Browsing: State

Despite colossal investment, Angola’s goal of pumping two million barrels of oil a day and even upstaging Nigeria as Africa’s largest producer remains a pipedream. To be sure, Angola’s oil industry is going gang-busters. State-owned oil firm Sonangol…

The United States has authorized the release of a $450 million installment in Iranian assets that were frozen as punishment for Tehran’s disputed nuclear program, the State Department said Thursday. It came after a new report by the UN’s nuclear watchdog…