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Sonangol

Sonangol is Angola’s state oil company and the largest company in the country. It is the sector regulator, the national producer and an oil trader.

Angola, Morocco
Moroccan Karim Bouhout pushing to realise oil ambitions in Angola

The businessman has been negotiating with Sonangol to buy a stake in the Lobito refinery project, and is also interested in two offshore exploration blocks.

Angola
Threatened with $100m arbitration over Kwanza-Sul cement plant, Luanda keeps silent

The Emirati company ETA Star International, which built the plant, is threatening to take the case to the ICSID. The government has chosen not to respond.

Subscribers only Energy 24.03.2025

Spotlight | Angola
Junior oil companies Afentra and Kariya duel for Etu Energias assets

The two are jostling to buy out the MPLA regime's relatives for their stakes in particularly promising Angolan offshore licences.

Free access Energy 18.03.2025

An oil field operated by Etu Energias in Angola.

South Africa
Inspired by Nigeria's Dangote, Pretoria dreams of its own mega refinery

South Africa is considering building a new oil refinery to reduce its dependence on fuel imports, yet the colossal cost may make it an unlikely option.

Subscribers only Energy 25.02.2025

Nigerian President Muhammadu Buhari (in blue), Aliko Dangote (on his right) and Togolese President Faure Gnassingbé (on his left) in Lagos, 22 May 2023.

Angola
Finance woes stall Soyo refinery project

Quanten Consortium is in charge of building the plant, but it has been unable to secure the necessary funds, making the project increasingly uncertain.

Subscribers only Energy 28.01.2025

At the Sonangol refinery in Luanda, Angola, 22 October 2020.

Angola
Gazprom-backed Serbian partner puts Luanda in a bind over Block 3/05

The announcement that Serbian state company Naftna Industrija Srbij, 56.15%-owned by Russia's Gazprom, will soon face US sanctions has caused a stir as far away as Angola.

Subscribers only Energy 24.12.2024

Angola, Congo, Gabon
SPIE's oil troubles

The French energy and telecoms giant is struggling to maintain its subcontracting work with oil companies in Africa. It has been directly accused of responsibility for the deadly fire on the Becuna platform in Gabon in March and faces other problems elsewhere in the wider region.

Subscribers only Energy 18.12.2024

Ivory Coast
Sonangol maintains foothold in Ivory Coast despite divestment

In November, the Angolan state-owned company Sonangol signed a preliminary agreement with its Ivorian counterpart Petroci for the construction of an oil services base in Abidjan.

Subscribers only Energy 10.12.2024

Spotlight | Angola
Dubai's ETA hunts Sonangol millions sunk into Kwanza Sul cement plant

The Sumbe cement factory developer is claiming $100m in damages and unpaid bills from the Angolan state. Certain elements of the Sonangol-funded project are still shrouded in mystery a decade after its construction, not the least the final cost or its beneficiaries.

Subscribers only Infrastructure 13.11.2024

Sonangol HQ in Luanda, Angola, 17 February 2020.

Angola, DRC
Kinshasa's strategy to get Common Interest Zone up and running

Determined to assert its rights over its offshore oil resources, the Congolese government is progressing on the development of the Common Interest Zone with Angola under the lead of hydrocarbons minister Sakombi Molendo.

Subscribers only Energy 31.10.2024

Angola
Acrep and Sonangol eject Force Petroleum from Cabinda South

The company was unable to pay its dues under the production sharing agreement.

Subscribers only Energy 20.09.2024

Ivory Coast
TotalEnergies follows Shell's lead in exiting Société Ivoirienne de Raffinage

The Western majors are steadily pulling out of refineries on the continent, with Ivory Coast the latest to experience this, much to the government's chagrin.

Subscribers only Energy 23.08.2024

Presidents Alassane Ouattara and Emmanuel Macron at the Élysée Palace in Paris in November 2023.

