Angola begins production at a strategic gas project in Benguela province, capable of supplying 600 million standard cubic feet per day, addressing growing energy demand and supporting economic diversification.
Angola begins production at a strategic gas project in Benguela province, capable of supplying 600 million standard cubic feet per day, addressing growing energy demand and supporting economic diversification.
Angola adopts legislation to revitalize its mature oil fields. The goal: stabilize production above one million barrels per day through fiscal incentives and strategic investments.
Angola adopts legislation to revitalize its mature oil fields. The goal: stabilize production above one million barrels per day through fiscal incentives and strategic investments.
OPEC+ adopts online meetings, centralizing the decision-making process. This transition raises questions about transparency and tensions among producers facing increasing pressure in the oil market.
OPEC+ adopts online meetings, centralizing the decision-making process. This transition raises questions about transparency and tensions among producers facing increasing pressure in the oil market.
Despite pressure on refining margins, Africa is accelerating refinery projects to meet growing demand and enhance energy security, while facing competition from global giants.
Despite pressure on refining margins, Africa is accelerating refinery projects to meet growing demand and enhance energy security, while facing competition from global giants.
African economies dependent on oil are stagnating, growing at half the rate of the rest of the region. The IMF highlights a lack of diversification and investment as key factors behind this lag.
African economies dependent on oil are stagnating, growing at half the rate of the rest of the region. The IMF highlights a lack of diversification and investment as key factors behind this lag.
Baker Hughes recorded revenues of $6.9 billion in Q3 2024, with a 23% increase in adjusted EBITDA and a net income of $766 million, confirming the strength of its performance in an uncertain economic environment.
Baker Hughes recorded revenues of $6.9 billion in Q3 2024, with a 23% increase in adjusted EBITDA and a net income of $766 million, confirming the strength of its performance in an uncertain economic environment.
The 600 MW renewable hydrogen project in Angola, initiated by CWP Global in partnership with Sonangol, Gauff, and Conjuncta, aims to harness excess hydroelectric energy to meet the global growing demand for decarbonized energies.
The 600 MW renewable hydrogen project in Angola, initiated by CWP Global in partnership with Sonangol, Gauff, and Conjuncta, aims to harness excess hydroelectric energy to meet the global growing demand for decarbonized energies.
Ithaca Energy has acquired the majority of Eni's British oil and gas assets, thereby consolidating its position in a region undergoing significant changes.
Ithaca Energy has acquired the majority of Eni's British oil and gas assets, thereby consolidating its position in a region undergoing significant changes.
The global gas balance remains precarious in 2024, with modest LNG production growth despite record demand. Geopolitical tensions sustain price volatility in European and Asian markets.
The global gas balance remains precarious in 2024, with modest LNG production growth despite record demand. Geopolitical tensions sustain price volatility in European and Asian markets.
TotalEnergies announces an increase in its oil and gas production until 2030, despite pressures to reduce fossil fuels. CEO Patrick Pouyanné defends this strategy amid climate challenges.
TotalEnergies announces an increase in its oil and gas production until 2030, despite pressures to reduce fossil fuels. CEO Patrick Pouyanné defends this strategy amid climate challenges.
