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News about Angola: Business, Investment, and Trade Weekly – Issue February 19, 2012

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02/08/2012
WAfrica Crude-Nigerian up, Angolan mostly sold outReuters* Qua Iboe up 10-15 cents to dated plus $2.70-$2.90 * Nigerian market adjusting to reduced US demand * IOC has buying tender, other Asian buyer more…
02/09/2012
BusinessLIVEAngola with potentials to re-launch industrial sectorAngolaPressCape Town – Angola's Geology, Mining and Industry Minister, Joaquim David, said that the African country has basis to more…
02/09/2012
James Fisher wins BP contract in AngolaStock Market WireStockMarketWire.com – James Fisher and Sons (JFS) says that its subsidiary in Angola has been awarded a five-year contract by BP Angola for the more…
02/10/2012
Former DuPont engineer released on bondSan Jose Mercury NewsA federal judge in Delaware has ordered a former DuPont Co. engineer charged with conspiring to steal trade secrets from the company release more…
02/11/2012
Toyota, Alcatel-Lucent, A123 are market moversBoston.comThe oil producer released a study showing that its well in offshore Angola might be more productive than many analysts thought. Regulators are i more…
02/13/2012
Angola's International Mining Fair scheduled for AugustMacauhubCape Town, South Africa, 13 Feb – The International Mining Fair of Angola (FIMA 2012) will be held this coming August in Luanda and more…
02/13/2012
Angolan pre-salt discoveries encourage oil companies and authoritiesMacauhubLuanda, Angola, 13 Feb – The potential of Angola's pre-salt layer, where two major discoveries have already been repor more…
02/13/2012
BloombergGoldman Sachs Profit Estimate Rises 21% at ISI on Cobalt's Angola Oil FindBloombergGoldman Sachs Group Inc. (GS)'s first- quarter profit estimate was raised 21 percent at Internationa more…
02/13/2012
AngolaPressAngola-Russia trade reaches Usd 40 millionAngolaPressLuanda – Trade between Angola and Russia reached about Usd 40 million by the third quarter of 2011, Angop learned Monday in Luanda. Th more…
02/13/2012
CNN's Plans Positive Coverage of AngolaAllAfrica.comBy Rafael Marques De Morais, 13 February 2012 The CNN Press Office (London) has answered the concerns raised by Maka Angola on the agreements be more…
02/14/2012
VietNamNet BridgeCity leaders receive Australian Consul-General, Angolan Deputy PresidentSGGPThe Secretary congratulated him on his new term in office and hoped to further boost friendship, and econom more…
02/14/2012
Foreign companies moving to Angola can strengthen the Luanda/Bengo Special …MacauhubLuanda, Angola, 14 Feb – The number of companies operating in the Luanda/Bengo Special Economic Zone (SEZ) is st more…
02/14/2012
Angola's initial privatisation programme enabled the sale of 198 companies in …MacauhubLuanda, Angola, 14 Feb – The Angolan government will this year launch the second phase of the privatisati more…
02/14/2012
Giving the diamonds back their shineThe Africa ReportA soon-to-be-launched new mining law aims to regularise Angola's non-oil extractive industry and attract more investment into the country's more…
02/14/2012
BusinessLIVEKey political risks to watch in AngolaBusinessLIVEAngola's President Jose Eduardo dos Santos has yet to confirm he will lead his MPLA party in a general election in the third quarter o more…
02/14/2012
Concert Promoter's Son Involved in Fight in AnoglaPatch.comPatrick Allocco Jr. was reportedly involved in an altercation at an Angolan nightclub. These images are from the "Free the Alloccos& more…
02/14/2012
2012 Economic Outlook – Report Highlights Cobalt International Energy, Inc …MarketWatch (press release)Economic fundamentals leading into 2012 have set a generally positive pace with GDP growth like more…
02/14/2012
WAfrica Crude-Focus shifts to April, awaits programmeReutersLONDON, Feb 14 (Reuters) – Differentials on West African crude held steady in thin trading on Tuesday as the market focus was shifting to th more…
