Petro de Luanda plays the 2023–24 season in the Angolan Basketball League and the Basketball Africa League (BAL) for a third straight season, as well as in two national cup competitions.
Domestically, Petro won the treble of the Unitel Basket, Angolan Cup and Supercup.
In the 2023 BAL season, Petro de Luanda were eliminated from title contention by AS Douanes in the semi-final.
They lost the third place game to Stade Malien from Mali.
Note: Flags indicate national team eligibility at FIBA-sanctioned events.