LUANDA, May 4 – Despite colossal investment, Angola’s goal of pumping two million barrels of oil a day and even upstaging Nigeria as Africa’s largest producer remains a pipedream. To be sure, Angola’s oil industry is going gang-busters. State-owned oil firm Sonangol recently announced an $8-billion investment programme and began to flog ten on-shore concessions. […]
Read more here Capital News
Read more here Capital News