Angola to Investigate $50b Shortfall in Sonangol

• Wednesday, 8th June 2016
• by Egypt Oil & Gas

Angola will investigate reports of a $50b shortfall in the accounts of Sonangol, the state-run oil company, local newspaper Valor Economico reported citing unidentified people close to the international consultants hi...

Angolan President’s Daughter in Charge of Sonangol

• Sunday, 5th June 2016
• by Egypt Oil & Gas

The Angolan President, Jose Eduardo dos Santos, has appointed his billionaire businesswoman daughter, Isabel dos Santos, as head of state energy firm Sonangol in a move that was sharply condemned by the main oppositio...

Sonangol’s Ex-CEO Tipped as Possible President of Angola

• Sunday, 13th March 2016
• by Egypt Oil & Gas

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 ...