Tender

Libya's Energy Sector Seeks Rebirth: A New Dawn on Exploration In a pivotal moment for Libya, a consortium of 37 international energy giants, including heavy-hitters like Chevron Corp. and TotalEnergies SE, is competing for exploration rights in what marks Libya's first energy tender since the tumultuous aftermath of the 2011 conflict. With aspirations to rejuvenate its oil sector, Libya is actively seeking foreign investments—and the stakes couldn't be higher. "It feels like a turning…

In a significant development for the global energy landscape, Chevron Corp. and TotalEnergies SE are among 37 international firms competing for exploration rights in Libya's inaugural energy tender since the upheaval in 2011. This tender represents an essential step for the North African nation as it endeavors to rejuvenate its faltering oil sector and attract valuable foreign investments. Other prominent players, including Eni SpA and ExxonMobil, have also shown interest, according to Massoud Seliman, the…

Recent reports have surfaced suggesting that the Zimbabwean government is allegedly backing the controversial businessman Wicknell Chivayo in his ambitious bid to supply over $400 million worth of medical drugs and equipment through his South African company, TTM Global Medical Exports (Pvt). This proposition, while highly lucrative, raises significant ethical and legal questions. Wicknell Chivayo, a name synonymous with both ambition and controversy, is officially listed as a director on the company’s website. TTM Global…