Trouble at the top for Angola
A change of political leadership has had a more far-reaching impact on the country's oil sector than anticipated
The speed and extent of moves by Angola's new president, João Lourenço, to draw a line under the controversial rule of his predecessor, José Eduardo Dos Santos, have taken many by surprise. The actions could prove positive for the oil industry—if he can carry reforms through. When Lourenço was elected last September, following Dos Santos' decision not to stand for re-election after almost four decades in power, it was widely expected that the new president would do little to unsettle the country's ruling elite. He was instead expected to focus on solving the country's escalating economic crisis and seeking to attract fresh investment to the oil sector that accounts for more than 95% of forei
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
