Kwanza

Angola Reaching Oil&Gas Production Targets

Angolan state oil company Sonangol has found oil and natural gas reserves in the basins of the Kwanza and Congo rivers that may total 2.2b boe. The reserves, if they are confirmed, are sufficient to produce 2mb/d for ...

Angola Economy Reeling from Low Oil Prices

Angola, Africa’s largest crude producer after Nigeria, is facing extreme austerity measures as it deals with the fallout of low oil prices, reported Bloomberg.

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