Angola's state oil firm said it is still working toward an initial public offering of as much as 30 percent of its shares. Sonangol, Angola’s state oil firm, said it’s still working toward an ...

LONDON, Sept 17 (Reuters) - 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 ...

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. The company plans to renegotiate contracts ...

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 ...

JOHANNESBURG, April 16 (Reuters) - Global commodities trader Trafigura (TRAFGF.UL) has agreed to buy Angolan state oil giant Sonangol's 31.78% stake in loss-making Puma Energy for $600 million in ...

HOUSTON--(BUSINESS WIRE)--The Angolan National Concessionaire Sociedade Nacional de Combustíveis de Angola — Empresa Pública (“Sonangol”) and Cobalt International Energy, Inc. (“Cobalt ...

LISBON, Jan 4 (Reuters) - Angola's state oil giant Sonangol plans an initial public offering of up to 30% of its capital on the country's BODIVA bourse by 2027, and then a listing of its shares on ...

LONDON, Aug 26 (Reuters) - 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.

LUANDA, July 3 (Reuters) - 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 ...

The 107,000-dwt aframax Eagle Kinabalu (built 2011), owned by MISC’s AET Tankers, discharged about 500,000 barrels of this ...

To achieve these goals, the country’s NOC Sonangol has undergone a transformation – underpinned by a privatization initiative spearheaded by the government. Now, Sonangol has emerged as a ...