Manuel Vicente News
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Agriculture in Angola, once the world’s fourth-biggest coffee producer, is being held back by limited competition and processing facilities and a lack of cooperation among small-scale farmers, the head of the National Cereals Institute said.
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Angola, Africa’s second-largest crude producer, has appointed Manuel Vicente as chairman of the state oil company Sonangol EP for three more years, according to state-owned news agency Angop.
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The Angolan Cabinet’s reappointment of Manuel Vicente as the head of the state oil company, Sonangol EP, appears to have thrown open the race to succeed President Jose Eduardo dos Santos.
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Angolan President Jose Eduardo dos Santos may step down as leader of Africa’s second-biggest oil producer before or after elections next year, a spokesman for the ruling party said.
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Angolan President Jose Eduardo dos Santos has picked Manuel Vicente, chairman of state-owned oil company Sonangol EP, as his successor, weekly newspaper Novo Jornal reported today, citing an unidentified person in the ruling party.
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Cobalt International Energy Inc., the offshore oil explorer backed by Goldman Sachs Group Inc., says it’s committed to developing oil prospects in Angola’s pre-salt basin after the government said it was free to leave.
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BP Plc won the right to operate the presalt oil block 19 in Angola, Manuel Vicente, chairman of state-owned oil company Sonangol, told reporters in Luanda today.
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The Obama administration and European governments are seeking help from Arab and Asian allies to reduce Iran’s oil revenue in the dispute over its nuclear program, while trying to avoid causing a surge in prices that may threaten the global economic recovery.
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BP Plc won a 50 percent stake and the right to operate the presalt block 24 in Angola, said Manuel Vicente, chairman of state-owned oil company Sonangol.
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Angola plans to ban foreign oil companies from contracting services from companies abroad, Radio Nacional de Angola said, citing Manuel Vicente , chairman of the state-owned oil company Sonangol EP.
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