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Spotlight | Angola
Manuel Vicente's circles still in command of oil dollars

Former Angolan vice president and ex-Sonangol chairman Manuel Vicente may have had to leave executive government when President João Lourenço stepped into office in 2017, he certainly hasn't lost any of the stronghold of the country's oil industry he patiently [...]

Published on 04/02/2020 at 04:30 GMT Reading time 3 minutes

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Energy

Set up email notifications for these topics

ANPG
Baptista Sumbe
Carlos Saturnino
China International Fund
China Sonangol
Cupertino Gourgel
Diamantino Azevedo
Elma Pegado Almeida
Joao Lourenco
Jose Eduardo dos Santos
Luis Manuel
Manuel Vicente
Nelson Pacavira
Paulino Fernando de Carvalho de Jeronimo
Sam Pa
Sebastiao Pai Querido Gaspar Martins
Somoil
Sonangol
Sonangol Asia
Sonangol International Marketing
Sonangol USA

Spotlight | Angola
Angola issues embezzlement indictments for Generals Dino and Kopelipa

The country's highest court has issued an indictment against two of the most influential generals from the president dos Santos era, Africa Intelligence can reveal.

Subscribers only Politics 12.02.2024

The Palace of Justice, home to the Tribunal Supremo de Angola.

Angola
Visalia sues Seadrill for $70m over hook-up with Sonangol

The drilling company Seadrill, which has been associated with Sonangol in the Sonadrill joint venture since 2019, is now in the sights of Visalia Marketing communications agency. The agency wants $70m from Seadrill for having hooked it up with the Angolan state-owned company.

Free access Energy 13.06.2023

Angola
Manuel Vicente set to be big loser in general election

In September, the former Angolan number two and chief executive of Sonangol will lose the immunity he has benefitted from for the last five years and could well find himself prosecuted for corruption.

Subscribers only Politics 22.08.2022

Former Angolan Vice President Manuel Vicente (photo from November 2015).

Angola
WM-DC Resources ejected from ENI's Cabinda North block

WM-DC Resources, an Angolan company recently excluded from the Cabinda North exploration block, is owned by a close associate of Angolan former vice-president Manuel Vicente.

Subscribers only Energy 12.05.2022

Angola
Lourenço plays the game with EITI as elections approach

The Angola committee overseeing Luanda's application for membership of the Extractive Industries Transparency Initiative (EITI) met for the first time in early June. The EITI sees Angola as a key asset to help it expand in southern Africa but could find its efforts to get Angola into the organisation tied to electoral considerations.

Subscribers only Mining 28.06.2021

Angola
Image-conscious Lourenço trumpets his anticorruption credentials

To counter his reputation of being soft on graft, a year ahead of the next election the president and his PR team have mounted a major media campaign, including a flashy TV documentary, around several high-profile sackings.

Subscribers only Politics 07.06.2021

Angola, Brazil
Brazil's meat producers alarmed by Lourenço's protectionism

After a decade of unbridled growth, Brazilian meat exports to Angola could take a steep dive as early as this summer due to new protectionist policies put in place by President João Lourenço.

Subscribers only Energy 14.04.2021

Angola
Companies offer free clean-up of trash-strewn Luanda to win back cancelled contracts

Rubbish is piling up on the streets of the capital after cash-strapped city authorities abruptly cancelled waste-management contracts last year. In the hope of winning new ones now that João Lourenço has mobilised funds, some firms have offered their services at no cost.

Subscribers only Business 30.03.2021

Angola
Baroness Northover signs up to Pensana rare earth project

As the new member of the Pensana board, Baroness Northover should prove to be a real asset for the Longonjo project, both on account of her British parliamentary contacts and her experience of working with the authorities in Luanda.

Subscribers only Mining 29.10.2020

Angola, Switzerland
Experienced oil litigation lawyer to defend top Angolan businessman Carlos de Sao Vicente in Switzerland

Clara Poglia, the lawyer who will represent Angolan insurance magnate Carlos de Sao Vicente before the Swiss courts, has already taken part in several big oil industry cases, including those arising from Brazil's big Lava Jato anti-corruption operation and Gunvor's activities in Congo and Ivory Coast.

Subscribers only Energy 04.09.2020

Partner in Switzerland's Schellenberg Wittmer law firm Clara Poglia.

Spotlight | Angola
Dos Santos era throwback Somoil changes boss again to steady ship

The best-connected junior in Angola has been struggling to retain a stable management team and has turned to Edson dos Santos Sousa, formerly of Sonangol and ExxonMobil, to restore some order.

Subscribers only Energy 12.06.2020

Angolan junior Somoil, whose new CEO is Edson dos Santos Sousa, was founded by former chairmen of Sonangol.

Angola
ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

With oil production in Angola in free fall, exploration has been at a standstill since the start of the second quarter. The situation is likely to last until at least the end of 2020.