02/14/2012
Radio Cadena AgramonetAngolan and Cuban Union Organizations Reinforce CooperationRadio Cadena AgramonetSalvador Valdes Mesa, General Secretary of the CTC, and Manuel Augusto Viage, head of the Nationa more…
02/15/2012
Anti-Corruption Watchdog Maka Angola Awarded FundsAllAfrica.comBy Rafael Marques De Morais, 14 February 2012 Washington — Maka Angola, the leading anti-corruption online platform in Angola, has been more…
02/15/2012
Angola: More fuel for the engineThe Africa ReportAfter lower-than-expected production levels in 2011, Angola's oil sector will bounce back in 2012. Companies had failed to meet the forecast of 1.7 more…
02/15/2012
Angop's Journalist Death Leaves Void in Media SectorAllAfrica.comLuanda — The administrator for Information of the Angolan News Agency (Angop), Luisa Damião, Wednesday said that the untimely de more…
02/15/2012
News Briefs – Feb. 15 2012The PendulumRafael Marques de Morias, an Angolan human rights activist, will deliver a keynote address, Diamond Extraction and Crimes Against Humanity in Northeast Angola. more…
02/15/2012
Oceaneering Reports Record Fourth Quarter and Annual EarningsMarketWatch (press release)Our investment in acquisitions of around $290 million was three times what we spent in total on acquisitions dur more…
02/16/2012
Battle brews over SEC disclosure rules for oil, natural gas firmsSan Antonio Express“If the money is being used well, that creates new business opportunities, new investment opportunities and stable more…
02/16/2012
Technip's Fourth Quarter and Full Year 2011 ResultsMarketWatch (press release)Dilutive options are taken into account if the subscription price of the stock options plus the future IFRS 2 charge ( more…
02/16/2012
Angolan industrials seek to reduce industrial tax rate to 25 percentMacauhubLuanda, Angola, 16 Feb – The Angolan Industrial Association (AIA) wants the industrial tax rate to drop to 25 percent, as more…
02/16/2012
VietNamNet BridgeAngola-Vietnam business forum happens in HanoiAngolaPressHanoi – Angola-Vietnam business forum was opened Thursday morning in Hanoi, Vietnam's capital, aimed at promoting variou more…
02/16/2012
Simon Khaya Moyo Speaks On New ConstitutionAllAfrica.comIn separate meetings with Indonesian and Angolan diplomats Eddy Poerwana and Pedro Hendrik Vaal Neto respectively yesterday, Cde Khaya Moyo said more…
02/16/2012
Angola at meeting on migrations in Central AfricaAngolaPressBrazzaville – Angola will be represented by its diplomatic mission to Congo Brazzaville at a meeting on migration in Central Africa set for more…
02/16/2012
Mainichi Daily NewsEni Q4 results hit by refining lossesBusinessWeekBy COLLEEN BARRY Losses from Eni's gas and refining business contributed to a 10 percent drop in fourth-quarter profits, the com more…
02/16/2012
Angola's exports to Canada estimated at billion of Canadian dollarsAngolaPressLuanda – Angola's exports to Canada during 2011 are estimated at over one billion Canadian dollars, said Thursday, more…
02/16/2012
AngolaPressVietnamese vice president wants privileged relations with AngolaAngolaPressThe government official was speaking at the opening of Angola/Vietnam business forum, flanked by the vice presiden more…
02/16/2012
AngolaPressAngola for stronger relations with GermanyAngolaPressBerlim – The Angolan secretary of State for Foreign Affairs, Manuel Augusto, said Wednesday in Berlim it is possible to “give a more more…
02/16/2012
Angola: Vice Minister for Elections Works in BiéAllAfrica.comLuanda — The Angolan deputy minister of Territory Administration for Institutional and Electoral Affairs, Adão de Almeida, travelled Th more…
02/16/2012
Angola:- Manuel VicenteThe Africa ReportBy The Africa Report After more than a decade as chairman of Angola's state oil company, Sonangol, Vicente is tipped as a possible presidential successor to more…
02/16/2012
