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HomeAngola

Angola

BP, Eni and TotalEnergies Warn the “2026 Oil Glut” Is a Mirage
Crude Oil News

AEC’s State of African Energy 2026 Outlook: Onshore Hydrocarbon Spending in Africa Set to Hit $22 Billion

October 31, 2025 Clark Savage

The African Energy Chamber (AEC) has released its highly anticipated State of African Energy 2026 Outlook, painting a picture of steady growth and untapped potential in Africa’s onshore oil and gas sector. According to the […]

Crude Oil News

China Continues to Stockpile Crude Oil Through 2026

September 8, 2025 Clark Savage

As global energy dynamics shift amid geopolitical tensions and fluctuating supply chains, China remains a pivotal player in the crude oil market. In 2025, the world’s largest oil importer will continue its aggressive stockpiling strategy, […]

Bourbon
International News

Bourbon lines up newbuilds for ExxonMobil in Angola

September 4, 2025 Mariel Alumit

French OSV owner Bourbon has strengthened its long-standing relationship with ExxonMobil in Angola with a five-year charter for newbuild crew transfer vessels. The deal will see Bourbon Mobility deliver tailor-made 34-m crewboats to shuttle personnel […]

Downstream

Did Fed Chair Jerome Powell Buy Oil Stocks?

August 25, 2025 Andy Del Prado

Daily Standup Top Stories What Does Powell’s Comments in Jackson Hole Mean to the Oil and Gas Markets and Investors? August 23, 2025 Clark Savage Federal Reserve Chair Jerome Powell’s annual address at the Jackson Hole […]

Petronet
Crude Oil News

President Trump’s Tariffs and Sanctions on India Will Do More Damage to the U.S. Dollar in a Boomerang

August 24, 2025 Clark Savage

In a bold move echoing his first-term trade policies, President Donald Trump has imposed tariffs and sanctions on India, targeting its massive imports of Russian crude oil. These measures, including a 25% tariff on certain […]

Chevron’s platform
Big Oil Companies

One person missing following fire on Chevron’s platform off Angola

May 22, 2025 Mariel Alumit

The Angolan National Agency for Oil, Gas and Biofuels has revealed that one person was missing following a fire on Chevron’s deepwater Benguela Belize Lobito Tomboco (BBLT) oil platform. The fire broke out on May […]

Which Energy Markets are Moving
Big Oil Companies

Fire at Chevron’s oil platform off Angola injures 17

May 21, 2025 Mariel Alumit

A fire at Chevron’s deepwater Benguela Belize Lobito Tomboco (BBLT) oil platform off Angola left 17 injured, including four critically. The fire broke out around 3 am local time in the basement of the multi-story […]

Big Oil Companies

New rig deals boost Valaris backlog to $4.2bn

May 1, 2025 Stu Turley

ENB Pub Note: Interesting update from Valaris for ExxonMobil. The unit is offshore Cyprus and may be heading to Angola. The offshore business is one we are tracking as global oil demand is expected to […]

Angola’s
Rare Earth Minerals

De Beers expands presence in Angola’s diamond sector

February 6, 2024 Stu Turley

  De Beers, the world’s largest diamond producer by volume, has inked a series of agreements with the Angolan government, including one with state-owned diamond miner Endiama, covering processing and exploration prospects. The pacts between the […]

Angola
Crude Oil News

Angola quit OPEC to sustain oil production above 1MMbpd, top official states

January 8, 2024 Mariel Alumit

(Bloomberg) – Angola quit OPEC because its quota limits hindered the country’s plans to stabilize crude production above 1 MMbpd, according to the country’s top oil official. The African nation’s December exit from OPEC came […]

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