Subscribers only Energy 04.06.2020

Spotlight | Angola
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Amid plummeting crude prices, Angola's president has decided to make sweeping changes to Sonangol, the state oil firm. But not everyone is happy.

Subscribers only Energy 27.05.2020

Angola
Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

Choked as it is by the fall in oil prices, Angola is already dangerously exposed to the risk of being unable to reimburse its private debt. Its finances have been complicated by another problem, however.

Subscribers only Finance, Politics 08.05.2020

Former President José Eduardo dos Santos created the public company Recredit in 2016 to take care of the toxic claims of the PCB.

Angola
Manuel Vicente's Somoil heirs poised to launch into distribution

The company created in 2000 by former Angolan vice president Manuel Vicente is ready to move into unchartered waters as it diversifies its activities.

Subscribers only Energy 20.04.2020

Angola
Why is attorney Gros after China International Fund, Sonangol's ally?

By seizing property from Sonangol's partner, China International Fund, the attorney general is declaring war on the architecture of Angola's relations with China, Manuel Vicente.

Subscribers only Finance, Energy 03.03.2020

Angola
Who is Manuel Vicente's trio at the helm of Somoil?

The all-powerful former Sonangol chairman Manuel Vicente has placed his troops within the executive board at Somoil, the junior he [...]

Subscribers only Energy 18.02.2020

Angola
Lourenço hands Jeronimo's ANPG $9 million to renovate head office

Angola's oil and gas regulatory authority, the ANPG, will soon [...]

Subscribers only Energy 18.02.2020

Angola
Sonangol privatisation: behind the scenes of Lourenço's last chance operation

While the economy is continuing to suffer with the drop in national oil output, Luanda is busy preparing the sale of the state-owned firm in the background. Here's how.

Subscribers only Energy 18.02.2020

Angola
Sonangol USA: Elma Almeida, M. Vicente's unsinkable advisor

Most of the senior management in place at Sonangol under former President José Eduardo Dos Santos have been sacked since [...]

Subscribers only Energy 21.01.2020

Angola
Threat worsens for Somoil under Lourenço's watch

The junior in vogue during José Eduardo Dos Santos' era is well aware that the new regime will be not be as lenient.

Subscribers only Energy 21.01.2020

Angola
Somoil founders, Joaquim David and Manuel Vicente, drag firm into quagmire

The founders of the country's largest private oil firm, Somoil, owe the state colossal sums.

Free access Energy 25.06.2019

Angola
Change of guard under new Sonangol boss Gaspar Martins

The head of the state-owned Sonangol will be working alongside a much more eclectic group of directors.

Subscribers only Energy 28.05.2019

Angola
Joao Lourenco picks a Manuel Vicente supporter to get Sonangol back on its feet

In the end, Carlos Saturnino's discord with the hydrocarbons agency cost him his job.

Subscribers only Energy 14.05.2019

Angola
Manuel Vicente's Sonangol years catch up with him

Manuel Vicente, who was the chairman of the board at Angola's state-owned oil firm Sonangol from 1999 to 2012, has [...]

Subscribers only Energy 09.04.2019

Angola
Who are the former Elf execs pampering Somoil in Geneva?

The most powerful private Angolan oil & gas firm appears to have blind faith in former executives of the French major.

Subscribers only Energy 02.10.2018

Angola
Saturnino and Azevedo, Lourenco's new oil bosses with Isabel Dos Santos out of picture

By appointing close allies to the head of Sonangol and the oil ministry, Joao Lourenco is keeping the country's money maker under his wing.

Subscribers only Energy 21.11.2017

Angola
Saturnino and Azevedo, Lourenco's new oil bosses with Isabel Dos Santos out of picture

By appointing close allies to the head of Sonangol and the oil ministry, Joao Lourenco is keeping the country's money maker under his wing.

Subscribers only 17.11.2017

Africa, China
Beijing turns against its African pathfinder, Sam Pa

The Oct. 8 arrest of Sam Pa, an influential Chinese middle-man in Africa, could well mark the end of an [...]

