- Halliburton reports $622m profits
US oil exploration firm Halliburton has reported better-than-expected first quarter profits, helped by robust drilling activity in Russia, Saudi Arabia and Angola.
- Angola opposition denounces backslide in democracy
Angola's main opposition party Unita expressed concern Wednesday about what it called the deteriorating state of democracy in the oil-producing southern African country, after a rare meeting with its longtime president. The National Union for the Total Independence of Angola (Unita) said it feared a reversal in progress made since a devastating civil war with its rival the ruling MPLA party ended more than a decade ago. "Since 2002 we have started a process of democratisation and national reconciliation, but for some time now we have been backsliding," said party leader Isaias Samakuva a day after meeting President Jose Eduardo dos Santos. Encounters between the opposition leader and Dos Santos, who will soon celebrate 35 years in power, are very rare.
- Angolan $3.5 bn oil contract goes to Technip, Heerema
The ultra-deep Angolan offshore oil project called Kaombo generated the third huge contract in three days on Wednesday when French group Total picked two firms to carry out underwater engineering worth $3.5 billion. The latest groups to win a share of the mega investment are French engineering firm Technip in association with Dutch company Heerema Marine Contractors.
- Total goes ahead with ultra-deep Angolan oil field
French oil group Total has found ways of reducing the cost of extracting ultra-deep Angolan offshore oil reserves by a fifth and has decided to go ahead with investment in the Kaombo project, the firm said on Monday. Total and its venture partners have found ways of reducing the overall capital cost by $4.0 billion (2.9 billion euros) to $16.0 billion, and production is set to begin in 2017, Total said in a statement.
- Russia's Lavrov dismisses U.S. criticism over Ukraine
MOSCOW (Reuters) - Russian Foreign Minister Sergei Lavrov on Tuesday dismissed U.S. accusations that Moscow was destabilizing Ukraine and said the situation could improve only if the interests of Russian speakers are taken into account. Speaking at a joint news conference in Moscow with Angolan Foreign Minister Georges Chikoti, Lavrov reiterated Moscow's call for constitutional reforms in Ukraine to guarantee the rights of Russian speakers there. (Reporting by Gabriela Baczynska, Editing by Timothy Heritage)
- Guinea's Ebola battle: containing a killer virus
The Ebola haemorrhagic fever plaguing Guinea is caused by one of the deadliest viruses known to mankind, killing up to 90 percent of people it infects. The tropical virus can fell its victims within days, causing severe fever and muscle pain, weakness, vomiting and diarrhoea. Of some 1,850 people diagnosed with Ebola haemorrhagic fever since the virus was first identified in the Democratic Republic of Congo (then Zaire) 38 years ago, 1,200 have died, according to the World Health Organisation (WHO). Out of 86 known cases in Guinea, there have been more than 60 deaths in the southern forest region of the west African nation,which borders Ivory Coast, Liberia and Sierra Leone.
- Man gets 40 years for slaying of romantic rival
ANGOLA, Indiana (AP) — A Bangladesh native who fled Indiana for his home country nearly 25 years ago after being charged in connection with a romantic rival's death was sentenced Monday to 40 years in prison.
- Guinea's Ebola battle: steps taken to contain virus
The Ebola virus plaguing Guinea is one of the deadliest known to man, claiming the lives of two-thirds of the people it has infected so far. The tropical virus can fell its victims within days, causing severe fever and muscle pain, weakness, vomiting and diarrhoea -- in some cases shutting down organs and causing unstoppable bleeding. Of around 1,850 people diagnosed with Ebola haemorrhagic fever since the virus was first identified 38 years ago in the Democratic Republic of Congo (then Zaire), 1,200 have died, the UN health agency says. Of 86 cases in Guinea there have been 59 deaths in the southern forest region of the west African nation bordering Ivory Coast, Liberia and Sierra Leone.
- Bissau court clears leading party candidate for April vote
Guinea-Bissau's highest court has cleared the way for the candidate of the West African nation's largest political party to contest next month's presidential election, quashing a legal appeal to block his candidacy. Guinea-Bissau's attorney general had asked the Supreme Court to stop Jose Mario Vaz, a former finance minister, from contesting April's vote because of his suspected involvement in the embezzlement of a $12.5 million budget grant from Angola. Vaz, chosen last week as presidential candidate for the African Party for the Independence of Guinea and Cape Verde (PAIGC), has denied any wrongdoing. "The Attorney General of the Republic did not have the legitimacy to intervene in the selection of candidates for presidential elections," the seven judges of the court said in the ruling published late on Tuesday.
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