Page 2 – Angola Newswire

February 11, 2022

Powering African Countries with domestic gas is advantageous than importing Liquefied Natural Gas (LNG) says Impact Oil & Gas Chief Executive Officer (CEO)

Published by
TDPel Media

Despite being blessed with abundant oil and gas resources, Africa’s production has been on the decline, representing a challenge for the continent as it moves to initiate a COVID-19 economic recovery and address energy poverty. With exploration restricted due to reduced capital for fossil fuel projects and the transition away from hydrocarbons, the continent needs to act now if it is to reap the benefits of its oil and gas resources. What will this production underperformance in Nigeria, Libya, Angola, The Republic of the Congo, Equatorial Guinea and African countries mean for the continent as… Continue reading “Powering African Countries with domestic gas is advantageous than importing Liquefied Natural Gas (LNG) says Impact Oil & Gas Chief Executive Officer (CEO)”

January 27, 2022

NBBF: Leave the Ministry Alone ! Ejike Ugboaja, Gumut misguided

Published by
TDPel Media

Minister’ Aide Reacts The recent media attack and misinformation aimed at blackmailing the Ministry by some players viewed against the backdrop of Nigeria’s recent ban from the lucrative basketball league Africa is very sad and unacceptable. One begins to wonder what the interest to this players are. Why do they think the Ministry should take sides ? Since September the Ministry has worked hard to resolve the NBBF issue to no avail. Ministry even suspended the October 30 election. FIBA stepped with a stern warning and series of lettersto the Ministry and the Minister. It frowned at government … Continue reading “NBBF: Leave the Ministry Alone ! Ejike Ugboaja, Gumut misguided”

December 20, 2021

OPEC+ produces below target in November as compliance rises

Published by
Reuters UK

LONDON (Reuters) – OPEC+ compliance with oil production cuts rose to 117% in November from 116% a month earlier, two sources from the group told Reuters, indicating production levels remain well below agreed targets. Compliance from the 10 OPEC countries participating in the production cuts reached 122%, with participating non-OPEC countries achieving 107%, data seen by Reuters showed. The International Energy Agency (IEA) said in its December oil market report that OPEC+ missed its production targets by 650,000 barrels per day (bpd) last month, compared with 730,000 bpd in October. [IEA/M] Th… Continue reading “OPEC+ produces below target in November as compliance rises”

December 15, 2021

Turkey deepens Africa defence ties amid interest in drones

Published by
Al-Araby

Armed with battle-tested drones, Turkish President Recep Tayyip Erdogan has been deepening defence ties with African countries ahead of a major gathering of the continent’s leaders in Istanbul. The two-day Turkey-Africa partnership summit starting on Friday comes fast on the heels of a top-level business forum in October that focused on investment and trade. The next phase of this fast-blossoming relationship is security, experts say, with a host of African leaders looking to buy up military hardware at cheaper prices and with fewer strings attached. Leaders and top ministers from 39 countries… Continue reading “Turkey deepens Africa defence ties amid interest in drones”