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Tag Archives: Angola

Helicopter crash off Angola kills 4, Chevron says

helicopter crash, Angola, Chevron

JOHANNESBURG (AP) — Chevron says four people were killed when a helicopter crashed on the way to an oil facility off the coast of Angola. A statement by the oil company says the helicopter left Cabinda province on Monday afternoon with five passengers and a pilot. Four of the five passengers were contractors, and the fifth was an employee of ...

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Nigerian oil production drops after militant attacks

militant attacks, oil production, Nigeria

LAGOS, Nigeria (AP) — Militant attacks on oil installations and a threatened nationwide strike are driving Nigeria’s petroleum production and its naira currency to new lows. Angola has become Africa’s biggest oil producer as Nigeria’s output slumped to 1.4 million barrels a day, Oil Minister Ibe Kachikwu said Monday, endangering a budget based on production of 2.2 million barrels. Angolan ...

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Chevron vows to use ‘lessons learned’ after Angola LNG missteps

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Ernest Scheyder | Reuters MINNEAPOLIS – A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp’s reputation as a top-notch operator of profitable energy projects around the world. Chief Executive Officer John Watson vowed Chevron will learn from the stumbles, which include multiple electrical fires, pipeline leaks, and even a worker’s death after ...

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Chevron vows to use ‘lessons learned’ after Angola LNG missteps

A Chevron gas station sign is pictured at one of their retain gas stations in Cardiff, California October 9, 2013. REUTERS/Mike Blake

Ernest Scheyder MINNEAPOLIS (Reuters) – A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp’s reputation as a top-notch operator of profitable energy projects around the world. Chief Executive Officer John Watson vowed Chevron will learn from the stumbles, which include multiple electrical fires, pipeline leaks, and even a worker’s death after a ...

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Insight-Better late than never, Germany joins new scramble for Africa

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By Stephen Brown BERLIN, May 28 (Reuters) – German industry’s representative in Angola, Ricardo Gerigk, has a tough job drumming up business in Luanda, the costliest city in the world for expats, where contracts tend to go to firms from China, Portugal and other countries with a bigger presence. Although Angola has dynamic growth and a wealth of resources including oil, ...

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