Industry
Highlights
ANPG announces works for bidding for blocks in the Cuanza basins
The National Agency of Petroleum, Gas and Biofuels (ANPG) announced this Monday that the bidding processes for blocks in the Cuanza Basins, known as the 2020/21 round, are being finalized as part of the execution of the General Concession Strategy.
Fitch: oil production falls 20 percent without new investments
The consultancy Fitch Solutions considers that oil production in Angola could fall by almost 20 percent by the end of the decade, to 1 million barrels per day, if no new investments are made in the oil sector.
Ambassador says diamonds make Angola-India relations brighter
India, one of Angola's main trading partners, is betting on the diversification of economic relations with the country, mainly focused on oil, and also betting on attracting investors to other sectors such as diamonds.
