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Angola

Kangamba to pocket dollars from Tchegi’s diamonds

General Bento dos Santos, a k a Kangamba, has many reasons to be happy. Married to Avelina, niece of Angolan [...]

Subscribers only Mining 12.04.2016

Tradinter waits for better days in the offshore

Angolan businessman Braulio de Brito, founder of the consulting concern Tradinter that specializes in oil and gas, might take a [...]

Subscribers only Energy 05.04.2016

Egyptian firm Elsewedy, Luanda's new favourite

In its drive to improve electricity service in the country, and particularly in the capital, Prodel (Empresa Publica de Producao [...]

Subscribers only Energy 05.04.2016

Total’s first cost-cutting measures on Kaombo

The French major Total has unified its north and south [...]

Subscribers only Energy 05.04.2016

First impact of Maersk freeze on Chissonga project

The first consequences of Maersk Oil’s decision to postpone development [...]

Subscribers only Energy 05.04.2016

Endiama/Alrosa over the moon about Luaxe’s gems

Carlos Sumbula, chairman of the board of Endiama recently travelled [...]

Subscribers only Mining 29.03.2016

Despite itself, Chevron caught up in JIZ spat

The Congo-K oil minister’s cancellation of the joint interest zone (JIZ) with Angola has put the American major in an awkward position.

Subscribers only Energy 22.03.2016

High-powered team to mull Sonangol’s future

Already committed to major changes at Sonangol, the Angolan government wants to draft fresh legislation for the entire oil and gas sector.

Subscribers only Energy 22.03.2016

ENI's lightens financial burden on block 15/06

Italy’s ENI has modified terms on block 15/06 in Angola in order to step up the recovery of its costs and hasten the time it takes for the block to make money.

Subscribers only Energy 22.03.2016

Block 2/05 partly swallows 2/85

In early March, Angolan oil minister Jose Maria Botelho de [...]

Subscribers only Energy 22.03.2016

Diamond cooperatives spread through country

Launched in January, 2015 under the auspices of Carlos Sumbula, [...]

Subscribers only Mining 15.03.2016

Thanks to Sonangol, Luanda cronies get slice of block 2/05

Up to now present only on blocks 17/05 (5%) and 33 (16%), the local firm Falcon Oil Holding Angola has [...]

Subscribers only Energy 08.03.2016

Luanda still counting on oil to keep it afloat

The government has adopted several key measures in the oil sector to bring an additional $11 billion into its coffers in 2016.

Subscribers only Energy 08.03.2016

Gaspar Martins heads Somoil, the preserve of ex Sonangol high flyers

Taking over from Alberto de Sousa on his retirement, Sebastiao Pai Querido Gaspar Martins was recently named CEO of the [...]

Subscribers only Energy 08.03.2016

Continental shelf: Dos Santos plays cat & mouse with Bongo

A dispute between Angola and Gabon over the extension of [...]

Subscribers only Energy 08.03.2016

The authorities upgrade the Tchihumbwe dam

According to Angola’s energy ministry, the Tchihumbwe dam (12.4 MW) [...]

Subscribers only Energy 08.03.2016

White Rose Genel pulls out of ill-stared Kwanza basin

Angolan oil minister Jose Maria Botelho de Vasconcelos recently signed two decrees allowing the consortium White Rose Genel Angola to [...]

Subscribers only Energy 23.02.2016

European Commission won't let Isabel dos Santos off the hook

An inquiry by the European Commission into how Isabel dos Santos, daughter of Angolan president Jose Eduardo dos Santos, bought [...]

Subscribers only Energy 23.02.2016

Somoil on a roll in Luanda

Holding a 15% stake on the onshore Fina-Sonangol-Texaco block (FST) [...]

Subscribers only Energy 23.02.2016

Iran’s Petropars sent packing for failing to pay up

Late last year the Iranian firm Petropars was ejected from [...]

Subscribers only Energy 23.02.2016

Match between Vieira de Almeida and Miranda in the oil sector

After six partners of the Portuguese law firm Miranda & [...]

Subscribers only Energy 23.02.2016

Isabel dos Santos takes charge of oil and gas

Threatened by a collapse in its revenue, the Angolan government has set out timidly on the road to reforms - but with its people in charge.

Subscribers only Energy 09.02.2016

Overhaul continues in Luanda’s power sector

Launched nearly a year ago, the shake-up of Angola’s power branch (AEI 740) is gaining momentum. On Jan. 27 the [...]

Subscribers only Energy 09.02.2016

Sonangol tells Total and Chevron to put up more money

Sonangol is trying to set the spur to new exploration on blocks 14 and 17 in order to boost resources and investment.

Subscribers only Energy 09.02.2016

In addition to layoffs, BP cuts back on contracts

The American engineering group that specializes in offshore services, Oceaneering, [...]

Subscribers only Energy 09.02.2016

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