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Cobalt's restructuring plan was recently approved and the company is poised to begin selling assets later this month so that it can settle its debts. [...]
On track with its operations in Chad, where in September it bought United Hydrocarbon International Corp (AEI 805), oil firm [...]
Clocking in a net loss of $150 million for the third quarter of 2017, with $167 million in interest payments [...]
Discreet as they are, the International Finance Corp’s bankers count among the most influential forces in the African petroleum world. No local company or major project can be mounted in Africa without the IFC, the private investment arm of the [...]
After a year of squabbling with Ghana’s government, ExxonMobil has finally dropped the idea of laying out USD 4 billion for Kosmos Energy’s assets in Ghana, and particularly for its shares in the huge Jubilee field that is due to [...]
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