ExxonMobil, Aker Energy and ENI fed up with Accra
Business in Ghana is dismal: production is low and exploration at a standstill. Companies are becoming more vocal about their exasperation with the state and some are even pulling out entirely. [...]
Through his henchmen, Mohammed VI's political adviser Fouad Ali El Himma has taken charge of the takeover of the 2M and Medi 1 TV channels by public sector broadcasting group SNRT. And he has managed to put one of his supporters in charge of public relations at the interior ministry. [...]
Savannah now has just a few weeks in which to analyse the ExxonMobil data and make a firm offer on its Doba assets. The junior has been on a shopping spree for new assets of late, taking advantage of the withdrawal of the Western majors and the lack of interest in mature deposits. [...]
Mining multinationals BHP Billiton and Anglo American lost their almost ten-year legal battle with Samancor Chrome Holdings, owned by Croatian Danko Koncar, over who was responsible for paying South African tax authorities 27m rands in tax arrears. [...]