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oil

Angolan Minister Calls for Joint Measures to Curb Falling Diamond Priced

February 28, 2025 Geraldine Boechat 0

Angola’s Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, has called on Thursday February 27 for collective efforts to address the decline in global […]

World Bank Report Highlights Ghana’s Vulnerability to Global Economic Shocks

February 14, 2025 Steven Addamah 0

A recent World Bank report has warned that Ghana remains highly vulnerable to global economic shocks, largely due to its reliance on oil-driven growth and […]

Ghana to stop Gold-for-Oil Deal Over Lack Of Transparency

February 5, 2025 Steven Addamah 0

Energy Minister John Abdulai Jinapor has expressed concerns over the lack of transparency within the Gold-for-Oil (G4O) programme, labelling it opaque and unclear for future […]

Libya: NOC reports daily oil production of 1.68 million barrels

January 20, 2025 Geraldine Boechat 0

The Acting Chairman of the National Oil Corporation (NOC), Masoud Suleiman, provided an update to the Prime Minister of the Government of National Unity, Abdul […]

Brazilian Petrobras Eyes Big Oil Prize in Namibia’s Waters

September 25, 2024 Steven Addamah 0

Brazil’s oil giant Petrobras is making waves in Namibia, eyeing a whopping 40% stake in the coveted Mopane oil and gas block. It is not […]

Niger Faces Economic Hardship as Ramadan Starts with Skyrocketing Prices

March 13, 2024 Geraldine Boechat 0

As Ramadan unfolds in Niger, the populace grapples with exorbitant prices, rendering essential commodities increasingly unaffordable. The recent transition of power has left the nation’s […]

Angola’s oil revenues fall by more than 20% in 2023

January 25, 2024 Geraldine Boechat 0

Angola’s oil revenues fell 21.3% in 2023 compared to the same period in 2022, reflecting the drop in the average price of a barrel and […]

Angola expects to raise 2 billion ME in year of implementation of single income tax

December 28, 2023 Geraldine Boechat 0

The Angolan state expects to raise 2 billion kwanzas (2.1 billion euros) in the year of implementation of the Single Tax on Corporate Income (IRPC), […]

Angola withdraws from OPEC in disagreement with oil quotas

December 22, 2023 Steven Addamah 0

Angola has decided to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), against a backdrop of disagreement over oil production quotas, deeming it […]

Angola inaugurates second phase of 39ME gas project in Soyo

December 15, 2023 Geraldine Boechat 0

Sonangol inaugurated Thursday December 14 the second phase of the Falcão project, an investment of 42.8 million dollars (38.9 million euros) that will supply gas […]

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