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Economy

  • Tue, 25 Jun 2019 19:01

    Bumbar Mining holds 1st forum for mining leadership

    Luanda - The first mining business leadership forum "Angola Mining Talks" will be held this Wednesday in Luanda, with the objective of assessing the context of the local mining industry and inferring about the challenges faced by managers to keep viable and sustainable companies in Angola.

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  • Tue, 18 Jun 2019 13:24

    BP reduces polluting gases emission in oil exploitation

    Luanda - The multinational oil and gas firm British Petroleum (BP) Angola reduced its emission and burning of polluting gases from 60 million to 4 million cubic feet, making the company’s activity less harmful to the environment.

  • Wed, 05 Jun 2019 17:43

    Total announces new investments in Angola

    Luanda - French oil company Total is preparing to build 50 petrol stations in Angola in an investment worth USD 100 million aimed to create a joint venture.

  • Wed, 05 Jun 2019 16:56

    Angola, NFE International sign agreement on major gas inclusion in energy matrix

    Luanda - Angola and American Financing Fund (NFE International) signed Wednesday an agreement providing for great integration of natural gas in the country?s power matrix.

  • Wed, 05 Jun 2019 10:23

    Sonangol's crude oil output above 10 percent

    Luanda - The overall output of the State-owned oil firm Sonangol swings from 10 to 20 percent of the overall domestic production, which currently stands at 1.4 million barrels per day, the company's CEO, Sebastião Pai Querido, said on Tuesday.

  • Wed, 05 Jun 2019 09:46

    Crude: Sonangol to alienate 72 of its subsidiary firms

    Luanda - At least 72 subsidiary firms of the National Fuel Society (Sonangol Group) will soon be alienated, in the framework of the restructuration process happening in the state-owned company.

  • Tue, 04 Jun 2019 17:16

    Gasoline output to quadruple within two years

    Luanda - Angola’s oil company Sonangol predicts rise in production capacity of gasoline by Luanda Refinery in 2021 from the current 300 to 1, 200 tons per year.

  • Mon, 03 Jun 2019 17:01

    Oil, Gas Conference starts Tuesday

    Luanda - The Angolan Oil and Gas Conference 2019, an initiative of Africa Oil & Power, starts on Tuesday in Luanda with the participation of the main players in the world oil industry and consulting firms.

  • Mon, 03 Jun 2019 12:06

    ANPG and ENI announce their fifth oil discovery in Block 15/06

    Luanda - The National Oil, Gas and Biofuels Agency (ANPG) and ENI announced Monday a new oil discovery in Block 15/06, in Angola's deepwater, with estimated reserves of 300 to 400 million barrels of light oil.