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Clocking in a net loss of $150 million for the third quarter of 2017, with $167 million in interest payments [...]
There is a rich blend of industrial interests and diplomatic stakes at play in the talks launched at the end [...]
Lacking the financial muscle to continue monopolizing the local oil industry, Sonangol has opened the door to the private sector. [...]
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. [...]
Accused by its shareholders of corruption in Angola and of hiding the poor results of drilling on two blocks in the country, Cobalt now has to explain itself in court. [...]
Although state-owned Sonangol has recently been reported to be behind [...]
To duck further criticism from foreign companies active in Angola [...]
Struggling to overlook any source of new revenue, Sonangol has sold off some of its stake in Galp Energia. [...]
When Angolan president Jose Eduardo dos Santos officially appointed his daughter, Isabel dos Santos, as CEO of Sonangol (AEI 771) [...]
When the new CEO of Texas-based Cobalt International Energy, Timothy [...]
Sonangol is trying to set the spur to new exploration on blocks 14 and 17 in order to boost resources and investment. [...]
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