Angola:- Maria Idalina De Oliveira ValenteThe Africa ReportBy The Africa Report Appointed commerce minister in 2008, Idalina Valente is a respected technocrat. Joining parliament with the MPLA in 1992 more…
02/16/2012
Africa rises to Europe's debt-ridden cry for helpUSD Vista"Angola already has large investments in Portugal's private sector, so they view buying in it as an opportunity," Monica Mar more…
02/16/2012
The End of the Peak Oil TheoryDailyFinanceBy Travis Hoium, The Motley Fool Posted 2:22PM 02/16/12 Investing Last week I got caught up in a show from a few years ago called "Mega Disasters: Oil Ap more…
02/16/2012
Going Deep: Oil Service Providers Should Benefit From Boom In Deepwater DrillingSeeking AlphaThe Big Four's fourth-quarter results and related conference calls revealed that the boom in deepwater more…
02/16/2012
Hornbeck Offshore Services Shares Jumped: What You Need to KnowDailyFinanceBy Travis Hoium, The Motley Fool Posted 3:53PM 02/16/12 Investing Although we don't believe in timing the market or panic more…
02/16/2012
Whoa! What Just Happened to My Stock?Motley FoolBy Rich Duprey | More Articles The market had its worst day so far in 2012, so although your stock may have strapped on a rocket pack and gone higher, r more…
02/16/2012
SEC Subpoenas Halliburton Over Angola OperationsWall Street Journal (blog)By Samuel Rubenfeld Halliburton Co. said Thursday it's responding to a subpoena from the Securities and Exchange Commissio more…
02/17/2012
Leader Of Faction In Angola's Ruling Party Detained, But Police DenyWall Street JournalLONDON (Dow Jones)–A faction of Angola's ruling party Wednesday said its leader was detained, a claim th more…
02/17/2012
VN to facilitate ties with AngolaViet Nam NewsHA NOI — Viet Nam would create more favourable conditions for Vietnamese and Angolan enterprises to foster co-operation and strengthen bilateral relatio more…
02/17/2012
Contrasting economic fortunes see more Angolans leavingThe Portugal NewsAn increasing proportion of the Angolan community in Portugal has either already left or is planning to, community leaders have more…
02/17/2012
Manufacturing Sector Set to Grow Four PercentAllAfrica.comBy Nyasha Francis Nyaunwa, 17 February 2012 The CEO of the Namibia Manufacturers Association, Hennie Fourie says the outlook for the manufactu more…
02/17/2012
BBC NewsPortuguese find the good life in MozambiqueBBC NewsIn his grey suit and tie, Mr Charata is one of a growing stream of unemployed Portuguese, fleeing the economic storms sweeping Europe and hea more…
02/17/2012
HaaretzChina not to obey tighter US sanctions against IranTehran TimesBeijing is typically pragmatic about its relationships with key oil producers such as Iran, which is China's third-largest sup more…
02/17/2012
Ports and Logistics Supply Chain Industry – How to Stay CompetitiveAllAfrica.comAfrican ports are faced with serious challenges of productivity, efficiency, new investment and sustainability. This dir more…
02/17/2012
Battle brews over proposed federal disclosure rules for oil companiesDaily Comet''If the money is being used well, that creates new business opportunities, new investment opportunities and sta more…
02/17/2012
ABC News (blog)Top GOP Senator Says 'If Romney Loses Michigan, We Need a New Candidate'ABC News (blog)These men thought that because the economy was so bad that all they had to do was call the more…
02/17/2012
South Sudan oil shutdown pushes up pricesUPI.com17 (UPI) — South Sudan's 3-week-old shutdown of its oil industry in a dispute over oil revenues with the fledgling state's former leaders in Kh more…
02/17/2012
East AfricanUganda Ready for Oil Riches Amid Corruptions FearsABC NewsThe deal with Anglo-Irish company Tullow Oil lacks transparency, contend critics who do not want to see Uganda go the way of other more…
The Sinopec File thetyee.ca
02/18/2012
The Sinopec FileTheTyee.caNikiforuk pries open the record of China's oil giant, business partner for Northern Gateway pipeline. By Andrew Nikiforuk, Today, TheTyee.ca Ruthlessly building a new oil more…
