Last month, OPEC, a group of oil exporting developing nations, lowered the cap on Angola’s oil production. Now, the country says it will leave OPEC. Oil production in Angola has been falling for ...

LONDON — Angola announced Thursday that it's leaving the OPEC oil producers cartel, coming after it battled with the group over lower production quotas this year. Diamantino de Azevedo, the African ...

There seems to be a point of saturation when it comes to assessing Angola’s crude exports for the upcoming months – beyond a certain point it serves as no surprise that the forthcoming month is going ...

BW Energy has taken a major step into Angola’s offshore sector, striking a joint deal with Maurel & Prom (M&P) to acquire ...

Officials have been unhappy after the oil cartel, led by Saudi Arabia, pushed Angola and other countries to accept lower production ceilings. By Stanley Reed Reporting from London In a sign of ...

Production levels in Angola are expected to soar by 2020 following the country’s restructuring, including the reorganization of the state oil company Sonangol. In addition to a drastic revision of ...

It is quite rare for African national oil companies (NOCs) to liberalize, especially in countries that are heavily dependent on oil revenues. Yet Angola, whose stability was sent reeling by the oil ...

In recent years, Chinese international investment schemes have increasingly emphasized “green development” and a “Green Belt and Road,” with hydropower positioned as a climate-friendly alternative to ...