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Sonangol And China Development Bank Sign Important Financing Agreement

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AFRICANGLOBE - Following a meeting in Beijing with Zheng Zhijie, the President of China Development Bank, the Chairman of Sonangol EP, Francisco de Lemos...

Angola Exports First Liquefied Natural Gas Cargo to Brazil

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AFRICANGLOBE - Africa’s second largest oil producer, Angola has exported its first Liquefied Natural Gas (LNG), with the maiden shipment departing from Soyo northern province of Zaire, to Brazil.

Angola Earned $33.7 Billion From Oil Sales

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Sonangol EP, Angola’s state-run oil producer, said average daily production fell in 2011 even as it increased revenue because of rising international oil prices. Angola, Africa’s second-largest oil...
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