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While on the verge of a deal with their debtor SNPC and the ministry of finance, the trading houses have also struck up talks with prime minister Mouamba. [...]
Two years after being named "special advisor on foreign funding", the former trader Lucien Ebata has lost his place as the country's main go-between with lenders. [...]
Lazard, the bank mandated by the Congolese government to help the country renegotiate its debt with oil traders, has a thorny task ahead of itself. [...]
Sassou Nguesso's new special adviser has been in top secret talks with Western banks. An exclusive! [...]
Congo-B's draft budget for 2017 is forecasting oil output of [...]
Prior to Congo-B's last presidential election, the small Emirati trader Worldwide paid in advance for 5.7 million barrels of Djeno or Nkossa grade oil. It has yet to receive a single drop. [...]
Management of Trafigura’s oil affairs was suddenly withdrawn from Jean-Pierre Valentini, the trading giant’s long-standing authority on Africa. [...]
The French bank has invested in the oil trading company at a time when SNPC is struggling to keep afloat. [...]
The drop in the oil price is going to prevent the national oil company from paying back loans it contracted with banks. [...]
In a limited cabinet shuffle on Aug. 11, Jean-Marc Tchicaya, a 47-year-old native of Pointe Noire, was promoted to the [...]
Approved during a cabinet meeting on March 25, a new oil and gas bill will signal the start to a campaign to promote new exploration acreage. It will also hand fresh powers to SNPC. [...]
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