Edition:
United States

Noah Browning

Angola pleads for help to claw back assets lost to corruption

Jan 21 2020

LONDON Angola is seeking other countries' help to recover state funds lost because of corruption, Minister of State for Economic Coordination Manuel Jose Nunes Junior said on Tuesday.

IEA says oil stocks, non-OPEC output to buffer market from shocks

Jan 16 2020

LONDON Surging oil production from non-OPEC countries led by the United States along with abundant global stocks will help the market weather political shocks such as the U.S.-Iran stand-off, the International Energy Agency (IEA) said on Thursday.

RPT-I'm a scapegoat: Angola's Isabel dos Santos decries corruption 'witch hunt'

Jan 13 2020

* Says anti-corruption drive hurts private sector, investment

I'm a scapegoat: Angola's Isabel dos Santos decries corruption 'witch hunt'

Jan 10 2020

LONDON Angolan billionaire and former first daughter Isabel Dos Santos decried a New Year's Eve court order to freeze her vast assets as a "witch hunt" engineered to weaken her father's influence and distract from economic failures.

Angola retrieves more than $5 bln in stolen assets amid crackdown on graft

Dec 17 2019

LONDON, Dec 17 Angola has recovered more than $5 billion stolen from state coffers so far this year, both at home and from abroad, Justice Minister Francisco Queiroz said on Monday, amid a two-year crackdown on corruption.

Oil market to remain oversupplied despite deepening OPEC+ cuts: IEA

Dec 12 2019

LONDON Global oil inventories could rise sharply despite OPEC and its allies deepening their output cuts and slowing U.S. production growth, the International Energy Agency (IEA) said on Thursday.

Angolan ex-president's son on trial in rare corruption case

Dec 10 2019

LONDON The son of Angola's veteran ex-president faced corruption charges before the country's supreme court in a trial which opened on Monday, state news agency ANGOP said, the most high-profile case yet under the government's anti-corruption drive.

Petrobras seeks swift sale of Braskem, smoother offshore auction process

Dec 06 2019

LONDON The chief executive of Brazilian state-run oil firm Petroleo Brasileiro SA (Petrobras) said on Friday he wants to sell the company's stake in petrochemical company Braskem SA within a year.

UPDATE 1-Angola's Sonangol cancels contract for Cabinda refinery - news agency

Dec 05 2019

LONDON, Dec 5 Angolan oil company Sonangol has terminated a contract with Hong Kong-based consortium United Shine to build the Cabinda Refinery but plans to go ahead with other investors, state news agency ANGOP reported on Thursday.

OPEC unlikely to change output policy this week - IEA head of oil

Dec 03 2019

LONDON Oil producers from the Organization of the Petroleum Exporting Countries (OPEC) are unlikely to agree to change their current deal on curbing output until the market outlook becomes clearer, a senior official at the International Energy Agency (IEA) said on Tuesday.

World News