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Angola

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

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.

Subscribers only Energy 11.07.2017

GE, undisputed king of Angolan electricity

The Angola president Jose Eduardo dos Santos, has approved a $1.1 billion loan deal between the State, represented by its [...]

Subscribers only Energy 11.07.2017

ENI boss stonewalls Isabel dos Santos

Sonangol's chairwoman, Isabel dos Santos, meet with ENI boss Claudio Descalzi and a group of the Italian major's executives when [...]

Subscribers only Energy 11.07.2017

State-owned firm
Isabel dos Santos showcases her tactic savvy with Sonangol

Sonangol's 2016 results, published in early July, read like an [...]

Subscribers only Energy 11.07.2017

Major
Steep bill for BP in offshore

British major BP, which has to fork out several hundred [...]

Subscribers only Energy 11.07.2017

Spotlight
Lourenco, future president of a cash-strapped country

After years of enjoying the fruits of a high oil price, Angola, the continent's second-ranking producer, now looks like a graveyard to would-be investors. The designated successor of president Jose Eduardo Dos Santos, who decided not to stand for re-election [.

Subscribers only Politics 28.06.2017

Banco nacional de angola'headquarters in Luanda

Junior
Cobalt's shareholders more than ever ready to let rip

On July 12, Cobalt International Energy's lawyers will meet with [...]

Subscribers only Energy 27.06.2017

State-run company
Sonangol takes further steps for transparency on payments

Faced with accusations of poorly managing its accounts, the Angolan [...]

Subscribers only Energy 27.06.2017

Ami Lustig and Roy Ben Yami, future phosphate leaders?

Vale Fertil, an affiliate of Israeli LR Group, led by businessmen Ami Lustig and Roy Ben Yami, has secured a [...]

Subscribers only Mining 20.06.2017

Illegal diggers salvaged by cooperatives

To bump up the Treasury's diamond mining revenue, the Luanda [...]

Subscribers only Mining 20.06.2017

Sonangol’s recovery strategy put on hold by presidential elections

Vital oil sector reforms, a lifeline for the regime, will need approval from the incoming president to have any effect.

Subscribers only Energy 13.06.2017

Cobalt tries to mitigate damage through insurers

With its shareholders demanding compensation for share price losses they blame on investigations into corruption in Luanda, Cobalt International is trying to get its insurers to help ease its finances.

Subscribers only Energy 13.06.2017

Major
BP responds to demands for local content

So that it will have a pool of qualified local [...]

Subscribers only Energy 13.06.2017

Strapped for cash, Luanda looks to sell off its land

Luanda wants to dispose of nearly 40 million hectares of farm land, an initiative that’s expected to initially benefit the government’s cronies.

Subscribers only Diplomacy 31.05.2017

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