TOTAL, Angola's Sonangol Deal Could Spell Trouble for Competitors

Angola's Competition Regulator Authority has said it is assessing the impact that a collaboration between the state-owned oil firm Sonangol and France's TOTAL could have on the sector. The two oil giants intend to create a joint venture to operate in the distribution and trade of crude oil byproducts, as well as in the production of solar energy.

Photo: Sonangol

(file photo).

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