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.
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.
* Says anti-corruption drive hurts private sector,
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.
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.
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.
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.
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.
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.
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.