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CONGO

The SNPC overhaul creates rifts among the ‘clans'

The tense situation within several public companies, including the state oil company, is fuelling vicious in-fighting within the regime. [...] (354 words)

Issue dated 25/10/2017 Reading time 2 minutes

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Politics

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CONGO
Africa Oil &Gas Corp
Ben Kayas
Benjamin Makaya
Charles Alfred Sockaht
Clement Mouamba
Denis Gokana
Denis Sassou-Nguesso
Denis-Christel Sassou Nguesso
International Monetary Fund
Lucien Ebata
Orion Oil
Raoul Ominga
Societe Nationale d'Electricite
Societe Nationale de Distribution d'Eau
Société nationale des pétroles du Congo

Mercuria seeks deal on SNPC oil cargoes with Lucien Ebata's Orion

Congolese trading house Orion Oil is casting a wider net to find partners for the sale of the Congolese state oil. [...]

Orion chairman Lucien Ebata. © Lucien Ebata/LinkedIn

CONGO Politics 02/01/2019

Dissenting voices around Lucien Ebata

Sassou Nguesso's powerful advisor may be a casualty of the IMF negotiations. The low-down. [...]

CONGO Politics 12/12/2018

Sassou Nguesso targets the forestry industry

Under serious financial pressure, the president is seeking to prove his credentials to the IMF by reforming this sector. [...]

CONGO Energy 16/10/2018

Cedric Okiorina, future guardian of Kiki's networks joins SNPC trading

The former head of marketing for Societe nationale des petroles du Congo (SNPC) and previous deputy to Denis Christel Sassou [...]

CONGO Energy 04/09/2018

Ominga flouts crisis and appoints a plethora of SNPC executives

Although the International Monetary Fund (IMF) has been in talks [...]

CONGO Politics 04/07/2018

The Mbochis remain at the helm of the SNPC

Despite extensive restructuring in recent months, the oil company remains firmly in the hands of the president's ethnic group. Analysis. [...]

Breaking newsCONGO 03/05/2018

SNPC reorganisation breaks up Denis Christel Sassou Nguesso's "clan"

The appointments made on April 27 to the top management team at Societe Nationale des Petroles au Congo (SNPC) by [...]

CONGO Politics 21/03/2018

Denis Christel Sassou Nguesso seeks refuge within the government

Driven out of the Societe nationale des petroles du Congo, the president's youngest son looks set to obtain a ministerial portfolio. [...]

CONGO Energy 20/03/2018

At what cost could Anglo African Oil & Gas extend Tilapia?

In a buoyant press release posted early March, Anglo African Oil & Gas, partly controlled by French businessman Gerard Bourgoin, [...]

CONGO Energy 09/01/2018

IMF asks leaders to declare oil assets

An International Monetary Fund (IMF) delegation to Brazzaville in late December laid down a drastic condition for its potential financial [...]

CONGO Energy 05/12/2017

Denis Christel's Israeli adventures

While his counterpart Lucien Ebata is looking for financing in [...]

Spotlight

CONGO Politics 22/11/2017

Sassou Nguesso shuffles the deckchairs as the ship goes down

In contrast to previous conferences in Paris and Marrakesh, Denis Sassou-Nguesso considerably reduced the size of the delegation accompanying him to Bonn in Germany for the COP 23 from 6 to 17 November. Deep in the financial doldrums, the Congolese [. [...]

CONGO Energy 07/11/2017

Behind the scenes of SNPC's secret loan

The IMF still has a bee in its bonnet about the $914 million lent in 2014 by a consortium of African banks to the Congolese national company. Africa Energy Intelligence reveals who lent how much. [...]

CONGO Politics 27/09/2017

A highly risky venture for Sassou

The President has created a task force to take on the IMF experts [...]

CONGO Energy 26/09/2017

SNPC pressed to pick out new front line-up

In dire financial straits, the state-run firm will soon have to rearrange its entire management team. The son's president will stay at the helm. [...]

CONGO Politics 13/09/2017

Playtime is over for Sassou's would-be heirs!

Irritated by quarrels over his succession, the president is boosting his authority through targeted appointments in the army and security services. [...]

Spotlight

CONGO Energy 27/10/2015

Powerful local figures the lone winners from new oil bill

Business chiefs close to the government seem alone in benefiting from the new obligation of majors to reserve 15% of their new oil licences for local companies. Parliament adopted that measure in approving the new bill in May in the [. [...]

Spotlight

CONGO Energy 20/01/2015

ENI's friends in Sassou Nguesso country

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 [. [...]

Insiders CONGO 20/10/2014

Denis Gokana, Denis Sassou Nguesso's influential oil supremo

Denis Auguste Marie Gokana has little taste for socialising and is relatively secretive about his professional and personal activities. He [...]

CONGO Politics 12/03/2014

Mbochi dominate oil sector

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. [...]

Receive free prompts for these topics

CONGO
Africa Oil &Gas Corp
Ben Kayas
Benjamin Makaya
Charles Alfred Sockaht
Clement Mouamba
Denis Gokana
Denis Sassou-Nguesso
Denis-Christel Sassou Nguesso
International Monetary Fund
Lucien Ebata
Orion Oil
Raoul Ominga
Societe Nationale d'Electricite
Societe Nationale de Distribution d'Eau
Société nationale des pétroles du Congo

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