DRC: Glencore to Pay US$180M to the Democratic Republic of Congo Over Past Corruption

Glencore has reached an agreement with the Democratic Republic of Congo (DRC) covering all present and future claims arising from any alleged acts of corruption by the Glencore Group in … Read More

OPINION: Glencore’s Leadership Must be Held Accountable for Company’s Corrupt Behavior (By NJ Ayuk)

By NJ Ayuk, Executive Chairman, African Energy Chamber  After U.S. energy company Enron made global headlines in the early 2000s for accounting and corporate fraud, attention quickly shifted to the … Read More

Africa’s Oil & Gas Industry Needs To Innovate & Embrace Technology To Remain Competitive

The time is opportune for oil & gas companies to take up and utilise advances in technology as an enabler in meeting some of the challenges faced The oil & … Read More

Guest Post: Early Oil Pilot Scheme Is a chance To Get It Right

By Dennis Morton In about nine months from now Kenya will be an oil producer. Tullow Oil and its partners Africa Oil and Maersk believe that they can produce and … Read More

Soma Oil Delivers Seismic Data to Somalia Government, Applies for PSA

UK-registered oil and gas exploration company focused on Somalia Soma Oil & Gas has said that as per the terms of the Seismic Option Agreement (SOA), the company has delivered … Read More

African oil & gas organisations plan for an upturn in the oil price: PwC survey

Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. “While the oil price has … Read More

Challenges Kenya Must Address in the Oil and Gas Sector

Following the conclusion of the second local content convention speakers pointed out various gaps that must be addressed if the country is to benefit from the growth in the nascent … Read More

Eni ranked best in transparency of corporate reporting

Eni was ranked first in the world for transparency of corporate reporting according to an assessment by Transparency International which examined the 124 largest listed companies in the world and … Read More