Angola's capital city, Luanda
Angola promotes E&P prospects
The country continues to roll out a busy programme in the hope of reversing the recent decline in its upstream sector
Angola is following up recent fiscal and regulatory reforms by offering more blocks for exploration. And at least some IOCs have reaffirmed their commitment to the country even while pursuing wider policies of decarbonisation and divestment. Angolan energy regulator the ANPG expects to award more than 25 fresh concessions by 2025, matching the number awarded since the start of 2019. The regulator anticipates that a total of eight blocks will have been awarded offshore in the Lower Congo and Kwanza basins by the end of this year. Some of those eight have already been assigned, while other tenders are ongoing. Inland basins will be evaluated and divided into blocks next year so that, by the en
Also in this section
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution
