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ALL ARTICLES CONGO

Politics 04/03/2021

Sassou Nguesso banks on IMF thaw to gild his re-election

President of Congo Denis Sassou Nguesso. ©@SassouCG/Twitter

Oil & gas 24/02/2021

Nigerian minister Sylva scolds defiant African OPEC members

Equatorial Guinea's Hydrocarbons Minister Gabriel Obiang Lima and OPEC envoy Timipre Sylva, 18 February 2021. ©Ministry of Mines and Hidrocarbons of the Republic of Equatorial Guinea/Twitter

Politics Oil & gas 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. But there is still a major sticking point in the negotiations with the Bretton Woods institution: the debt owed by the Congolese state to the trading giant Glencore. [...]

Oil & gas 18/02/2021

Hydrocarbons boss lambasts Zenith Energy over Tilapia

The media indiscretions of Zenith Energy, which is seeking to land the Tilapia permit, have provoked the ire of Congo's head of hydrocarbons Teresa Goma. [...]

Oil & gas 17/02/2021

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

Orion chairman Lucien Ebata. ©Lucien Ebata/LinkedIn

Oil & gas 16/02/2021

Sassou Nguesso backs massively ambitious refinery at Pointe-Noire

Congolese President Denis Sassou Nguesso has approved the construction of a modular refinery with the extravagant aim of producing 50,000 bpd. The wildly ambitious project is financed by a debt-ridden Chinese businessman. [...]

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Politics 11/02/2021

Sassou mobilises wife and children for re-election bid

The Congolese president has put his inner circle to work to defend his mixed record and to justify his decision to run again in March for a fourth term as head of state. [...]

Politics 11/02/2021

From Libreville to Brazzaville, nobody trusts Omar Denis Jr Bongo

Already ostracised by Gabon's presidential family, Ali Bongo's half-brother and Denis Sassou Nguesso's grandson Omar Denis Jr Bongo also has to deal with the mistrust, or even outright hostility, of people close to Congo's president. [...]

Business Power 04/02/2021

Sassou receives a fillip from Turkish billionaire Ali Metin Kazanci as he bids for re-election

As Denis Sassou NGuesso seeks a fourth term as president, Aksa Enerji, a firm owned by a Turkish oligarch close to Ankara's ruling party, is speeding up its plans to increase electricity supply to Pointe-Noire, a city that has traditionally been hostile to the Congolese leader. [...]

Business Power 01/02/2021

Ultra Green Corp brightens hopes of ailing solar panel firm

After years of struggle, Congolaise des Panneaux Solaires (Copasol) hopes to have found a lifeline through its partnership with the US company Ultra Green Corp. A 40-MW solar farm is in the pipeline. [...]

Diplomacy 01/02/2021

Relations between Sassou and Lourenço become ever more poisonous

Presidential advisors in Angola now suspect Congo of colluding with the separatist Frente de Libertação do Estado de Cabinda (FLEC). [...]

Oil & gas 29/01/2021

ENI speeds up its asset disposals to Thystere Tchicaya and Sassou's dismay

Italian major ENI is pursuing its drive to rid itself of its smaller assets in Congo, leaving those in charge of the country's oil policy and the SNPC with difficult decisions to make. [...]

Business 29/01/2021

Sassou's Falcon jet not up for sale before summer

With the Paris Court of Cassation due to hand down a ruling in early February, the Falcon 7X jet belonging to the Congolese president's office looks like it will not be going on sale before July. [...]

An ExxonMobil FPSO off the coast Nigeria.

Running story Oil & gas

The oil companies' quiet retreat from the Gulf of Guinea

Long considered an oil Eldorado thanks to the presence within the region of Africa's two leading oil producers, Nigeria and Angola, the Gulf of Guinea is declining. The inexorable rundown in its output -few if any new discoveries have been made recently in Gabon, Cameroon or Equatorial Guinea - and the fall in oil prices brought about by the Covid-19 pandemic have speeded up the retreat from the region in which the oil majors have been engaged for some years already. [...]

Mining 27/01/2021

The consultants who pulled Dan Gertler out of sanctions purgatory

To secure the licence, in the last days of the Trump administration, that allows him to conduct business for one year despite being subject to sanctions, the mining tycoon Dan Gerlter called on a new team of consultants. [...]

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. [...]

Oil & gas 20/01/2021

Zenith loses Gabonese trump card Boumbendjé, sees Mberi alliance falter

The Canadian company has been pulling out all the stops in Congo to get its Tilapia license renewed. But while it has been focused on this priority, its plans in Gabon are faltering. [...]

Mining 19/01/2021

Thierry Lauriol and Kevin Grossmann will defend Congo against Sundance and Equatorial

The Congolese state has chosen French lawyers Thierry Lauriol of law firm Jeantet and Kevin Grossmann to represent it in its dispute with the two mining companies, which are seeking compensation after having been deprived of their iron ore mining permits. [...]

Business Infrastructures 19/01/2021

AfDB gives scathing review of ECCAS efficacy Free

The African Development Bank has published a brutal assessment of way the Economic Community of Central African States, its partner on numerous infrastructure projects, is being run. [...]

Oil & gas 14/01/2021

Denis Gokana puts a spoke in Total's wheels at Djeno terminal

Total is still set to operate the Djeno oil terminal for the next twenty years. But the terms for the extension are likely to be much harsher than what presidential advisor Denis Gokana led the French major to believe. [...]

Spotlight Oil & gas 13/01/2021

Trafigura's grand slam in Congo and Gabon

Trafigura, which recorded gross profit of $6.8bn in 2020, has consolidated its position in Gabon and in particular in Congo, where the giant trading group is now a key player in both the lifting of crude and in the importation of petroleum products. [...]

Business Infrastructures 08/01/2021

Lawyers and consultants flock to Brazzaville in search of infrastructure projects

Initially scheduled to take place in Brussels and then Paris, the CEMAC round table on public-private partnerships has finally taken place in Brazzaville, attracting a veritable horde of lawyers specialising in this domain. [...]

Politics Banks 05/01/2021

BGFI boss Henri-Claude Oyima's 'club' format a mixed success

After successfully setting up banking pools in Libreville and Brazzaville to help their governments settle their debt with suppliers, the BGFI chief executive is facing management issues within the bank syndicate he set up in Congo. [...]

Andrea Cattaneo, president and founder of Zenith Energy, during his meeting with Congolese President Denis Sassou Nguesso in October 2020.

Oil & gas 05/01/2021

Can Zenith boss Andrea Cattaneo charm his way back to Tilapia licence?

Italian businessman Andrea Cattaneo has pulled out all the stops to take possession of Zenith's prized licence, the Tilapia oilfield. [...]

Oil & gas 24/12/2020

Costs audit could be end of 15-year free run for ENI, Total and Perenco

Oil majors active in Congo that have not had their oil costs audited since 2015 may now have to reveal all for the 2018-2019 fiscal year. [...]

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

Abiy purged his military high command to prepare for his war against the TPLF

ALL ARTICLES CONGO

Sassou Nguesso banks on IMF thaw to gild his re-election

Nigerian minister Sylva scolds defiant African OPEC members

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

Hydrocarbons boss lambasts Zenith Energy over Tilapia

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

Sassou Nguesso backs massively ambitious refinery at Pointe-Noire

Sassou mobilises wife and children for re-election bid

From Libreville to Brazzaville, nobody trusts Omar Denis Jr Bongo

Sassou receives a fillip from Turkish billionaire Ali Metin Kazanci as he bids for re-election

Ultra Green Corp brightens hopes of ailing solar panel firm

Relations between Sassou and Lourenço become ever more poisonous

ENI speeds up its asset disposals to Thystere Tchicaya and Sassou's dismay

Sassou's Falcon jet not up for sale before summer

The oil companies' quiet retreat from the Gulf of Guinea

The consultants who pulled Dan Gertler out of sanctions purgatory

Brazzaville flies solo in debt talks with traders

Zenith loses Gabonese trump card Boumbendjé, sees Mberi alliance falter

Thierry Lauriol and Kevin Grossmann will defend Congo against Sundance and Equatorial

AfDB gives scathing review of ECCAS efficacy Free

Denis Gokana puts a spoke in Total's wheels at Djeno terminal

Trafigura's grand slam in Congo and Gabon

Lawyers and consultants flock to Brazzaville in search of infrastructure projects

BGFI boss Henri-Claude Oyima's 'club' format a mixed success

Can Zenith boss Andrea Cattaneo charm his way back to Tilapia licence?

Costs audit could be end of 15-year free run for ENI, Total and Perenco

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

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ALL ARTICLES CONGO

Sassou Nguesso banks on IMF thaw to gild his re-election

Nigerian minister Sylva scolds defiant African OPEC members

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

Hydrocarbons boss lambasts Zenith Energy over Tilapia

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

Sassou Nguesso backs massively ambitious refinery at Pointe-Noire

Sassou mobilises wife and children for re-election bid

From Libreville to Brazzaville, nobody trusts Omar Denis Jr Bongo

Sassou receives a fillip from Turkish billionaire Ali Metin Kazanci as he bids for re-election

Ultra Green Corp brightens hopes of ailing solar panel firm

Relations between Sassou and Lourenço become ever more poisonous

ENI speeds up its asset disposals to Thystere Tchicaya and Sassou's dismay

Sassou's Falcon jet not up for sale before summer

The oil companies' quiet retreat from the Gulf of Guinea

The consultants who pulled Dan Gertler out of sanctions purgatory

Brazzaville flies solo in debt talks with traders

Zenith loses Gabonese trump card Boumbendjé, sees Mberi alliance falter

Thierry Lauriol and Kevin Grossmann will defend Congo against Sundance and Equatorial

AfDB gives scathing review of ECCAS efficacy Free

Denis Gokana puts a spoke in Total's wheels at Djeno terminal

Trafigura's grand slam in Congo and Gabon

Lawyers and consultants flock to Brazzaville in search of infrastructure projects

BGFI boss Henri-Claude Oyima's 'club' format a mixed success

Can Zenith boss Andrea Cattaneo charm his way back to Tilapia licence?

Costs audit could be end of 15-year free run for ENI, Total and Perenco

SPECIAL OFFER

First visit

Contacts

Tools

Free services

Follow us

A website edited by

Indigo Publications also publishes: