AGP Executive Report
Last update: 4 hours agoChevron’s Angola find: U.S. oil major Chevron says it has discovered oil and gas condensate at the 105-4X exploration well in Block 0 offshore Angola, reporting a column over 600 metres and more than 90 metres of net pay in the Pinda reservoir, with plans to assess whether it can be developed via a tie-back to nearby facilities. Telecom turnaround: Angola Telecom posted a major profitability jump in 2025, reaching net profit of AOA 14.2 billion after cost control and operational optimisation. Cybersecurity push: Angola’s National Assembly passed a new Cybersecurity Law to protect the digital space, critical infrastructure and information systems while supporting digital transformation in public administration and the economy. Catholic Church calls for action: Angola’s Apostolic Nuncio, Archbishop Germano Penemote, urged Angolans to strengthen justice, organise the economy and improve roads to better living conditions. Youth and faith messages: Catholic leaders also urged priests to serve without seeking “a position of advantage,” while National Youth Day ended with calls to reject violence and intolerance.
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