Subscribers only Energy 27.10.2015

Set up email notifications for these topics

ANPG
Baptista Sumbe
Carlos Saturnino
China International Fund
China Sonangol
Cupertino Gourgel
Diamantino Azevedo
Elma Pegado Almeida
Joao Lourenco
Jose Eduardo dos Santos
Luis Manuel
Manuel Vicente
Nelson Pacavira
Paulino Fernando de Carvalho de Jeronimo
Sam Pa
Sebastiao Pai Querido Gaspar Martins
Somoil
Sonangol
Sonangol Asia
Sonangol International Marketing
Sonangol USA

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Spotlight | Angola Manuel Vicente's circles still in command of oil dollars

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create a free account

Set up email notifications for these topics

Spotlight | Angola Angola issues embezzlement indictments for Generals Dino and Kopelipa

Angola Visalia sues Seadrill for $70m over hook-up with Sonangol

Angola Manuel Vicente set to be big loser in general election

Angola WM-DC Resources ejected from ENI's Cabinda North block

Angola Lourenço plays the game with EITI as elections approach

Angola Image-conscious Lourenço trumpets his anticorruption credentials

Angola, Brazil Brazil's meat producers alarmed by Lourenço's protectionism

Angola Companies offer free clean-up of trash-strewn Luanda to win back cancelled contracts

Angola Baroness Northover signs up to Pensana rare earth project

Angola, Switzerland Experienced oil litigation lawyer to defend top Angolan businessman Carlos de Sao Vicente in Switzerland

Spotlight | Angola Dos Santos era throwback Somoil changes boss again to steady ship

Angola ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Spotlight | Angola Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Angola Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

Angola Manuel Vicente's Somoil heirs poised to launch into distribution

Angola Why is attorney Gros after China International Fund, Sonangol's ally?

Angola Who is Manuel Vicente's trio at the helm of Somoil?

Angola Lourenço hands Jeronimo's ANPG $9 million to renovate head office

Angola Sonangol privatisation: behind the scenes of Lourenço's last chance operation

Angola Sonangol USA: Elma Almeida, M. Vicente's unsinkable advisor

Angola Threat worsens for Somoil under Lourenço's watch

Angola Somoil founders, Joaquim David and Manuel Vicente, drag firm into quagmire

Angola Change of guard under new Sonangol boss Gaspar Martins

Angola Joao Lourenco picks a Manuel Vicente supporter to get Sonangol back on its feet

Angola Manuel Vicente's Sonangol years catch up with him

Angola Who are the former Elf execs pampering Somoil in Geneva?

Angola Saturnino and Azevedo, Lourenco's new oil bosses with Isabel Dos Santos out of picture

Angola Saturnino and Azevedo, Lourenco's new oil bosses with Isabel Dos Santos out of picture

Africa, China Beijing turns against its African pathfinder, Sam Pa

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Botswana, South Africa
From Gaborone to Antwerp, is De Beers's empire on the rocks?

Mali, Senegal, Togo
The secrets of Demex, the trader selling Russian oil in West Africa

Spotlight | Angola
Manuel Vicente's circles still in command of oil dollars

Spotlight | Angola
Angola issues embezzlement indictments for Generals Dino and Kopelipa

Angola
Visalia sues Seadrill for $70m over hook-up with Sonangol

Angola
Manuel Vicente set to be big loser in general election

Angola
WM-DC Resources ejected from ENI's Cabinda North block

Angola
Lourenço plays the game with EITI as elections approach

Angola
Image-conscious Lourenço trumpets his anticorruption credentials

Angola, Brazil
Brazil's meat producers alarmed by Lourenço's protectionism

Angola
Companies offer free clean-up of trash-strewn Luanda to win back cancelled contracts

Angola
Baroness Northover signs up to Pensana rare earth project

Angola, Switzerland
Experienced oil litigation lawyer to defend top Angolan businessman Carlos de Sao Vicente in Switzerland

Spotlight | Angola
Dos Santos era throwback Somoil changes boss again to steady ship

Angola
ANPG boss Jeronimo tries to save appearances in Kwanza and Congo basins

Spotlight | Angola
Winners and losers as Gaspar Martins and João Lourenço shake up Sonangol

Angola
Unrepaid Dos Santos era loans risk becoming an economic fragmentation bomb

Angola
Manuel Vicente's Somoil heirs poised to launch into distribution

Angola
Why is attorney Gros after China International Fund, Sonangol's ally?

Angola
Who is Manuel Vicente's trio at the helm of Somoil?

Angola
Lourenço hands Jeronimo's ANPG $9 million to renovate head office

Angola
Sonangol privatisation: behind the scenes of Lourenço's last chance operation

Angola
Sonangol USA: Elma Almeida, M. Vicente's unsinkable advisor

Angola
Threat worsens for Somoil under Lourenço's watch

Angola
Somoil founders, Joaquim David and Manuel Vicente, drag firm into quagmire

Angola
Change of guard under new Sonangol boss Gaspar Martins

Angola
Joao Lourenco picks a Manuel Vicente supporter to get Sonangol back on its feet

Angola
Manuel Vicente's Sonangol years catch up with him

Angola
Who are the former Elf execs pampering Somoil in Geneva?

Angola
Saturnino and Azevedo, Lourenco's new oil bosses with Isabel Dos Santos out of picture

Angola
Saturnino and Azevedo, Lourenco's new oil bosses with Isabel Dos Santos out of picture

Africa, China
Beijing turns against its African pathfinder, Sam Pa