02/18/2012
Newcastle-based DUCO is subsea industry's company of the yearnebusiness.co.ukFOR the second time in as many months, Newcastle manufacturing company, DUCO Ltd, based in Walker's Offshore Techno more…
02/18/2012
AngolaPressInvestments in Agro-Industry Sector RecommendedAllAfrica.comThe official said so to ANGOP on the fringes of an Angola/Canada business workshop. He said that it is fundamental that the inter more…
02/18/2012
Is China late to the party in Africa?News24China on the other hand had done their business in Africa a little more quieter and discreet, almost secretively and most notably never forcing Africa's more…
02/18/2012
Angola at International Tourism Exchange in MilanAngolaPressRome – The ambassador of Angola in Italy, Florencio de Almeida, attended, on Thursday in Milan, the inauguration of the 32nd International T more…
02/18/2012
The Star-Ledger – NJ.comMorristown concert promoter released from Angola after weeks-long money disputeThe Star-Ledger – NJ.comA local Angolan promoter wanted $350000 he said he fronted for a performa more…
02/18/2012
Minister Stresses Internationalisation of Television ProvidersAllAfrica.comLuanda — Angola's media minister Carolina Cerqueira, Friday in Luanda, stressed the importance of internationalisation more…
02/18/2012
Gospel Music Hits Local MarketAllAfrica.comLuanda — The religious musical style "Gospel" begins gaining large fame at Angolan market, said Friday a pastor of the African Missionary Church more…
02/18/2012
Country Has Conditions to Open Stock MarketAllAfrica.comLuanda — The Angolan economist Afonso Chipepe said Friday here that conditions are now created for the country to embrace the important challe more…
The Week in Review kpcnews.com
02/19/2012
The Week in ReviewKPCnews.comA $70-million Family Dollar Stores Inc. distribution center in Ashley, expected to create 350 jobs, ranked as the year's second largest investment in the region. The o more…
02/19/2012
Ghana, Africa and the World Powers Part IIGhanaWebWithout a significant number of skilled workers in a country's population, it is difficult to imagine advances in business and industry. In this a more…
02/19/2012
Spyghana.comPrecision Air scoops 2011/2012 awardSpyghana.comIn the competitions where 25 airlines took part, votes were cast in by the readers and followers of African Aviation's website as well a more…
02/19/2012
The End Of Peak Oil TheoryMotley Fool UKLast week I got caught up in a show from a few years ago called "Mega Disasters: Oil Apocalypse" on The History Channel, spelling out the doom our eco more…
02/19/2012
'Oil market likely has sufficient supply-side flexibility in 2012'Middle East North Africa Financial Network"The market in 2012 likely has sufficient supply-side flexibility" to adju more…
02/19/2012
The new face of nationalismBuenos Aires HeraldYPF (no longer the dominant force of yore with 40 percent of oil and gas production and 15-20 percent of reserves) is reacting logically to both pricing h more…
02/19/2012
Beny Steinmetz has Nigeria on his mindFinancial Times“Everybody can go to Nigeria now to invest in the power sector, but you know what? They're running out. There are strikes, there is talk of c more…
Gun Culture – The Southern Timessoutherntimesafrica.com
02/19/2012
The Southern TimesGun CultureThe Southern TimesExperts have said gun-related crime is a major problem in South Africa and Swaziland, and is on the rise in Angola, the DRC, Mozambique, Namibia and Zimb more…
02/19/2012
Bucs lose Champs League openerKickOffIt was a disappointing result for Orlando Pirates, as they were beaten 3-1 by Recreativo do Libolo of Angola in their first CAF Champions League match. The game wa more…
02/19/2012
Natural-Gas Glut Could Bypass EuropeWall Street JournalBy JAMES HERRON A major transformation of the global market for natural gas is under way. Fresh international supply routes are being drawn, new more…

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