Oil Production: 1.12M bpd ▼ -3.2% vs 2024 | Brent Crude: $78.40 ▲ +2.1% MTD | Energy GDP Share: 28% ▼ -2pp vs 2023 | FDI Inflows: $4.8B ▲ +12% vs 2024 | Refining Capacity: 310K bpd ▲ Cabinda + Lobito | Renewable Target: 7.5 GW ▲ by 2030 | Credit Rating: B3/B- ▲ Moody's / Fitch | Inflation: 22.4% ▼ -6pp vs 2024 | Oil Production: 1.12M bpd ▼ -3.2% vs 2024 | Brent Crude: $78.40 ▲ +2.1% MTD | Energy GDP Share: 28% ▼ -2pp vs 2023 | FDI Inflows: $4.8B ▲ +12% vs 2024 | Refining Capacity: 310K bpd ▲ Cabinda + Lobito | Renewable Target: 7.5 GW ▲ by 2030 | Credit Rating: B3/B- ▲ Moody's / Fitch | Inflation: 22.4% ▼ -6pp vs 2024 |

Analysis

Independent analysis of Angola's energy sector.

Angola’s energy sector is undergoing a structural transformation driven by declining mature field output, new deepwater discoveries, an expanding LNG portfolio, and the early stages of a renewables buildout. This section delivers independent, evidence-based analysis of every dimension of that transformation — from upstream production dynamics and OPEC+ compliance to downstream refining capacity and the regulatory frameworks governing foreign operator participation.

Market Overview

Comprehensive overview of Angola's energy sector.

Mar 3, 2026