Tag: oil sector
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Angola Turns to China for $4.8 Billion Refinery Loan
Angola’s state oil company, Sonangol, is seeking a $4.8 billion loan from Chinese lenders to finance the long-delayed Lobito refinery, reinforcing Luanda’s continued reliance on Beijing for large-scale energy infrastructure funding. The project aims to reduce Angola’s dependence on imported fuel ...
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U.S. Warns on Chinese Energy Role During High-Level Venezuela Visit
U.S. Energy Secretary Chris Wright urged expanded American investment in Venezuela’s oil and gas sector during the highest-level U.S. energy-focused visit to the country in nearly three decades, following its invasion in January. He cautioned Venezuelan leaders against what Washington frames as ...
File image of a worker cleaning solar panels installed on the roof of the traditional Gedhe market in Klaten, Central Java. China’s $180 billion clean tech push is reshaping the Global South, with Indonesia a key test of who controls new green industries. (Photo: DEVI RAHMAN / AFP)
By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
Angola Turns to China for $4.8 Billion Refinery Loan
Angola’s state oil company, Sonangol, is seeking a $4.8 billion loan from Chinese lenders to finance the long-delayed Lobito refinery, reinforcing Luanda’s continued reliance on Beijing for large-scale energy infrastructure funding. The project aims to reduce Angola’s dependence on imported fuel ...
U.S. Warns on Chinese Energy Role During High-Level Venezuela Visit
U.S. Energy Secretary Chris Wright urged expanded American investment in Venezuela’s oil and gas sector during the highest-level U.S. energy-focused visit to the country in nearly three decades, following its invasion in January. He cautioned Venezuelan leaders against what Washington frames as ...