Tag: Angola
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Angola Exploration License Extensions Could Spur Oil Sector Recovery (By Grace Goodrich, Field Editor)
Prior to the onset of COVID-19 and OPEC-led production cuts effective May 1, Angola was set to see a rise in production. In February,...
Without Governments’ Flexibility on Oil Personnel Movements, Oil and Gas Production Across Africa Will Be Severely Impacted
Some charter flights with oil industry personnel and medical equipment’s have been allowed to land a few oil-producing countries like Nigeria, Angola, Equatorial Guinea...
Angola set to attract more Foreign Direct Investment (FDI) into Oil and Gas; Part-Privatization of Sonangol by 2022 a key measure
LUANDA, Angola, February 4, 2020/ -- Government reforms in oil sector including at national oil company SONANGOL already yielding positive results, with 30 percent...
IMF’s $3.7 billion loan to Angola the largest in Sub Saharan Africa
The International Monetary Fund (IMF) loan of $ 3.7 billion to Angola is the largest loan made available to a sub-Saharan African country, the...
Petroleum industry reforms set Angola on path to growth in 2019
Angola’s economy is set for recovery in 2019, in large part due to a series of regulatory reforms opening the country to new investment.
Since...
