Angola’s oil production fell below 1 million barrels per day in July, missing government forecasts and highlighting ongoing ...

By Wendell Roelf CAPE TOWN, August 14 (Reuters) -Optimistic over Angola’s untapped gas potential, Azule Energy is considering ...

Angola is making a significant pivot towards natural gas development and exports as a key driver of its economy, with recent major discoveries and new projects signaling a transformative shift from ...

Barkindo’s visit to Angola was his first in his capacity of secretary general of OPEC, and comes shortly after Angola joined the Gas Exporting Countries Forum as a new member and as the country ...

Azule Energy, a company optimistic about Angola's gas potential and having had success with its first gas drilling campaign last ...

Africa is set to add 1.2 million barrels per day (bpd) of new refining capacity by 2030, marking one of the fastest downstream expansions globally, according to the newly released 2025 OPEC World Oil ...

At the forefront of Africa’s refining expansion is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and is already reshaping regional fuel trade dynamics. Further developments ...

Angola, which emerged from the war to rival Nigeria as Africa's biggest oil producer, has pumped around 1.75 million barrels per day (bpd) in the first three months of the year, above its OPEC ...

At the centre of this transformation is Nigeria’s 650,000-bpd Dangote Refinery, which began operations in 2024 and has already started reshaping West Africa’s fuel trade.

Angola has said its target set by the group is 1.656 million bpd. An OPEC internal document widely quoted by industry sources suggests Angola's limit is 1.52 million bpd.

As Angola prepares to take over the presidency of OPEC on Jan. 1, OPEC watchers expect the country to bring a moderating, pragmatic voice to OPEC's fractious politics.

The OPEC weak (Venezuela, Nigeria, Angola, Algeria, Qatar) have witnessed a decade of production decline (Figure 3). Their quotas therefore are symbolic since natural decline would waste their ...