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ANGOLA DRC

Angola LNG pipelines: Chevron makes room for Sonangol

The American major has stepped aside to let the Angolan state-owned firm take the lead role in dealing with Kinshasa to manage Angola LNG's transit rights for its pipelines in Congolese waters. [...] (472 words)

Issue dated 16/10/2018 Reading time 2 minutes

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Energy

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ANGOLA
DRC
Angola LNG
Chevron
ENI
ExxonMobil
Gustave Beya Seku
Joao Lourenco
Joseph Kabila
Manya Riche
Olusegun Obasanjo
Paulo Guedes
Sociedade de Operacoes e Manutencao de Gasodutos
Sodeico
Sonangol
Total

LNG: why Chevron and Sonangol are dreading 2022

The joint venture Angola LNG, which manages the LNG facility in Soyo, is somewhat down in the dumps. The firm,

ANGOLA Energy 21/01/2020

Are the bonuses enough to keep Exxon and ENI on their blocks?

Though in desperate need of cash, the Angolan president is baiting oil firms with tax cuts to get them to stay.

Angolan oil blocks contested by DRC © Africa Energy Intelligence/IndigoPublications 2020

Spotlight

ANGOLA DRC Energy Document 21/01/2020

Exxon, Chevron and BP's blocks: João Lourenço hoodwinks Félix Tshisekedi

With Angola determined to be the sole owner, it looks as though the new DRC president Félix Tshisekedi will have to be content with mere crumbs of offshore blocks 0 and 14 (Chevron), block 15 (ExxonMobil), in production for over

ANGOLA Energy 03/12/2019

LNG/VAT: Lourenço's tax gift to Chevron, ENI, BP and Total

The new 14% value added tax (VAT) that took effect in Angola on October 1 will not apply to the gas sector.

ANGOLA Energy 10/09/2019

Joao Lourenco keeps eye on Sonangol, Total and Chevron

After auditing the accounts of oil firms for the 2014-2017 period, the Angolan head of state has kept the pressure up by asking for a new report for fiscal years 2018 and 2019.

ANGOLA Energy 27/11/2018

After Exxon and Total, Chevron wants its share

After watching ExxonMobil and Total make various upstream and distribution investments in Angola over the past months (AEI 825), American

ANGOLA Energy 05/06/2018

Oil & gas: Major companies to benefit from Joao Lourenco's fiscal largesse

On the advice of oil companies, the Angolan president is pursuing his pro-business policy by providing tax incentives to the gas industry and for the exploitation of marginal fields.

ANGOLA Energy 03/04/2018

On oil & gas firms advice, Lourenco favours… oil & gas firms!

Mindful of the findings of a working group set up to brainstorm on the sector's future and comprised of representatives of several majors, the regime has decided to make several key legislative changes, all of which benefit the oil & gas firms.

ANGOLA Energy 03/04/2018

Statoil and ENI circle around Cobalt's blocks

While state-owned firm Sonangol has begun proceedings to purchase Texan firm Cobalt International Energy's blocks 20 and 21 (AEI 812),

ANGOLA Energy 19/12/2017

Cash-stripped Lourenco gives all to majors

With his back against the wall as he attempts to address the mountain of arrears Sonangol owes its oil partners,

ANGOLA Energy 24/10/2017

Majors invited to have a hand in oil fiscal reform

Working alongside Sonangol and the Angolan government, majors BP, Chevron, ENI, Total, Statoil and Exxon have 30 days to define the new financial and fiscal strategy for the country's oil sector.

ANGOLA Energy 11/07/2017

How Sonangol won its fiscal battle against the majors

The decade-long legal wrangle between Sonangol and the oil majors has finally come to an end.

ANGOLA Energy 29/11/2016

Isabel dos Santos has trouble licking Sonangol into shape

Embroiled in financial and judicial wrangles, the head of Sonangol, is finding it hard to push through reforms in the oil sector. She’s compensating by publicizing her activities.

Spotlight

ANGOLA Energy 31/01/2012

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ANGOLA
DRC
Angola LNG
Chevron
ENI
ExxonMobil
Gustave Beya Seku
Joao Lourenco
Joseph Kabila
Manya Riche
Olusegun Obasanjo
Paulo Guedes
Sociedade de Operacoes e Manutencao de Gasodutos
Sodeico
Sonangol
Total

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Algerian secret services in survival mode in North Mali

As fight against M23 continues, Kigali and Kinshasa wage war of intelligence

Angola LNG pipelines: Chevron makes room for Sonangol

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Set up email notifications for these topics

LNG: why Chevron and Sonangol are dreading 2022

Are the bonuses enough to keep Exxon and ENI on their blocks?

Exxon, Chevron and BP's blocks: João Lourenço hoodwinks Félix Tshisekedi

LNG/VAT: Lourenço's tax gift to Chevron, ENI, BP and Total

Joao Lourenco keeps eye on Sonangol, Total and Chevron

After Exxon and Total, Chevron wants its share

Oil & gas: Major companies to benefit from Joao Lourenco's fiscal largesse

On oil & gas firms advice, Lourenco favours… oil & gas firms!

Statoil and ENI circle around Cobalt's blocks

Cash-stripped Lourenco gives all to majors

Majors invited to have a hand in oil fiscal reform

How Sonangol won its fiscal battle against the majors

Isabel dos Santos has trouble licking Sonangol into shape

Dos Santos forced to share the cake

End to Chevron Pipeline Saga

Obasanjo Rescues Chevron

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Angola LNG pipelines: Chevron makes room for Sonangol

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Set up email notifications for these topics

LNG: why Chevron and Sonangol are dreading 2022

Are the bonuses enough to keep Exxon and ENI on their blocks?

Exxon, Chevron and BP's blocks: João Lourenço hoodwinks Félix Tshisekedi

LNG/VAT: Lourenço's tax gift to Chevron, ENI, BP and Total

Joao Lourenco keeps eye on Sonangol, Total and Chevron

After Exxon and Total, Chevron wants its share

Oil & gas: Major companies to benefit from Joao Lourenco's fiscal largesse

On oil & gas firms advice, Lourenco favours… oil & gas firms!

Statoil and ENI circle around Cobalt's blocks

Cash-stripped Lourenco gives all to majors

Majors invited to have a hand in oil fiscal reform

How Sonangol won its fiscal battle against the majors

Isabel dos Santos has trouble licking Sonangol into shape

Dos Santos forced to share the cake

End to Chevron Pipeline Saga

Obasanjo Rescues Chevron

Set up email notifications for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: