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Angola's oil exploration evaporates as COVID-19 overshadows historic reforms

FILE PHOTO: Kaombo Norte floating oil platform is seen from a helicopter off the coast of
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LONDON/LAGOS (Reuters) - The coronavirus pandemic has done in a handful of months what even a 27-year civil war did not: it has brought oil drilling to a halt in Angola, Africa's second-largest oil producer. The consequences could be grave for a poor country that relies heavily on oil revenues and is saddled with debts that exceed its economic output.The halt in oil exploration, which has not been..
Date Published: May 20, 2020
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