US Oil Giant Chevron and Hazardous Pollution in Angola

Maka Angola has learned that the Angolan government has extended an exemption to its environmental protection policy to allow the US oil company Chevron to dump tons of hazardous oil waste directly into ocean shallows near the coast of Cabinda, its northern enclave. Marine experts describe the move as “an incomprehensible act” and are calling on President João Lourenço to enforce the law and ensure ALL foreign companies comply with the zero-discharge policy. A report on the dumping of oil-contaminated drill cuttings from offshore oil platforms along Angola’s northern coastline, seen by Maka Angola,says this practice, banned in most parts of the world, constitutes a major threat to marine life and ecosystems. The adverse impact of large amounts of pollutants on marine life, the eventual impact on coastlines and the potential hazard to human health, were fundamental reasons for the adoption of a zero-waste policy by Angola going back to […]

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Sonangol’s Billion-Dollar Headache

Evidence has reached Maka Angola that Sonangol’s debts to major oil corporations are far in excess of the US $300 million  owed to Chevron as reported last month. Faced with a Sonangol news release that noted the Chevron monies were “under review” prior to payment, other foreign creditors have grown anxious about the multi-million sums they too are owed. Maka Angola has been supplied with figures showing unpaid cash calls to three other oil majors operating in the Angolan oilfields. They reveal that as of October 2016, Sonangol owed its creditors at over one billion US dollars. To date, Sonangol has only effected payments to companies owned by associates of President José Eduardo dos Santos and his daughter, Isabel dos Santos, the current Sonangol President. President dos Santos sacked the previous Sonangol board and installed his daughter back in June, in a move that shocked the global oil industry given […]

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