Spotlight | Angola
Lourenço angles to retain TotalEnergies, Azule, Chevron and ExxonMobil

Luanda has introduced a range of fiscal measures to reverse the steep decline in oil production and encourage investment in an industry which has been struggling for the best part of a decade.

Subscribers only Energy 17.05.2024

Angolan president João Lourenço during the 2024 US-Africa Business Summit in Dallas, Texas, on 7 May 2024.

Angola
Gemcorp pins hopes on Cabinda refinery opening in November

UK investment fund Gemcorp, whose CEO is Atanas Bostandjiev, is hopeful that work on the construction of the Cabinda refinery will enable phase one (30,000bpd) to come on stream this November.

Subscribers only Energy 24.04.2024

Spotlight | Angola
Angola first lady helps TotalEnergies soft power push

The French major is seeking to become a key player in education in Angola, expanding its network thanks to the help of Ana Dias Lourenço.

Subscribers only Energy, Politics 23.04.2024

The wife of the Angolan president, Ana Dias Lourenço, in Louanda, 28 September 2019.

Angola
Spymaster's wife joins ANPG oil regulator board

João Lourenço has appointed the new board of the Angolan oil and gas regulator, and among the newcomers is the wife of the country's intelligence chief.

Subscribers only Energy 29.02.2024

Angola
The mysterious shareholders in oil juniors ACREP and Etu Energias

Africa Intelligence can reveal the shareholding structure of Angola's two largest private oil operators, both set up during the Dos Santos era.

Subscribers only Energy 16.02.2024

Spotlight | Angola
Angola issues embezzlement indictments for Generals Dino and Kopelipa

The country's highest court has issued an indictment against two of the most influential generals from the president dos Santos era, Africa Intelligence can reveal.

Subscribers only Politics 12.02.2024

The Palace of Justice, home to the Tribunal Supremo de Angola.

DRC
UBA extends new $65m credit line to Sonahydroc

United Bank for Africa has renewed its financing for the DRC state-owned oil company, but halved the amount it is providing. The funds could be used to purchase petroleum products from Angola's Sonangol.

Subscribers only Finance, Energy 08.02.2024

Angola
Senior MPLA figures continue to snap up oil permits

The Angolan oil and gas regulator has authorised eight oil companies to take shares in 12 blocks that featured in a recent tender call. Once again, firms with close connections to the Dos Santos administration have been amply rewarded.

Subscribers only Energy 26.01.2024

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Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Sonangol

Angola, Morocco
Moroccan Karim Bouhout pushing to realise oil ambitions in Angola

Angola
Threatened with $100m arbitration over Kwanza-Sul cement plant, Luanda keeps silent

Spotlight | Angola
Junior oil companies Afentra and Kariya duel for Etu Energias assets

South Africa
Inspired by Nigeria's Dangote, Pretoria dreams of its own mega refinery

Angola
Finance woes stall Soyo refinery project

Angola
Gazprom-backed Serbian partner puts Luanda in a bind over Block 3/05

Angola, Congo, Gabon
SPIE's oil troubles

Ivory Coast
Sonangol maintains foothold in Ivory Coast despite divestment

Spotlight | Angola
Dubai's ETA hunts Sonangol millions sunk into Kwanza Sul cement plant

Angola, DRC
Kinshasa's strategy to get Common Interest Zone up and running

Angola
Acrep and Sonangol eject Force Petroleum from Cabinda South

Ivory Coast
TotalEnergies follows Shell's lead in exiting Société Ivoirienne de Raffinage

Spotlight | Angola
Lourenço angles to retain TotalEnergies, Azule, Chevron and ExxonMobil

Angola
Gemcorp pins hopes on Cabinda refinery opening in November

Spotlight | Angola
Angola first lady helps TotalEnergies soft power push

Angola
Spymaster's wife joins ANPG oil regulator board

Angola
The mysterious shareholders in oil juniors ACREP and Etu Energias

Spotlight | Angola
Angola issues embezzlement indictments for Generals Dino and Kopelipa

