The Angolan minister, a Congolese politician, a Nigerian governor and the nephew of South Africa’s President, all of them with ties to oil money are some of the Africans among those implicated in the so-called Panama ...
Angola's Liquefied Natural Gas Company will resume production in July 2016 after being suspended since April 2014 due to a failure in one of the pipelines of the gas flaring system.
The Egyptian Maintenance Company (EMC) has managed to sign contracts for the maintenance of oil and electricity projects in Oman, Algeria, and Angola for the first time and to increase its activities in Iraq, Mohamme ...
Angola's Vice-President and former CEO of state-run oil company, Sonangol, Manuel Vicente, is being considered as one of possible presidential successors, following the announcement that the current head of the count ...
The government of Angola will adopt a set of measures to respond to the emerging crisis in the country resulting from the sharp drop in oil prices resulting in scarce and more expensive food resources.
The IMF said it stands ready to help sub-Saharan Africa's oil exporters cope with plunging crude prices and growing fiscal pressures but has not received any new funding requests.
Low oil prices has pushed the Angolan government to move forward with a reform in private investment and public services, but the process seems to be moving slowly.
Angolan state oil company Sonangol signed a commitment with Italian ENI to upgrade current plans for the completion of the Lobito refinery site, delayed over rising costs and financing problems.
Angola’s state energy company Sonangol signed a 10-year agreement with Sinochem Group seeking to increase its funds to withstand low oil price and US shale competition.