Sao Tome to terminate oil block with Sinopec-Sonangol JV

08 December 2016, Sao Tome — Sao Tome and Principe has decided to terminate an oil concession granted to Sinoangol, a joint venture between China’s and Angola’s state-owned petroleum companies for “breach and violation” of their contract, the National Petroleum Agency (ANP) said on Wednesday. “Among several breaches and violations, Sinoangol never provided the Sao […] More »