Angola

Angola's Lourenco keeps pressure on Dos Santos cronies

Luanda - Muslimchronicle

The first major scalp claimed by Angola's new president Joao Lourenco in his war on corruption and nepotism was that of his predecessor's daughter, who was sacked as head of the state oil company. The next big name linked to former president Jose Eduardo dos Santos was that of his son, Jose Filomeno, who was removed from his post at theRead more

Russia loses contact with Angolan satellite

Moscow - Muslimchronicle

Russia has lost contact with Angosat-1, the first national telecoms satellite for Angola launched from its Baikonur space pad, a source in the space industry told AFP on Wednesday. "Contact has temporarily been lost," the source told AFP by telephone, adding specialists were now looking into the matter. Source: AFPRead more

Corrupt Brazilian tycoon begins house arrest

Sao Paulo - Muslmchronicle

Marcelo Odebrecht, the construction tycoon at the center of Brazil's biggest ever corruption scandal, was released from prison Tuesday to begin house arrest in his luxury Sao Paulo home. Odebrecht, 49, left the prison in the southern city of Curitiba after serving two and a half years behind bars. He was fitted with a monitoring ankle bracelet before taking a chartered businessRead more

OPEC daily basket price announced Wednesday, 6th September, 2017

VIENNA - WAM

The price of OPEC's basket of fourteen crudes stood at US$51.88 a barrel on Wednesday, compared with $50.82 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait ExportRead more

OPEC daily basket price for Tuesday, 5th September, 2017

VIENNA - Musimchronicle

The price of OPEC's basket of fourteen crudes stood at US$50.82 a barrel on Tuesday, compared with $50.20 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Iran), Basra Light (Iraq), Kuwait ExportRead more

OPEC basket price for Tuesday, 29th August, 2017

VIENNA - WAM

The price of OPEC's basket of fourteen crudes stood at US$49.51 a barrel on Tuesday, compared with $49.86 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), BasraRead more

Angola's ruling MPLA party takes strong election lead

Angola - Musimchronicle

Angola's ruling People's Movement for the Liberation of Angola party, MPLA, has taken a commanding lead in the country's parliamentary election, provisional results suggest. The party has received 64.57 percent of the vote in the first batch of results, while the main opposition Unita party, received 24.4 percent. According to the Angola National Electoral Commission, so far, 5.9 million of aRead more

Lourenco: ex-general set to be Angola's next president

Luanda - Muslimchronicle

Angola's next president, Joao Lourenco, is a ruling party loyalist and former general who endured several years out of favour after angling for the top job in the 1990s. Since then, Lourenco, 63, has convinced key regime players he is the right man to succeed Jose Eduardo dos Santos, who has ruled the oil-rich southwest African nation for 38 years.Read more

Ruling MPLA party wins Angola elections

Luanda - Muslimchronicle

The ruling MPLA party won Angola's elections, a poll official announced Thursday, with party candidate Joao Lourenco now set to succeed President Jose Eduardo Dos Santos who has ruled for 38 years. An election commission official in Luanda said that the MPLA (People's Movement for the Liberation of Angola) party had won just over 64 percent of vote source: AFPRead more

OPEC daily basket price for Monday, 7th August, 2017

Vienna - Musimchronicle

The price of OPEC basket of fourteen crudes stood at US$50.04 a barrel on Monday, compared with $49.94 the previous Friday, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes is made up of the following: Murban (UAE), Saharan Blend (Algeria), Girassol (Angola), Oriente (Ecuador), Zafiro (Equatorial Guinea), Rabi Light (Gabon), Iran Heavy (Islamic Republic of Iran), BasraRead more