Luanda — Angolan state-owned oil company Sonangol said on Wednesday that it made a net profit of more than $750 million in 2025.
Sonangol also gave its oil and gas production as 217,000 barrels of oil equivalent per day at a press conference on its performance last year.
Angola is Sub-Saharan Africa’s second-biggest crude oil exporter and Sonangol its national oil company.
*Miguel Gomes; Anathi Madubela; editing: Alexander Winning – Reuters
