Angolan official media have reported from Luanda that Angola is leaving OPEC, following a meeting of the Council of Ministers, let by the president of the country, Joao Lourenco. The announcement ...

Angola faces a critical juncture as a 50% increase in diesel prices highlights the country's economic struggles and waning ...

Angola injected nearly $200mn to shore up a $1bn loan from JPMorgan that was backed by the country’s bonds, after the dollar ...

For African countries with hydrocarbon resources, a high rig count, the number of active drilling rigs operating for oil and gas, can be a potent indicator of development and opportunity. ・Business ...

"We believe for the time being there is no need for the Opec member countries to increase their production," he added. Barroso could not say whether Angola was losing market share in China to ...

Having lost Angola and other players in recent years ... NJ Ayuk, executive chairman of the African Energy Chamber, told Reuters that OPEC would like to see Namibia become a full member, adding ...

Total production from all 12 members, including Iraq which does not participate in OPEC output pacts and Angola which joined the group at the beginning of this year, rose by 80,000 b/d to 30.19 ...

If Angola remains in OPEC, it would be affected by consequences of the decision to observe production quotas, the minister said, adding that the country would have to reduce production in such case.

opec 2008 2010 2012 2014 2016 -40 -20 0 20 40 60 80 100 % Note: OPEC members include Algeria, Angola, Ecuador, Gabon, Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates ...