SNPC

Congo
Paris court orders SNPC to pay thousands to Natixis and Commisimpex

French lawyer Jean-Georges Betto was unable to prevent another defeat for Société Nationale des Pétroles du Congo (SNPC) against Commisimpex in a Paris court last month.

Spotlight | Congo
Françoise Joly bestows her favours on Bayegan at expense of Masono

The Turkish oil trader Bayegan has worked its way into the good books of Sassou's international affairs adviser, whereas its rival Masono appears to have fallen out of favour.

Congo
Itoua speeds up unambitious hydrocarbons ministry reorganisation

The heads of the ministry's five new departments have now been appointed. Most of the appointments are internal, however, and raise once again the ongoing question of conflicts of interest.

Congo
'Ill-gotten gains': Sassou clan braces for fresh charges

The Congolese so-called 'ill-gotten gains' case will gather pace in the next months. President Denis Sassou-Nguesso is irked that his granddaughter, Yacine Queenie Bongo, has been summoned by the French courts, who may follow suit with his son, Denis Christel Sassou-Nguesso, in late August.

Spotlight | Congo
ENI's $5bn 'Marine XII' LNG project in Congo electrifies politicians and subcontractors alike

By promising substantial investments in an LNG export project off the coast of Pointe-Noire, Italy's ENI has raised hopes of breathing new life into a moribund industry. The Congolese authorities have placed high stakes on the project.

Congo
TotalEnergies, ENI and Perenco dilly-dally over Djeno terminal

TotalEnergies, ENI, Perenco and the SNPC are struggling to reach agreement on management of the Djeno Terminal. This has angered the oil minister, who has given them until 31 March to settle their differences.

Palace Intrigues
William Ruto, Denis Sassou Nguesso, Kaïs Saïed, Ben Moctar Maouloud

Intrigues big and small... Every Tuesday, Africa Intelligence takes a peek into the corridors of power in Africa and beyond.

KenyaState House employees find First Lady's fasting hard to swallow

CongoDenis Sassou Nguesso honours his oilmen

TunisiaKaïs Saïed blocks football boss from attending FIFA congress

Ivory CoastBen Moctar Maouloud courts French arms companies at Bpifrance salon

Congo
Djeno terminal's nationalisation is a game changer for TotalEnergies and ENI

The two majors had a joint concession on the country's main oil terminal for half a century. Its transfer to state ownership means they will now have to pay rent and put up with oversight.

Congo
Deutsche Bank and Citigroup get involved in Brazzaville's debt restructuring

The two banks, which specialise in restructuring sovereign debt on the bond markets, are preparing to issue loans on the financial markets for the Congolese state.

Congo
IMF recommendations on conflicts of interest spell trouble for oil ministry

Under pressure from international donors, the Congolese president has signed a decree to crack down on conflicts of interest within his administration. Its implementation is likely to have repercussions for numerous advisers to the oil minister who have one foot in the private sector.

Congo
Denis Christel Sassou Nguesso loses ground in Brazzaville

Despite considerable self-promotion efforts, the international cooperation minister is struggling to find his place within a government where he has managed to irk several ministers. His public-private partnership law has just been rejected by his father, the Congolese president, who keeps him at a safe distance from presidential affairs.

Congo
Congo bows to IMF pressure and overhauls hydrocarbons ministry

The Congolese hydrocarbons ministry is about to undergo a radical shakeup. In particular, the powerful hydrocarbons general directorate is to disappear.

Congo
After London and Dubai, Denis Christel Sassou Nguesso plans Singapore investment conference

The Congolese Minister of International Cooperation and Public Private Partnerships (PPP), Denis Christel Sassou Nguesso, is planning a major conference for investors in Singapore.