Coordinates: 12°30′S 18°30′E / 12.500°S 18.500°E / -12.500; 18.500

Angola /æŋˈɡlə/, officially the Republic of Angola (Portuguese: República de Angola pronounced: [ɐ̃ˈɡɔlɐ]; Kikongo, Kimbundu and Umbundu: Repubilika ya Ngola), is a country in Southern Africa. It is the seventh-largest country in Africa, and is bordered by Namibia to the south, the Democratic Republic of the Congo to the north, Zambia to the east, and the Atlantic Ocean to west. The exclave province of Cabinda has borders with the Republic of the Congo and the Democratic Republic of the Congo. The capital and largest city is Luanda.

Although its territory has been inhabited since the Paleolithic Era, modern Angola originates in Portuguese colonization, which began with, and was for centuries limited to, coastal settlements and trading posts established from the 16th century onwards. In the 19th century, European settlers slowly and hesitantly began to establish themselves in the interior. As a Portuguese colony, Angola did not encompass its present borders until the early 20th century, following resistance by groups such as the Cuamato, the Kwanyama and the Mbunda. Independence was achieved in 1975 after a protracted liberation war. That same year, Angola descended into an intense civil war that lasted until 2002. It has since become a relatively stable unitary presidential republic.

Latest News for: Angola oil


Top 10 Moments from Angola Oil & Gas Since its Inception

APO 22 Mar 2023
Representing the country’s premier event for the oil and gas sector, the Angola Oil & Gas (AOG) conference and exhibition (https.// has celebrated several major milestones since the first edition took place in 2019 ... João Lourenço, President of the Republic of Angola....

Nigeria’s Oil Rigs Count Stagnates, Despite February Crude Production Growth

This Day 21 Mar 2023
Despite adding about 48,000 barrels per day in February, Nigeria’s oil rigs count stagnated at 13 during the month, THISDAY analysis of the latest data released by the Organisation of Petroleum Exporting Countries (OPEC) has revealed ... In Africa, Algeria had 31 while Angola had nine oil rigs as of February....

Top 5 Reasons why Angola Remains Africa’s E&P Hub

Business Ghana 20 Mar 2023
Angola’s hydrocarbon market ... These include separate bilateral agreements signed with Zambia, the Democratic Republic of the Congo and Senegal for oil and gas supply; pipelines such as the Angola-Zambia Oil Pipeline; and networks such as the Central African Pipeline System....

ANGOLA : AEG Fuels claims its due from Angolan Air Force

Africa Intelligence 17 Mar 2023
Both the US subsidiary of Angola's state oil company ......

Hope Rises for Nigeria as Shell Lifts Force Majeure on 250,000bpd Bonny Export Terminal

This Day 16 Mar 2023
The country’s oil output had dropped to an all-time low of 900,000bpd in August 2022, leading to Nigeria’s knockout at some point as Africa’s largest oil producer by Angola, according to the Organisation of the Petroleum Exporting Countries’ (OPEC) Monthly Oil Market Report for September 2022....

OPEC+ Oil Production Up by 160,000 Bpd in Feb, Falling Short of Quota by 1.7Mln ...

Urdu Point 15 Mar 2023
Russia, because of sanctions, pumped 570 kb/d below quota, while Nigeria, Angola and Malaysia are trailing due to operational issues," the report read ... Output in Kazakhstan, Angola and Iraq declined due to maintenance and unplanned outages," the report said....

On this day in history, March 15

Independent online (SA) 15 Mar 2023
Britain rejects a US offer to mediate an end to the Boer War; Julius Caesar is stabbed to death; the two Germanys are to merge and a deadly attack in New Zealand leaves many dead. 44BC ‘Beware the Ides of March ... 1988 Angola releases the bodies of two South African commandos who were killed in a raid on the Cabinda oil depots three years earlier ... ....

CEO of Angola's new $1 billion Cabinda refinery sees 2024 start-up

Reuters 14 Mar 2023
"The government of Angola wants it ... Around 90% of the equity financing for the plant has been raised by UK-based investment group Gemcorp, mainly from African financial institutions such as Afreximbank, with the remaining 10% provided by Angola's state oil group Sonangol....

Nigeria's Oil Production Booming in 2023 as Gov't Efforts to Boost Crude Output Pay Off

Sputnik 14 Mar 2023
In August 2022, Nigeria's oil production dropped to 972,000 bpd, falling back to Africa’s second-largest oil producer and supplier after Angola, whose oil output hit 1.088 million bpd in the same month. However in late 2022, the country's oil sector revived thanks to the government's efforts to boost production and manage the problem of oil theft....

OPEC keeps its forecast of world oil demand growth unchanged for 2023

Anadolu Agency 14 Mar 2023
The Organization of Petroleum Exporting Countries (OPEC) kept its forecast of global oil demand growth unchanged for 2023 ... - Global oil supply increases in February ... During this period, crude oil production in OPEC increased the most in Nigeria and Saudi Arabia, while production in Angola and Iraq declined....

Spot Trade Muted, Angola Reduces Offer Levels Again

Hellenic Shipping News Worldwide 12 Mar 2023
Angola’s state oil company Sonangol reduced its offers for April .......

How Bhutan graduated from the 'Least Developed Country' status

Indian Express 12 Mar 2023
What is a Least Developed Country (LDC)? The LDCs are developing countries listed by the UN that exhibit the lowest indicators of socioeconomic development ... Currently, the UN lists 46 countries that qualify as LDCs ... Additionally, petroleum oils make up about 60 per cent of Angola's exports to China, and they too are not subject to any LDC privileges....

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