Petrobras PBR, Brazil’s state-controlled oil giant, has taken a major step toward reinforcing its global energy footprint through the signing of a memorandum of understanding (MoU) with Sonangol, ...

Most of the reconstruction, financed in the main by Angola’s oil boom, is concentrated along the Lusophone ... At one minefield in Canhama – there are 327 in Huambo province – officials display a map ...

As Angola seeks a sustainable future, it is evident that the nation’s long-term prosperity lies in its sun and soil rather ...

Last month, OPEC, a group of oil exporting developing nations, lowered the cap on Angola’s oil production. Now, the country says it will leave OPEC. Oil production in Angola has been falling for ...

Luanda/London — Angola is leaving the Organization of the Petroleum Exporting Countries because membership is not serving its interests, oil minister Diamantino Azevedo said Thursday.

During the Angola Oil&Gas (AOG) pre-conference program – taking place ahead ... Additional topics include the basin’s tectonostratigraphic architecture; how regional seismic helps to map leads and ...

Speaking on public television on Thursday, Diamantino Azevedo, minister for mineral resources, petroleum and gas, said Angola, which produces about 1.1 million barrels of oil a day, is leaving ...

It aims to produce more natural gas to counter part of the oil decline. Sign up here. "Our aim is at least to keep this level of production until 2027-2030," said José Barroso, Angola's secretary ...

All these initiatives aim to boost exploration in an effort to replace declining reserves and help maintain or, ideally, increase Angola's oil production. Diamantino Azevedo, Angola's Minister of ...

A worker clears ground in a banana farm close to the town of Caxito, set up by Angolan agro-livestock group Novagrolider, on November 14, 2018, in Bengo Province [File: Rodger Bosch/ AFP] As ...