Browsing Tag

oil

social tensions in the oil industry

In Chad, the oil tanker ExxonMobil is in the knife segment with its employees. The American multinational, which operates the Doba oil basin in the south of the country, announced a few months ago its intention to sell its assets to an English company. But the terms of this departure do not suit the employees who have entered into a quarrel with the American company. Yesterday, the employees even…

CEO of Madagascar Oil heard from

The CEO of Madagascar Oil, Russell Kelly, heard this weekend by the criminal brigade, explained himself during a press conference. The man indicates that the majority owner of Madagascar Oil, the Benchmark group, would have been contacted via email by Paul Rafanoharana -Franco-Malgache arrested on Tuesday, July 20, to jeopardize state security.…

The Riksdag adopts a new oil law

It took almost fifteen years for the Nigerian parliament to adopt a new oil law, which should better protect the country's and local community interests. The two chambers of parliament adopted the text on Thursday, "an important victory" stressed the Speaker of the Nigerian Assembly. However, Nigeria's largest oil producer,…

Nigeria signs power-sharing agreement

It is an important production sharing agreement that Nigeria has just signed with the multinational oil companies operating in the country. An agreement that paves the way for investments that can reach 10 billion dollars. It is the culmination of two years of arm wrestling between NNPC - the Nigerian company that manages…

Somalia rejects experiences of settlement to share maritime oil within the Indian Ocean

Somalia rejects experiences of settlement to share maritime oil in Indian Ocean with Kenya MOGADISHU, Somalia - Somalia has no plans to share oil revenues with Kenya, Deputy Prime Minister Mahdi Gulaid stated after experiences of an alleged settlement between Nairobi and Mogadishu on a controversial maritime border battle within the Indian Ocean on native media in Kenya. The 2 international…

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