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Angola

Isabel dos Santos puts an end to Lemos era

Sonangol boss, Isabel dos Santos is more than ever determined to reshape the Angolan state-run firm to her liking. In [...]

Subscribers only Energy 07.11.2017

Power struggle between Lourenco and dos Santos clan for control of oil

The appointment of technician Carlos Saturnino, a close ally of Angola's new president, as secretary of state for oil should sway the balance of power against Isabel dos Santos in this key sector.

Free access 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.

Subscribers only Energy 24.10.2017

Cabinda, new gold stronghold for Luanda

Two of the last decrees Angolan mines minister Francisco Queiroz [...]

Subscribers only Mining 17.10.2017

Joao Lourenco gives Sonangol free rein of oil sector

With a bulky minister of natural resources operated by a little-known mining expert, the new Angolan president is likely to allow Sonangol to steer the largest sector of the country's economy.

Subscribers only Energy 10.10.2017

Isabel dos Santos ever more unimpeded at head of Sonangol

The reshuffle of state-run firm Sonangol's board of directors at the end of September should give the company chairwoman Isabel [...]

Subscribers only Energy 10.10.2017

Joao Lourenco places ministerial axis on mines

As part of a push to diversify Angola's economy, which [...]

Subscribers only Mining 03.10.2017

Total gets breather on Maersk blocks

Although they have been waiting for an investment decision on block 16 for several years, the Angolan authorities have decided [...]

Subscribers only Energy 26.09.2017

New boss in president's seat but not for Sonangol

The group of lawyers led by David Mendes has lost [...]

Subscribers only Energy 12.09.2017

Sino-Portuguese duo to take on hydropower

China Three Gorges Corp (CTGC), which holds a 21.35% stake [...]

Subscribers only Energy 12.09.2017

Is PwC soon to be challenged at Sonangol?

Accounting giant PricewaterhouseCoopers may lose its pole position as state-run [...]

Subscribers only Energy 12.09.2017

Cuando Cubango iron ore sea-bound once again

After a 35-year hiatus, the Caminho de Ferro de Mocamedes line is back in action, opening up opportunities in mining in southeast Angola.

Subscribers only Infrastructure, Mining 05.09.2017

Jeweler Alvaro Freitas to handle sale of artisanal gold

The Angolan government, which is looking for ways to strengthen [...]

Subscribers only Mining 05.09.2017

Joao Lourenco's family already in situ

Relatives of the new Angolan president occupy juicy roles in the government and business world.

Subscribers only Politics 30.08.2017

Sonangol crosses swords with Conoco and Cobalt

After securing a sturdy line-up of guards, Sonangol has decided to fight back against Conoco and Cobalt's attacks under the arbitration launched in London.

Subscribers only Energy 29.08.2017

Cobalt fails to ward off shareholders' onslaught

Cobalt, which sought to delay proceedings launched by its shareholders to recover their losses caused by the company's actions in Angola, has been rejected by the United States' courts.

Subscribers only Energy 29.08.2017

Cobalt tries to topple shareholders' offensive

Cobalt has pitched a last-ditch effort to block the class action taken against it over its handling of its activities in Angola.

Subscribers only Energy 25.07.2017

Dos Santos clan keeps tight reign over its diamonds

With president Jose Eduardo dos Santos about to step down from office, his clan is busy forming a strategy to [...]

Subscribers only Mining 18.07.2017