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Economy

  • ANPG validates Sonangol, ENI and TOTAL exploration proposals
    Thu, 14 Nov 2019 18:27

    ANPG validates Sonangol, ENI and TOTAL exploration proposals

    Luanda - The National Oil, Gas and Biofuels Agency (ANPG) Wednesday, in Luanda validated the proposals presented this year by oil companies Sonangol, ENI and TOTAL, for the exploration of the Namibe and Benguela sea basins.

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  • Thu, 14 Nov 2019 12:12

    ANGP validates Sonangol, ENI, TOTAL bids for oil exploitation

    Luanda - Angola’s National Petroleum, Gas and Biofuel Agency (ANPG) validated on Wednesday the bids for oil exploitation of Namibe and Benguela maritime basins made by the state-owned firm Sonangol, Italian (ENI) and French (TOTAL).

  • Fri, 08 Nov 2019 10:58

    Angola envisages increase of fuel storage in 2022

    Luanda - Angola is planning to increase in more that 50 per cent its storage capacity for crude-oil byproducts as from the year 2022.

  • Tue, 05 Nov 2019 18:14

    Fuel price readjustment still under study

    Luanda - The Secretary of State for Petroleum, José Barroso, said Tuesday in Luanda that the Government is still considering the possibility of readjusting the price of fuel, with the gradual withdrawal of subsidies.

  • Tue, 05 Nov 2019 16:53

    Oil products consumption grows 4%

    Luanda - Angola acquired in the third quarter of the current year, 1.1million metric tons (TM) of oil products, representing a growth of four percent over the previous period.

  • Tue, 29 Oct 2019 17:45

    Oil exports decline 5.3 million barrels

    Luanda - Angola exported during the third quarter of this year, 116.4 million barrels, at an average price of USD 62.8 per barrel, a decrease of 5.3 million barrels compared to the second quarter of 2019.

  • Mon, 28 Oct 2019 17:13

    Agreement enables production of 420 million cubic feet of gas

    Luanda - The National Petroleum, Gas and Biofuels Agency (ANPG) and five oil companies signed on Monday, in Luanda, two agreements for exploration, development and production of natural gas and cost sharing, which is expected to produce about 420 million cubic feet of gas / day as from 2022.

  • Wed, 23 Oct 2019 09:29

    Soyo Refinery presented to investors in Dubai

    Luanda - The Ministry of Mineral Resources and Oil (MIREMPT) carried out last Tuesday, in Dubai, its second technical presentation (Road show) of the Soyo Refinery project to be implemented in the northern Zaire Province.

  • Fri, 11 Oct 2019 12:10

    Soyo's oil refinery to produce 100,000 barrels day

    Luanda - Angola, a major oil producer in Africa, on Thursday kicked off a roadshow in Luanda to introduce a construction project of an oil refinery in Soyo City, northern Zaire Province.