Sonagol | Egypt Oil & Gas

Sonangol Delayed Cash-Calls to Oil Majors

Angola's state oil company Sonangol has amassed hundreds of millions of dollars in debts and deferred payments to oil majors and contractors while dos Santos attempts to reform its operations.

ENI, Sonangol Commit to Update Plans for Lobito Refinery

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.

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