DRC
UBA extends new $65m credit line to Sonahydroc

Angola
Senior MPLA figures continue to snap up oil permits

Refine your search

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Namibia Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria The latest secrets of a $10bn legal scandal between Abuja and London

Cabo Delgado: a gas Eldorado and security nightmare

West African cocoa cartel battles with the traders

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Sonangol

Angola, Morocco Moroccan Karim Bouhout pushing to realise oil ambitions in Angola

Angola Threatened with $100m arbitration over Kwanza-Sul cement plant, Luanda keeps silent

Spotlight | Angola Junior oil companies Afentra and Kariya duel for Etu Energias assets

South Africa Inspired by Nigeria's Dangote, Pretoria dreams of its own mega refinery

Angola Finance woes stall Soyo refinery project

Angola Gazprom-backed Serbian partner puts Luanda in a bind over Block 3/05

Angola, Congo, Gabon SPIE's oil troubles

Ivory Coast Sonangol maintains foothold in Ivory Coast despite divestment

Spotlight | Angola Dubai's ETA hunts Sonangol millions sunk into Kwanza Sul cement plant

Angola, DRC Kinshasa's strategy to get Common Interest Zone up and running

Angola Acrep and Sonangol eject Force Petroleum from Cabinda South

Ivory Coast TotalEnergies follows Shell's lead in exiting Société Ivoirienne de Raffinage

Spotlight | Angola Lourenço angles to retain TotalEnergies, Azule, Chevron and ExxonMobil

Angola Gemcorp pins hopes on Cabinda refinery opening in November

Spotlight | Angola Angola first lady helps TotalEnergies soft power push

Angola Spymaster's wife joins ANPG oil regulator board

Angola The mysterious shareholders in oil juniors ACREP and Etu Energias

Spotlight | Angola Angola issues embezzlement indictments for Generals Dino and Kopelipa

DRC UBA extends new $65m credit line to Sonahydroc

Angola Senior MPLA figures continue to snap up oil permits

Refine your search

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Namibia
Namibia oil utopia hangs on TotalEnergies' final investment decision

Nigeria
The latest secrets of a $10bn legal scandal between Abuja and London

Angola, Morocco
Moroccan Karim Bouhout pushing to realise oil ambitions in Angola

Angola
Threatened with $100m arbitration over Kwanza-Sul cement plant, Luanda keeps silent

Spotlight | Angola
Junior oil companies Afentra and Kariya duel for Etu Energias assets

South Africa
Inspired by Nigeria's Dangote, Pretoria dreams of its own mega refinery

Angola
Finance woes stall Soyo refinery project

Angola
Gazprom-backed Serbian partner puts Luanda in a bind over Block 3/05

Angola, Congo, Gabon
SPIE's oil troubles

Ivory Coast
Sonangol maintains foothold in Ivory Coast despite divestment

Spotlight | Angola
Dubai's ETA hunts Sonangol millions sunk into Kwanza Sul cement plant

Angola, DRC
Kinshasa's strategy to get Common Interest Zone up and running

Angola
Acrep and Sonangol eject Force Petroleum from Cabinda South

Ivory Coast
TotalEnergies follows Shell's lead in exiting Société Ivoirienne de Raffinage

Spotlight | Angola
Lourenço angles to retain TotalEnergies, Azule, Chevron and ExxonMobil

Angola
Gemcorp pins hopes on Cabinda refinery opening in November

Spotlight | Angola
Angola first lady helps TotalEnergies soft power push

Angola
Spymaster's wife joins ANPG oil regulator board

Angola
The mysterious shareholders in oil juniors ACREP and Etu Energias

Spotlight | Angola
Angola issues embezzlement indictments for Generals Dino and Kopelipa

DRC
UBA extends new $65m credit line to Sonahydroc

Angola
Senior MPLA figures continue to snap up oil permits