Cut

3, October, 20223, October, 2022

After several weeks of declines, oil began October trade with a gain driven by plans by OPEC+ to reduce production by a substantial amount. At the end of last month, the media reported that Russia had proposed a production cut of 1 million bpd. Later reports said discussions are underway for an even bigger production cut. “Anything less than 500,000 barrels a day would be shrugged off by the market. Therefore, we see a significant chance of

Read More Here

Economy Energy Gas

European Gas Demand Set For Record-Breaking Decline In 2022

3, October, 20223, October, 2022

Soaring natural gas prices, demand destruction in the industrial sector, and energy-saving measures are set to reduce gas consumption in Europe’s developed economies by 10% this year, the biggest drop in European demand in history, the International Energy Agency (IEA) said in its quarterly Gas Market Report on Monday. The forecast of a 10% decline in natural gas demand in OECD Europe reflects the expectation of higher gas prices and the EU’s ambition to reduce gas consumption

Read More Here

Gas International

Why Have U.S. Natural Gas Prices Soared Since 2020?

3, October, 20223, October, 2022

What ensued was a discussion of the influences in the natural gas markets in recent years. Indeed, the comment above is correct that most of the demand increase in U.S. natural gas production in recent years has been in power generation, as power plants phased out coal. Over the past 20 years, natural gas devoted to power production has increased from 5.3 trillion cubic feet (Tcf) in 2001 (24 percent of production that year) to

Read More Here

Energy Economy Gas International Oil

Income Investors Are Returning To Oil And Gas Stocks

3, October, 20223, October, 2022

Some investors have started to see oil and gas stocks as income investment stocks rather than boom-and-bust cyclical stocks, as many others still believe. Record cash flows and profits of the past two quarters have prompted many oil and gas firms to boost dividends or pay special variable dividends, as is the case with U.S. shale producers. Many more expanded and increased their share buyback programs. The record profits and the cash flow bonanza could lay the foundations

Read More Here

Economy Energy Gas Oil Renewable Energy

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.

Read More Here

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

Read More Here

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

Read More Here

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

Read More Here

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

Read More Here

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

Read More Here

« Prev 1 … 360 361 362 363 364 … 390 Next »

More Angolan Mining News