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Angola

Cracks appear in one of Trafigura's last strongholds

State-run firm Sonangol has prized open the oil sector a little further with its recent call for tenders for oil [...]

Subscribers only Energy 06.02.2018

Oil minister endorses former-Vasconcelos boys

Angola's minister of mining resources and oil, Diamantino Azevedo has been filling the ranks of ministry with oil experts close [...]

Subscribers only Energy 06.02.2018

Cobalt shareholders rally against Goldman Sachs and Carlyle

Now that they are considering withdrawing their complaint against the bankrupt Cobalt, its minority shareholders are seeking compensation from its leaders and main financiers.

Free access Energy 06.02.2018

Lourenco places Marcolino Moco in Sonangol as final blow against Dos Santos clan

By appointing Marcolino Jose Carlos Moco and Fortunato Ferreira do Nascimento, two long-standing MPLA members, as non-executive directors of Sonangol, [...]

Subscribers only Energy 23.01.2018

Mixed reactions to national hydrocarbon agency project

The idea of creating a national hydrocarbons and biofuels agency [...]

Subscribers only Energy 23.01.2018

Da Costa holds a book signing

Miguel Da Costa, who is now the doyen of African [...]

Subscribers only Politics 10.01.2018

Joao Lourenco hammers on with reform of oil administration

While the reform of Angola's oil sector launched by Isabel Dos Santos in 2016 had focussed mainly on restructuring the [...]

Subscribers only Energy 09.01.2018

Cobalt braces itself for bankruptcy

The debt-ridden American firm has armed itself with a battalion of advisors specialised in bankruptcy and restructuring.

Subscribers only Energy 09.01.2018

Electricity: Gen. Pedro de Morais Neto's whirlwind venture in ENDE

Appointed in March 2017 as the non-executive director of the [...]

Subscribers only Energy 09.01.2018

Police under pressure to carry out Joao Lourenco's anti-trafficking goals

New Angola president, Joao Lourenco's ambitious goals to fight against [...]

Subscribers only Mining 26.12.2017

Diamantino Azevedo to forge post-Isabel dos Santos diamond era

As Angolan state-owned company Sodiam can no longer call on [...]

Subscribers only Mining 26.12.2017

Albera Conseil advises Angola in France

Albera Conseil, the public relations company founded by Patrica Chapelotte, [...]

Subscribers only Business 20.12.2017

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, [...]

Subscribers only Energy 19.12.2017

Electricity: Thai loans, Norberto Garcia's last act

On November 30, Ernesto Manuel Norberto Garcia, a protégé of former Angolan president Eduardo Dos Santos , signed off his [...]

Subscribers only Energy 19.12.2017

PwC to Sonangol's rescue

Though PwC, Sonangol's preferred auditor when Isabel dos Santos was at the helm, has lost its contract, it is still helping the State-firm overhaul its organisational structure.

Subscribers only Energy 19.12.2017

Carlos Saturnino, Patrick Pouyanne's ace player for Total

Easing tensions between oil majors and the new Angolan administration (see here) should open up a favourable playing ground for [...]

Subscribers only Energy 19.12.2017

Joao Lourenco reboots buried Lobito refinery project

The return of Carlos Saturnino as the head of Angolan [...]

Subscribers only Energy 19.12.2017

Joao Lourenco wants diamond trade network minus Isabel dos Santos

The latest decision taken by Angolan president Joao Lourenco in August could set hurdles for the international trade of diamonds [...]

Subscribers only Mining 12.12.2017

Security elite go after diamond traffickers

Joao Lourenco, president of Angola since late August, has decided [...]

Subscribers only Mining 12.12.2017

The generals squabble over real estate

The most expensive city in the world, Luanda, is the theatre of a battle between local interests and foreign investors for control of the most profitable residential towers, sometimes with guns to the fore.

Subscribers only Business 06.12.2017

Laures, SBM Offshore's mysterious French agent

A key name is missing from the long indictment unsealed on November 29 by the US Department of Justice (DoJ) [...]

Subscribers only Energy 05.12.2017

Niara Holding fostering Dos Santos' interests in Caculo Cabaca

Three months after president Joao Lourenco stepped into office in [...]

Subscribers only Energy 05.12.2017

Lobito corridor reboot makes Mathieu Senga a happy man

Now reconverted in the private sector, the former head of Congolese railway has egged on Luanda and Kinshasa to speed up the Angolan-Congolese rail connection to be able to add a new service for clients of his own mining freight concern.

Subscribers only Infrastructure, Mining 28.11.2017

Sonangol stands strong against critics

As it navigates stormy political waters, the national oil firm is also being held responsible for severe power outages.

Subscribers only Energy 21.11.2017

Wood Mackenzie shepherds Joao Lourenco's gas ambitions

Wanting to develop the country's gas resources to bulk up national revenue, Luanda has formed a team of advisers to put together an ad hoc strategy.

Subscribers only Energy 21.11.2017

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