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Not yet an official list, here are the names of the local and foreign traders shortlisted to receive crude in exchange for petroleum products. [...]
The managing director of Petroci, Ibrahima Diaby, is currently engaged in tough bargaining with Nigeria’s Asset Management Corp (AMCON) that [...]
State-owned Petroci has revived its offensive against its Nigerian partner, the trading group MRS, concerning their joint affiliate Corlay Global. [...]
Ivory Coast’s oil ministry is continuing to lobby for tie-ups between Petroci and Nigerian traders. [...]
In step with one of the priorities of Nigeria’s president Muhammadu Buhari, contracts that had allowed for cargoes of crude [...]
Eighteen months after Alassane Outtara took office the oil sector remains under the control of just a handful of companies. Russian and Nigerian investments are paying off in Abidjan while Chinese groups are trying to get a foot into the [...]
According to sources in Abidjan, the finance director of MRS Group, Olumide Phillips, was in Ivory Coast in September for [...]
The head of PetroCI, Daniel Gnangni, wants to dispose of the company’s share in the Corley joint venture it formed with MRS in 2009 to manage Chevron’s service stations in West Africa. But he wants to retain stations in Ivory Coast. [...]
Lacking chronically in cash, outgoing president Laurent Gbagbo’s regime is seeking to sell the stakes of Petroci in joint ventures [...]
In joining forces with a Nigerian firm to buy out Chevron’s retail network in West Africa, Petroci has greatly increased its footprint in the sub-region. [...]
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