LONDON, May 21 -- Angola's oil production could climb to 1 million b/d this year or next as a number of the West African state's headline deepwater offshore development projects come on stream, a ...

Luanda — National Oil Company Sonangol has started construction of the second oil tanker to strengthen its fleet , ANGOP learnt on Wednesday. In its press note, the company informs that the ...

Angola’s state-run oil giant Sonangol has announced a gas discovery in the offshore Kwanza basin, a discovery estimated to hold 813 million barrels of oil equivalent ...

Angola's state oil giant Sonangol plans an initial public offering of up to 30% of its capital on the country's BODIVA bourse by 2027, and then a listing of its shares on an international stock ...

Sonangol, the refinery’s operator and majority owner, is Angola’s national oil company. The national oil company was the principal steward and sole concessionaire of Angola’s vast subsurface ...

Angola has named billionaire former first daughter Isabel dos Santos as a suspect over alleged mismanagement and misappropriation of funds while she was chairwoman of Sonangol in 2016-2017.

Total SA (FP.FR) said Monday that it signed two agreements with Angola's state oil company, Sonangol, covering upstream and downstream activities. The two companies signed a risk-service agreement ...

Angola's state oil company Sonangol and Exxon Mobil on Friday signed a memorandum of understanding for oil exploration in the country's Namibe basin, the two firms said.

Total has been present in Angola since 1953 and is the leading oil operator in the country. The group’s production stood at 243,000 barrels of oil equivalent per day in 2016, with output ...

This article is for subscribers only. Sonangol EP, the state-run oil company in Angola, is seeking $1 billion in cost savings by the end of the year to help cope with plunging crude prices.

Angola, Africa’s second-largest oil producer behind Nigeria, pumped 1.65 million barrels per day last year, 5.7 percent less than 2010, earning the company $33.7 billion as oil prices above $100 ...

The state-run Angola National Fuel Society (Sonangol) and the Italian oil exploration company (ENI), announced Friday here the discovery of crude oil in deep water of block 15/06, in the Angolan ...