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Angola

General Electric brings in Gibson, Dunn & Crutcher to defend it against Portugal's Aenergy

In early June, US firm General Electric appointed Orin Snyder and Anne Champion (Gibson, Dunn & Crutcher), to defend it in the action brought against Aenergy.

Subscribers only Energy, Business 23.06.2020

Rare earths: Malawi newcomer Altona Energy is already looking to expand into other countries

Mining junior Altona Energy, which, after years in coal, turned in early June to rare earths through the acquisition of assets in Malawi, already has other permits in its sights elsewhere in Africa.

Subscribers only Mining 22.06.2020

ENI Block 15/06: Lourenço bends over backwards for oil majors

The Italian major ENI has every reason to be delighted. Already galvanised by the good results in February from its Agogo-3 appraisal well, which has boosted the estimated reserves of Agogo (Block 15/06) to one billion barrels, it has now secured a three-year extension to the optional exploration phase for the block.

Subscribers only Energy 22.06.2020

Chinese banks at heart of Angolan debt relief talks

The state-run Eximbank of China, China Development Bank and Industrial and Commercial Bank of China are leading the talks on Angola's debt to China.

Subscribers only Finance, Energy 19.06.2020

Spotlight
Lourenço cherry-picks five experts to lead new mining regulator

Angolan President João Lourenço.© Reuters/POOL

Subscribers only Mining Running Story - The reform of diamond mining 18.06.2020

Ex-Dos Santos spokesperson turned Lourenço supporter finds fresh energy for distribution and media

Since waving goodbye to the Furi diamond mine, Aldemiro Vaz da Conceição has focused his attention on distribution but is also keen to revamp the magazines published by his company Media Rumo.

Subscribers only Mining, Business 16.06.2020

Total lands another sweet tax deal with Cobalt Energy's blocks

French major Total is now the owner of an 80% interest in block 21/09 and 50% in block 20/11 previously owned by the now folded Cobalt International Energy.

Subscribers only Energy 15.06.2020

João Lourenço pursues aim of electrifying Huila stronghold

On 6 June the Angolan government signed a financing agreement with the African Development Bank that should pave the way for two tenders.

Subscribers only Energy, Business 15.06.2020

Spotlight
Dos Santos era throwback Somoil changes boss again to steady ship

The best-connected junior in Angola has been struggling to retain a stable management team and has turned to Edson dos Santos Sousa, formerly of Sonangol and ExxonMobil, to restore some order.

Subscribers only Energy 12.06.2020

Angolan junior Somoil, whose new CEO is Edson dos Santos Sousa, was founded by former chairmen of Sonangol.

Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

As oil revenues continue to fall, Luanda is relaunching a plan to create a strategic depot in Bengo province.

Subscribers only Infrastructure, Business 12.06.2020

OPEC latecomers Bongo, Sassou and Lourenço first to flout rules

The Covid-19 crisis has forced members of the Vienna-based organisation to drastically cut their production, but a number of African countries have ostensibly disregarded their obligations.

Subscribers only Energy 11.06.2020

Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

With the preliminary studies for a 60,000-bpd refinery in the remote Cabinda province complete, the path is clear of a FID. The man behind this achievement is financier Reginald Crawford, the right-hand man of Gemcorp founder Atanas Bostandjiev.

Subscribers only Energy 10.06.2020

Luanda back in bed with Budapest over energy projects

Hungary, which in 2018 supported Angolan energy projects carried out by Portugal's Aenergy and its US partner General Electric, is again working to support the country's electrification.

Subscribers only Energy, Business 08.06.2020

Golden boy of Angolan finance N'Gunu Tiny adds Emirati string to his bow

Sheikh Hamad Al Nahyan has become the new business partner of Angolan financier and ex-minister's son N'Gunu Tiny.

Subscribers only Finance, Energy 05.06.2020

Mining sector reforms: Lourenço sweet talks foreign investors

Angola has passed a key milestone in the restructuring of its mining sector with the new organisation of its national regulatory agencies. A wave of privatisations is to follow as President Lourenço continues to push for a more investor-friendly environment.

