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CONGO

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

Orion chairman Lucien Ebata. © Lucien Ebata/LinkedIn

Congolese trading house Orion Oil is casting a wider net to find partners for the sale of the Congolese state oil. [...] (411 words)

Issue dated 17/02/2021 Reading time 2 minutes

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Energy

Fracking by SNPC and Orion could boost Block MKB output

The block that currently only produces 400 bpd could get new lease of life thanks to work carried out in recent months by the national oil company. [...]

CONGO Energy 15/07/2021

Itoua, now crowned as oil minister, seeks to settle scores

Newly-appointed Bruno Itoua is going all out to sideline any officials who are deemed unloyal to him. [...]

The new hydrocarbons minister Bruno Jean-Richard Itoua. © Facebook/Bruno Jean-Richard Itoua

Focus

DRC Politics Business 01/03/2021

Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

As well as being the DRC's ambassador to the business world, Felix Tshisekedi's influential special adviser is careful to take care of his own oil product trading interests. In this area, he relies on the close links he has forged with members of the Sassou Nguesso family. [...]

CONGO Energy Politics 18/02/2021

Shadow of Glencore hangs over Sassou's re-election bid

The incumbent Congolese president Denis Sassou Nguesso is ardently hoping that he can round off his campaign for a fourth term in office with news that the IMF is going to resume its financial support for the country. [...]

CONGO Business 20/01/2021

Brazzaville flies solo in debt talks with traders

Under pressure from the IMF, which for the past 18 months has been blocking the second tranche of the $448.6m loan it approved in 2019, Congo is trying to revive talks with traders who have extended oil-backed loans to the country. [...]

Spotlight

CONGO Politics Document 26/06/2019

Stressful times for Denis Sassou Nguesso's financial advisors ahead of IMF meeting

On 5 July, the directors of the International Monetary Fund (IMF) are due to decide whether to resume loans to Congo-B after a hiatus of eight years. But on the eve of this crucial decision, there are profound rifts within [. [...]

CONGO Energy 25/06/2019

Mercuria enrages Glencore and Trafigura

After offering pre-financing arrangements to Brazzaville, Swiss trader Mercuria is preparing for a big strike this summer. [...]

Spotlight

CONGO Energy 11/06/2019

With Mercuria's new gameplay, SNPC's debt plays havoc on its future

As finance minister Calixte Nganongo scrambles to restore Congo-B's economic stability with plans to restructure debt that will help unlock IMF aid, the country's finances continue to go from bad to worse. Mercuria to the rescue? [...]

Spotlight

CONGO Politics 27/02/2019

Sassou Nguesso looks beyond the International Monetary Fund to 2021

Decisive for the economic future of the country, the negotiations with Washington may also provide the president with a platform for winning the next presidential election. Analysis.Pre-campaign - Denis Sassou Nguesso, who on 5 February celebrated the 40th anniversary of [. [...]

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 25/10/2017

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. [...]

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CONGO
Calixte Nganongo
Denis Gokana
Denis Sassou Nguesso
Denis-Christel Sassou Nguesso
Glencore
International Monetary Fund
Lucien Ebata
Marco Dunand
Mercuria
Orion Oil
PETROCI
Pierre Oba
Société nationale des pétroles du Congo
Trafigura

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Eskom's fate caught up in the clash between Ramaphosa and Mantashe

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

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Fracking by SNPC and Orion could boost Block MKB output

Itoua, now crowned as oil minister, seeks to settle scores

Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

Shadow of Glencore hangs over Sassou's re-election bid

Brazzaville flies solo in debt talks with traders

Stressful times for Denis Sassou Nguesso's financial advisors ahead of IMF meeting

Mercuria enrages Glencore and Trafigura

With Mercuria's new gameplay, SNPC's debt plays havoc on its future

Sassou Nguesso looks beyond the International Monetary Fund to 2021

Dissenting voices around Lucien Ebata

The SNPC overhaul creates rifts among the ‘clans'

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Eskom's fate caught up in the clash between Ramaphosa and Mantashe

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

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

2 options offered to continue reading

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Receive free prompts for these topics

Fracking by SNPC and Orion could boost Block MKB output

Itoua, now crowned as oil minister, seeks to settle scores

Tshisekedi's investment adviser Jean-Claude Kabongo does business on both sides of the Congo River

Shadow of Glencore hangs over Sassou's re-election bid

Brazzaville flies solo in debt talks with traders

Stressful times for Denis Sassou Nguesso's financial advisors ahead of IMF meeting

Mercuria enrages Glencore and Trafigura

With Mercuria's new gameplay, SNPC's debt plays havoc on its future

Sassou Nguesso looks beyond the International Monetary Fund to 2021

Dissenting voices around Lucien Ebata

The SNPC overhaul creates rifts among the ‘clans'

Receive free prompts for these topics

First visit

Contacts

Tools

Follow us

A website produced by

Indigo Publications also publishes: