Angola

Angola's state-controlled Sonangol has awarded a front-end engineering and design (FEED) contract for a new refinery to US engineers KBR.

Sub-Saharan Africa's two largest crude oil producers have both announced output figures substantially below capacity. Angola announced that output had fallen to between 1.6mn and... 2008-10-16

Italian major Eni and Angolan state-controlled company Sociedade Nacional de Combustíveis de Angola (Sonangol) have struck a 127 metre (m) oil column with the Ngoma-1 well drilled... 2008-10-15

Brazilian state-controlled oil major Petróleo Brasileiro (Petrobras) will conduct seismic tests for subsalt oil deposits in Angola, according to a company executive.

After Marathon Oil received a top bid of US$1.8bn for a 20% stake in Angola's deepwater Block 32, the company is now hoping to push the price higher to US$2bn, according to sources... 2008-08-14

US major ExxonMobil's Angolan subsidiary Esso Exploration Angola has started oil production at the Saxi and Batuque fields, part of the Kizomba C development located on Block 15,... 2008-08-13

Houston-based oil producer and refiner Marathon Oil is selling a 20% stake in Angola's deepwater Block 32. The stake is expected to fetch around US$2bn and has sparked a flurry of... 2008-08-11

Sociedade Nacional de Combustíveis de Angola (Sonangol) has given British major BP and its partners permission to develop a series of deepwater oil discoveries in Angolan's offshore... 2008-07-29

Angola may re-launch its delayed licensing round in 2009, according to a senior energy official.

Saudi Arabia has announced that it will boost output to 9.7mn barrels per day (b/d) in July. This would represent a rise of 550,000b/d since April and would increase Saudi's production... 2008-06-16