Subscribers only Mining 05.06.2020

ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

With oil production in Angola in free fall, exploration has been at a standstill since the start of the second quarter. The situation is likely to last until at least the end of 2020.

Subscribers only Energy 04.06.2020

Consultant Peter Meeus set to help Lourenço with diamond mining reform

As it proceeds with a wide-ranging reform of the Angolan mining sector, in which diamonds are the main component, President João Lourenço's government is thought to be negotiating with precious stones expert Peter Meeus to get him to help it fine-tune its strategy.

Subscribers only Mining 02.06.2020

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Angola

General Electric brings in Gibson, Dunn & Crutcher to defend it against Portugal's Aenergy

Rare earths: Malawi newcomer Altona Energy is already looking to expand into other countries

ENI Block 15/06: Lourenço bends over backwards for oil majors

Chinese banks at heart of Angolan debt relief talks

Spotlight
Lourenço cherry-picks five experts to lead new mining regulator

Ex-Dos Santos spokesperson turned Lourenço supporter finds fresh energy for distribution and media

Total lands another sweet tax deal with Cobalt Energy's blocks

João Lourenço pursues aim of electrifying Huila stronghold

Spotlight
Dos Santos era throwback Somoil changes boss again to steady ship

Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

OPEC latecomers Bongo, Sassou and Lourenço first to flout rules

Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

Luanda back in bed with Budapest over energy projects

Golden boy of Angolan finance N'Gunu Tiny adds Emirati string to his bow

Mining sector reforms: Lourenço sweet talks foreign investors

ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Consultant Peter Meeus set to help Lourenço with diamond mining reform

Ex-BHP execs take on Tchitengo diamonds together

Iskandar Safa spends Necotrans' kwanzas

IMF calls for settlement of overindulgent dos Santos-era loans

Spotlight
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Equinor and DOF Subsea steer Norway's diplomatic moves with Lourenço

Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Aenergy sues Angola and General Electric for $550m

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Indigo Publications' websites

Ibrahim Traoré

Virtus Minerals

Paul Kagame

Savannah Energy

Denis Sassou-Nguesso

Angola

General Electric brings in Gibson, Dunn & Crutcher to defend it against Portugal's Aenergy

Rare earths: Malawi newcomer Altona Energy is already looking to expand into other countries

ENI Block 15/06: Lourenço bends over backwards for oil majors

Chinese banks at heart of Angolan debt relief talks

Spotlight Lourenço cherry-picks five experts to lead new mining regulator

Ex-Dos Santos spokesperson turned Lourenço supporter finds fresh energy for distribution and media

Total lands another sweet tax deal with Cobalt Energy's blocks

João Lourenço pursues aim of electrifying Huila stronghold

Spotlight Dos Santos era throwback Somoil changes boss again to steady ship

Manuel José Nunes Júnior tasked with kick-starting Barra do Dande oil terminal project

OPEC latecomers Bongo, Sassou and Lourenço first to flout rules

Gemcorp's Reginald Crawford paves way for Lourenço's pricey refinery

Luanda back in bed with Budapest over energy projects

Golden boy of Angolan finance N'Gunu Tiny adds Emirati string to his bow

Mining sector reforms: Lourenço sweet talks foreign investors

ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Consultant Peter Meeus set to help Lourenço with diamond mining reform

Ex-BHP execs take on Tchitengo diamonds together

Iskandar Safa spends Necotrans' kwanzas

IMF calls for settlement of overindulgent dos Santos-era loans

Spotlight Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Equinor and DOF Subsea steer Norway's diplomatic moves with Lourenço

Diplomatic string-pulling to evacuate João Lourenço's ailing wife to Paris

Lourenço favourite Luís Nunes tipped to partner Gemcorp in Cabinda refinery project

Aenergy sues Angola and General Electric for $550m

Create a notification

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Spotlight
Lourenço cherry-picks five experts to lead new mining regulator

Spotlight
Dos Santos era throwback Somoil changes boss again to steady ship

Spotlight
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol