The surprise prospective buyer of FAR's 15% stake in Sangomar, Remus Horizon, is led by oil sector veterans whose networks stretch as far as China, the UAE, the UK and the Netherlands but to date have no projects in their portfolio. [...]
Total is still set to operate the Djeno oil terminal for the next twenty years. But the terms for the extension are likely to be much harsher than what presidential advisor Denis Gokana led the French major to believe. [...]
Bathusi Letlhare, the local cattle magnate and chairman of the country's largest rhinoceros reserve founded and financed by the former president Ian Khama's family, has embarked on a family venture into mining. [...]