News

WAV, STG Sign Settlement Agreement

The over two years of dispute between the West African Ventures (WAV), a 100 per cent Nigerian company and Sea Truck Group (STG), a British Virgin...

West African company wins arbitration dispute

Avesoro Resources Inc. the TSX and AIM listed West African gold producer, is pleased to advise that further to the announcement issued by the Company on 8 December 2015

Why Kenya must fix oil and gas law before export

President Uhuru Kenyatta chairs a meeting with Kenya Joint Venture Partners comprising of Tullow Oil, Africa Oil Corporation and Total, Turkana county...

Will new law attract more foreign investment to Egypt?

Egypt has finally come out with the much-anticipated new investment law, raising debate among economists about whether the amendments introduced to the law would lure more foreign direct investment (FDI) to the country.

Woodside completes Senegal deal, FAR disputes it

Exploration firm Far Ltd. has disputed announcements by both Woodside Petroleum and ConocoPhillips that a deal between the two firms over assets in Senegal has completed.

Woodside inflames tensions in Senegal oil venture

FAR Ltd chief executive Cath Norman insists the junior explorer won't be bullied by Woodside Petroleum, its major partner in a $US2 billion ($2.7 billion) oil project in Senegal, into dropping its claim over pre-emptive rights in the venture even as the partners approach crucial negotiations over funding.

ZCCM IH loses its claim against FQM(updated)

First Quantum Minerals Ltd has reported that the legal proceedings between its subsidiary Kansanshi Mines and ZCCM Investment Holdings Plc has ended...

Zimbabwe investment traffic falls 70 percent

Zimbabwe scored an own goal by nationalising diamond mining in the vast Marange fields, with investment traffic to Zimbabwe falling by as much as 70 percent, Parliament heard yesterday.

Zimbabwe owes Eskom $80 million

Power outages in Zimbabwe can begin as early as next week if the bill of more than $ 80 million owing to Eskom is not paid.

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