Angola

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

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OPEC says no to Biden on boosting oil production

Russia Today 01 Dec 2021
According to the survey published on Tuesday, the group’s crude oil production rose by 220,000 barrels per day, 13% short of the boost that OPEC should be providing ... While OPEC’s major producers Saudi Arabia and Iraq complied with their production boost quota in November, Angola, Gabon, and Equatorial Guinea failed to pump more oil....
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Chinese corporation making a difference in Angola

China Daily 30 Nov 2021
The subsidiary of State-owned China Railway Construction Corp completed the Moxico Oil and Gas Railway Transport Special Railway Line in eastern Angola in mid-October ... Sonangol EP, Angola's State-owned oil company, was involved in the railway's planning and construction and it will be managed by the nation's Benguela Railway Co....
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Saudi, Bahrain, Sudan ban flights from African countries over COVID variant

Anadolu Agency 28 Nov 2021
The Saudi state news agency SPA, citing a source with the Interior Ministry, said direct flights were suspended with Malawi, Zambia, Madagascar, Angola, Seychelles, Mauritius and Comoros....
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Saudi Arabia, Bahrain ban flights from African countries over Covid variant

The Wire 28 Nov 2021
The Saudi state news agency SPA, citing a source with the Interior Ministry, said direct flights were suspended with Malawi, Zambia, Madagascar, Angola, Seychelles, Mauritius and Comoros....
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UK Stocks-Factors to watch on Nov 26

Reuters 26 Nov 2021
BP (BP.L) said it had started production at the Platina oilfield offshore Angola, helping Africa's second biggest oil exporter slow a decline in output ... * OIL. Oil prices slid more than 2% on concerns that a global supply surplus could swell in the first quarter following a ......
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Energy industry: Biden oil reserve release plan no solution to high costs, low supplies

Sierra County Sentinel 24 Nov 2021
(The Center Square) – President Joe Biden's plan to release 50 million barrels of oil from the Strategic Petroleum Reserve is no solution to rising gas prices and lower supplies, those in the industry and Republican critics argue ... Lipow, CEO of Houston-based Lipow Oil Associates LLC, told The Center Square in an email....
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The US hints at suppression of global oil prices

Business Day Online 24 Nov 2021
The current high global crude oil price suggests a window of advantage for oil-producing states to make as much revenue from oil exports ... Oil prices spike as OPEC+ favours gradual production increase ... Also, crude oil supply from Angola, Libya and Nigeria has been flat in 2021....
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Russia prioritises strategic relations with Africa

Independent online (SA) 21 Nov 2021
Notable developments are taking place in Zimbabwe (platinum group metals), Angola (diamonds), and Namibia (uranium). Russian state-owned energy companies such as Gazprom, Rustec and Rosatom are also active in Africa, with key investments in the oil, gas and nuclear sectors in Algeria, Egypt, Uganda, and Angola....
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Chief of Staff calls for action against piracy on West Africa’s waters

Business Ghana 21 Nov 2021
The new modus operandi of pirates, according to the Ghana Navy, is to kidnap seafarers and demand ransom, rather than simply hijacking oil vessels ... Again, the sub-region by virtue of its geographical location, has all the benefits of the Gulf of Guinea, including its stores of oil....
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Angola's oil exports revenue reaches 7.2 bln USD in Q3

Urdu Point 19 Nov 2021
Revenue from Angola's oil exports reached 7.2 billion U.S ... China is one of the destinations for Angola's oil exports, according to the official....
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