Luanda - Angola’s Oil company "Sonangol" signed a Memorandum of Understanding with Norwegian state oil company Equinor (ex-Statoil) enabling the latter to continue investing in exploration and rise of the oil production in Angola.More about this news
Luanda - Angola is to attend a meeting of the members of the Organization of Oil Producers and Exporters (OPEC) and independent producers, on April 23 in Vienna, Austria.
Soyo - About 300 kilometres of a network of crude oil transportation pipelines, managed by the Angolan Oil Society (Somoil) in Soyo Municipality, northern Zaire Province, were renewed by the mentioned company in the past ten years.
Rome - The Angolan government is creating propitious conditions to diversify the country?s economy so as to lure foreign investments and create jobs, especially for youths, said on Friday in Rome Angola?s ambassador to Italy, Florêncio de Almeida.
Luanda - The French oil company TOTAL will supply 1.2 million tons of oil per year to the Angola state oil company (Sonangol) to meet the needs of the country?s domestic market.
London - Brent crude kept in stock for delivery in August opened low in London's Futures Market on Monday, with the barrel being traded at USD 76.31.
Luanda - The Oil company Total E & P Angola is taking on the exploration, research, development and production of liquid and gaseous hydrocarbons from Block 48, whose mining rights were previously granted to the national concessionaire.
Paris - The director general of Total Angola EP, Laurent Maurel, announced in Paris that the company is in a position to put an end to the process of dismissal of employees in the Angolan territory.
Luanda - The Angolan State-owned oil company Sonangol last Friday issued a press release explaining that the following companies, Berkeley, Primagest and Leadervalue were never part of the business of the institution.