Participants in Angola's oil industry are hoping political reforms can launch a new era after recent price slumps helped knock production down to a decade low.
France’s Total, the premier operator in Africa’s second-largest oil producer after Nigeria with output of 650 000 barrels per day, confirms as much. With oil Angola’s primary resource, that was an overriding priority given that production of “black gold” last year slid just below 1.5 million bpd, its lowest level for 10 years – the consequence of low prices and a freezing of new projects.
Brusco says he served on a committee to deliver proposals to that effect “and the government endorsed those proposals.”
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Retrenchments looming at MultiChoice - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.MOST READ: Retrenchments looming at MultiChoice Broadcaster MultiChoice has announced that it will be shedding more than two-thousand jobs in a retrenchment drive. The bulk of affected employees are in the call and service centres. And the so called president says he will create joba This is as a result of MYANC economic and political policies. CR better start sorting out this economy..... Netflix 🤔?
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