Category archives for: Oil & Gas

Nigeria women oppose government on oil production

Nigerian women protest resumption of oil production at the Niger Delta

from EMEKA OKONKWO in Abuja, Nigeria ABUJA, (CAJ News) – SOME women in the volatile southeast Nigeria have rejected plans by the government to resume oil production in the region. The plans to resume oil extraction come as communities still battle environmental degradation and killing of activists by the then military regime over 20 years […]

Angola saving face after OPEC cuts extension

OPEC member states

from PEDRO AGOSTO in Luanda, Angola LUANDA, (CAJ News) – TO the uninitiated, Angola is in support of the extension of the deadline for oil production cuts set by Organisation of Petroleum Exporting Countries (OPEC) and non-member countries by another nine months. However, the prevailing headwinds in the sector indicates the “welcome”, coming at a […]

EXCLUSIVE: Divisive tax latest twist to plummeting Angolan economy

Sonangol

from PEDRO AGOSTO in Luanda, Angola LUANDA, (CAJ News) – THE controversial introduction of Value Added Tax (VAT), a move government is pushing through to boost tax collection from consumption amid decreasing revenues of oil, is the latest turn to a freefalling Angolan economy. Initially set for July 1, the imposition of the tax has […]

EXCLUSIVE: New administration fails to inspire comatose Angola economy

Angola President João Lourenço

from PEDRO AGOSTO in Luanda, Angola LUANDA, (CAJ News) – BALLOONING government debt, downward revision of the country’s economic growth as well as a plummeting oil industry, the Angolan economy is in dire straits. A government led by a president that came to power on a campaign premised offering Angolans an “economic miracle” is exacerbating […]

Equatorial Guinea entry to Portuguese bloc under spotlight

Oil and Gas Mozambique

from JEAN OSCAR-PIERRE in Malabo, Equatorial Guinea MALABO, (CAJ News) – THE Community of Portuguese Language Countries (CPLP) is exploring the capacity of the oil and gas industry in Equatorial Guinea, its newest member. This has been among the highlights of the Monitoring Mission of the Equatorial Guinea Adhesion Programme to the organisation, which concluded […]

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