Angolan refining poised for expansion
Work is set to begin on a new greenfield refinery in the north of the country, with other developments also seeing progress
Angola has announced various refining projects over the last 20 years or so with little or no physical progress. However, a 2019 deal between state-owned Sonangol and Italy’s Eni is beginning to produce results. The agreement includes refurbishing the 56,000bl/d Luanda facility near the capital and the development of two new refineries—Soyo and Cabinda—that have been on the drawing board in various iterations for years. Although it is Africa’s second-largest crude producer—with output of 1.3mn bl/d—Angola’s downstream sector has lagged. Throughput is limited to the ageing Luanda facility and the 16,000bl/d Malongo topping unit run by Chevron in the Cabinda exclave, and Luanda’s functional ca
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks