Iraq has approved major contract items for Eni's giant oilfield project in its south, just hours after the Italian company threatened to pull out if red tape was not cut and Angola's Sonangol quit projects in the north due to security co
Emirates will operate a daily service to Luanda, Angola’s capital city, starting December 1, with the addition of four extra flights per week.
The move to daily flights will add just over 1,600 more seats per week, giving An
Seaborne oil exports from Organization of the Petroleum Exporting Countries (Opec), excluding Angola and Ecuador, will fall by 20,000 barrels per day (bpd) in the four weeks to July 7, said an analyst.
Exports will reach 23.92 million bpd
Dubai Cares, a UAE-based philanthropic organisation, will donate Dh3.67 million ($1 million) for a school-based de-worming programme that will treat children under the age of 14 in Angola.
Dubai Cares has partnered with The END Fund, the w
Opec output fell to a 23-month low in April as extra oil from Saudi Arabia and Nigeria did not make up for supplies lost due to fighting in Libya and oilfield maintenance in Angola, a Reuters survey has found.
Supply from all 12 members of
Dubai-based Depa Limited, one of the leading interior contracting companies, said it has clinched a Dh220 million ($60 million) interior fit-out and furniture, fixtures and equipment (FF&E) contract for a five star hotel and casino in Ang
Exxon Mobil Corporation, through its affiliate, Esso Exploration Angola (Esso Angola), has announced $3.5 million in grants for public health and education programs in Angola.
The ten grants, provided by the ExxonMobil Foundation, are aime
Opec slightly raised its forecast for world oil demand growth in 2010 ahead of the group's policy-setting meeting in Angola next week, but in a report on Tuesday said market fundamentals could be weak for the next two quarters.
Oil ministers from Arab producers are comfortable with current crude prices and several see no need for Opec to change its output targets when it meets in Angola this month.
Oil has rallied to above $76 a barrel, around the level leading e
The International Monetary Fund is recommending a 27-month $1.3 billion loan programme for Angola, a senior IMF official said on Saturday.
'We are recommending $1.3 billion as the amount under that stand-by agreement,' IMF Director