Angola

Angola's Oil Minister Desidério da Graça Veríssimo e Costa has acknowledged that the country's ambition to produce 2mn barrels of oil per day (b/d) by next year will be challenged... 2007-06-21

Australia's Roc Oil has announced a third offshore oil and gas discovery in the Perth Basin, off Western Australia. Further, the company has also publicised that it has spudded... 2007-06-13

French major Total and US independent Marathon Oil have announced discoveries at Cominhos-1 and the Louro-1 wells in ultra-deepwater offshore block 32 in Angola. The news further... 2007-05-22

UK based BP has announced its 13th discovery in Angola at Block

Italian major Eni 's Angolan unit has signed a Memorandum of Understanding (MoU) with Sonangol to purchase a 14% stake in Angola LNG .The MoU, the financial terms of which were... 2007-04-03

The chairman of Angola's state-controlled Sonangol has said he expects US$50bn of investment to flow into Angola's oil industry over the next six years to support the country's... 2007-03-12

A report in Reuters states that negotiations between Angolan state-owned oil company Sonangol and the state-controlled China Petroleum and Chemical Corporation (Sinopec) over... 2007-03-08

US major Exxon has stated that it plans to maintain the high tempo of capital investment (capex) over the medium term, with 20 new projects set for start-up by 2009.

French oil major Total has announced two oil discoveries in ultra deepwater offshore Angola. The company's eighth and ninth exploration wells in Block 32, which it operates with... 2007-02-09

BMI View: Chevron , the US-based international oil company (IOC) has announced a further 'significant' oil discovery in Angola's block 14, a deepwater concession that it operates... 2007-01-29