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Angola
17 June 2020

Sinopec Could Increase Stakes in Angolan Oil Fields in Debt Relief Deal – Verisk Maplecroft
A possible solution for  debt relief negotiations underway between the two countries could lead to an increase of Chinese state oil company´s stakes in Angolan oil fields, according to Verisk Maplecroft.
16 June 2020

Angola Oil Revenues At 10-Year Low in May
Angola´s oil export revenues fell by almost 74% in May, to only USD 747 million. According to Government data, this was the lowest figure since the beginning of the statistical series, in 2009.
07 June 2020

Angola Cuts Oil Shipments to China
Angola is cutting the number of oil cargoes that it will ship to China, as it seeks to renegotiate repayment terms to deal with the crippling impact of the coronavirus. Oil shipments to Chinese state firms are used to pay down debt to Beijing.
27 May 2020

China´s Oil Imports from Angola Continue Recovery
Angola was China's fifth top crude oil supplier in April, customs data showed, with imports rising 23.8% from the same month a year earlier. In the first four months of 2020, Chinese imports from Angola are still negative, despite the recovery.
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