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New Major Oil Discovery in Angola Deep Offshore

Green Car Congress

An Eni-led consortium announced a new major oil discovery in Block 15/06 in the deep offshore of Angola. Initial evaluations indicate that the discovery holds material volumes of oil in place of high quality, Eni said. 5%) and Statoil Angola Block 15/06 Award AS (5%).

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Pensana plans $125M rare earth separation facility in England

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The Saltend plant would purify rare earth sulfates, which would be imported from the company’s Longonjo mine in Angola. Angola is focused on diversifying its economy away from depending on oil, gas and diamonds, towards tourism, agriculture and value-added resource development.

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