Home oil & gas CONGO 12/01/2016 Scary times for traders The plunge in the oil price and stagnation in Congo-B’s production have prompted Glencore and Trafigura to try to re-negotiate their agreements with SNPC. [...] (327 words) This article may be accessed by subscribers and e-wallet holders (EUR 6) Log in to read more Already have an account? Log in Keep me logged in Forgot your password? OK Subscribe toAfrica IntelligenceorPay-Per-Article E-wallet starting from 30 EUR Subscribe or Pay-Per-Article Discover our offers Not reader yet?Create an account to access our FREE SECTION A free issue A selection of articles New editions' summaries Keyword notifications to follow people or topics of interest to you A free issue and a selection of free articles Summaries and email notifications Keep me logged in Create a free account Free Articles MOROCCO Business 22/05/2020 Private firm Sentinel lands security contract with EU delegation DJIBOUTI UNITED STATES HORN OF AFRICA Diplomacy 19/05/2020 US Air Force beefs drone capacity against al-Shabaab CAMEROON Politics 05/05/2020 Biya's hardliners go after Maurice Kamto's finances Access the free section On the same subject CONGO 12/03/2019 Glencore and Trafigura's schizophrenic gameplay 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. [...] CONGO 12/02/2019 Debt negotiations: Lucien Ebata's fall from grace 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. [...] CONGO 20/03/2018 Lazard trying to twist Glencore and Trafigura's arm 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. [...] CONGO 27/09/2017 Lucien Ebata's Eurobond dreams Sassou Nguesso's new special adviser has been in top secret talks with Western banks. An exclusive! [...] CONGO 29/11/2016 Sassou N'guesso counts on rise in output to save his economy Congo-B's draft budget for 2017 is forecasting oil output of [...] CONGO 05/07/2016 How Worldwide paid $359 million to SNPC 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. [...] AFRICA 23/02/2016 Trafigura’s old guard shoved to the sidelines Management of Trafigura’s oil affairs was suddenly withdrawn from Jean-Pierre Valentini, the trading giant’s long-standing authority on Africa. [...] CONGO 11/11/2015 Natixis takes risky leap with SNPC The French bank has invested in the oil trading company at a time when SNPC is struggling to keep afloat. [...] CONGO 10/11/2015 SNPC won't be able to pay back advance funding The drop in the oil price is going to prevent the national oil company from paying back loans it contracted with banks. [...] CONGO 01/09/2015 Jean-Marc Tchicaya, the new uncrowned oil king In a limited cabinet shuffle on Aug. 11, Jean-Marc Tchicaya, a 47-year-old native of Pointe Noire, was promoted to the [...] CONGO 31/03/2015 What will change under new oil legislation 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. [...] Receive prompts for these topics CONGO Denis Sassou-Nguesso Glencore Natixis SNPC Trafigura Create a freenotification What is a notification?