Glencore fined $314M for ‘Highly Corrosive’ and ‘Endemic’ Corruption in 5 African Oil States

Glencore Energy UK Ltd will pay £280,965,092.95 million (over 400 million USD) after an SFO investigation revealed it paid US $29 million in bribes to gain preferential access to oil … Read More

Energy Lobby Calls for Glencore’s EITI Membership Withdrawal Following Guilty Plea to Market Manipulation, Bribery & Corruption

The African Energy Chamber (AEC) is calling for the Extractive Industries Transparency Initiative (EITI) to terminate the membership of Switzerland-based commodities and mining multinational Glencore following Glencore’s recent guilty plea … Read More

IVORY COAST: Sapura Energy Berhad Wins Drilling Contract Award in Bloc CI27

Sapura Energy marked its re-entry into Ivory Coast, as Foxtrot International LDC has awarded Sapura Drilling Holdings Limited a contract for the provision of its Tender Assist Drilling Rig Sapura Berani services … Read More

Tullow Oil sees 8,000 scholarships applications in Kenya

The just concluded Tullow Oil Group Scholarship Scheme applications that concluded on March 31st saw 8,000 applications from Kenya according to British Council who oversee the exercise. This is about … Read More

Tullow Group Scholarship Scheme Applications set to close in two weeks

Tullow Oil’s application process for the 2015/16 Tullow Group Scholarship Scheme that opened in mid February is set to close on 31 March 2015. Scholarships are available to post graduates … Read More

RAK Petroleum Increases Côte d’Ivoire Stake

Oslo-listed oil and gas investment company RAK Petroleum plc has announced that it has increased its stake in Côte d’Ivoire Block CI-27 to 9.1 percent following the acquisition by Foxtrot … Read More

Afren corruption investigation report expected in mid-October

Afren an independent oil & gas company listed on the Main Market of the London Stock Exchange, with a diversified portfolio of production, development and exploration assets in 10 African … Read More