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With new opportunities to be had with Angola's diamond trade now open to private enterprise, the South African company has decided to open a branch in the country. [...]
Norwegian billionaire Kjell Inge Rokke has managed to secure a prime position for his firm Aker Solutions on Africa's oil services market in the space of a few years. [...]
While state-owned firm Sonangol has begun proceedings to purchase Texan firm Cobalt International Energy's blocks 20 and 21 (AEI 812), [...]
A Texan services company is claiming $5 million in outstanding payments from Sonangol for equipment then supplied to the American major for its operations in Angola. [...]
With his back against the wall as he attempts to address the mountain of arrears Sonangol owes its oil partners, [...]
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. [...]
The reshuffle of state-run firm Sonangol's board of directors at the end of September should give the company chairwoman Isabel [...]
Although they have been waiting for an investment decision on block 16 for several years, the Angolan authorities have decided [...]
The decade-long legal wrangle between Sonangol and the oil majors has finally come to an end. [...]
Flying in the face of low crude prices, over the past few months ExxonMobil has been on a spending spree across Africa picking up a string of new acquisitions. New boss Darren Woods' arrival in January doesn't seem to have [. [...]
At the start of May, Colombia’s state-owned oil company Ecopetrol [...]
Undeterred by the crisis hanging over Angola since the oil [...]
Lacking the financial muscle to continue monopolizing the local oil industry, Sonangol has opened the door to the private sector. [...]
Africa Energy Intelligence understands that N’Gunu Tiny, a well-connected Angolan businessman who heads the consulting and investment firm Emerald Group, [...]
Embroiled in financial and judicial wrangles, the head of Sonangol, is finding it hard to push through reforms in the oil sector. She’s compensating by publicizing her activities. [...]
The daughter of Angola’s leader is counting on the ex managing director of Chevron in Brazil to help her overhaul the state-owned giant. [...]
Named boss of Angola’s state-owned oil group Sonangol on June 3, Isabel dos Santos, daughter of the country’s president, had been preparing for her coronation for months in league with her father, Jose Eduardo dos Santos. [...]
The prospect that conditions conducive to searching for oil in Somalia are returning has resulted in a variety of initiatives. And this despite the fact that the civil war against the Al Shabaab Islamists has not yet been won, even [. [...]
The ruling MPLA party won’t be in any danger of losing power in legislative elections at the end of this year but the day is fast approaching when Luanda will have to give others as bigger piece of Angola’s oil [. [...]
Angola and its national oil company Sonangol are actively preparing for the future of their oil industry - and energy in general. Luanda is not only intent on profiting fully from the current spike in demand for oil and gas [. [...]
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