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In default on all of its oil-backed loans, SNPC is nonetheless seeking a last-chance handout. [...]
The Italian major is relentlessly tightening its grip on various sedimentary basins in Congo. In doing so it can count on the assistance of eager supporters in government in Brazzaville and it plans to profit from that support to fatten [...]
The country's oil resources provide the Republic of Congo's president with an effective way to buy peace and quiet among those closest to him. [...]
Having fallen out with the Russian-Swiss oil trader Gunvor, SNPC sales chief Denis Christel Sassou Nguesso has teamed with other trading companies in Congo-B. [...]
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