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The all-powerful former Sonangol chairman Manuel Vicente has placed his troops within the executive board at Somoil, the junior he [...]
The founders of the country's largest private oil firm, Somoil, owe the state colossal sums. [...]
The head of the state-owned Sonangol will be working alongside a much more eclectic group of directors. [...]
In the end, Carlos Saturnino's discord with the hydrocarbons agency cost him his job. [...]
Manuel Vicente, who was the chairman of the board at Angola's state-owned oil firm Sonangol from 1999 to 2012, has [...]
The most powerful private Angolan oil & gas firm appears to have blind faith in former executives of the French major. [...]
The Angolan president wants to give its financial backers reassurance by trimming back the public firm's activities. [...]
With the price of oil on the rise for the past year, the ruling MPLA party's favourite firm has ambitious plans to beef up production. [...]
Sonangol will be presenting its report to the Angolan government in late August on its choice of company for the [...]
After being side-lined by Isabel dos Santos, Sonangol's former CEO Manuel Vicente has made a spectacular come-back under President Joao Lourenco. [...]
While state-owned firm Sonangol has begun proceedings to purchase Texan firm Cobalt International Energy's blocks 20 and 21 (AEI 812), [...]
Like Cobalt International Energy, under attack for its ties with companies close to government in Luanda, all of the majors operating in Angola are obliged to make concessions. If they want to be sure of landing the best blocks they [. [...]
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 [. [...]
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