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The ruling MPLA party won’t be in any danger of losing power in legislative elections at the end of this year but the day is fast approaching when Luanda will have to give others as bigger piece of Angola’s oil [. [...]
In inaugurating its new Angolan field of Pazlor , which will pump 220,000 bpd, on November 22 Total found itself in the process of becoming Africa's biggest crude producer ahead of Exxon and Chevron. Africa has already been the major's [. [...]
The Sahara region still appears to draw oil companies. Despite Total’s letdown in Mauritania and the Taoudenni basin, and with only months before the Agadem block is due to start producing in Niger, new players like Tullow Oil are displaying [. [...]
Angola and its national oil company Sonangol are actively preparing for the future of their oil industry - and energy in general. Luanda is not only intent on profiting fully from the current spike in demand for oil and gas [. [...]
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