Angola: Sonangol’s billion-dollar headache

21 November 2016, Luanda – Evidence has reached Maka Angola that Sonangol’s debts to major oil corporations are far in excess of the US $300 million owed to Chevron as reported last month. Faced with a Sonangol news release that noted the Chevron monies were “under review” prior to payment, other foreign creditors have grown anxious […] More »