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Sonangol, Angola’s state oil firm, said it’s still working toward an initial public offering of as much as 30 percent of its shares. “We are taking the steps that are needed, at least ...
Angolan state oil giant Sonangol registered a $4.1 billion net loss in 2020 as the COVID-19 pandemic hollowed out sales and the company struggles to lighten its large debt with asset sales ...
Angolan state oil company Sonangol will keep its stakes in Portugal's Galp Energia and Millennium bcp lender as it considers them strategic assets, Sonangol CEO Sebastiao Gaspar Martins told ...
Sonangol EP, Angola’s state oil company, and Cohydro of neighboring Democratic Republic of Congo will develop a shared oil block off the coast of the two countries, Congolese Oil Minister ...
Sonangol will continue the development of strategies and actions with all stakeholders to relaunch the stability and attractiveness of the hydrocarbons industry in Angola.” “I want ...
Sonangol EP, the state-run oil company in Angola, is seeking $1 billion in cost savings by the end of the year to help cope with plunging crude prices. Skip to content.
Angola's state oil company Sonangol will soon respond to an arbitration request by U.S. oil firm Cobalt which is seeking more than $2 billion from the African company after the two failed to reach ...
Angolan state oil company Sonangol on Friday was said to have trimmed two offers of October-loading crude, while Exxon was heard to have won a recent Sasol buy tender. * Sonangol was offering ...
Angola’s Sonangol exercised its right of first refusal with its wholly owned subsidiary, Sociedad Pesquisa e Producao SARL, agreeing to buy 20% undivided working interest in Angola Block 32 from ...
Houston’s Cobalt International Energy has moved a step closer to extricating itself from an Angolan oil venture, winning bankruptcy court approval of a $500 million settlement with Angola’s ...
Dubai (AFP) – Dubai said on Thursday that it has signed a memorandum of understanding with China Sonangol to build a crude oil refinery aimed at meeting rising domestic demand. The refinery ...
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