Are the bonuses enough to keep Exxon and ENI on their blocks?
Though in desperate need of cash, the Angolan president is baiting oil firms with tax cuts to get them to stay. [...]
With Angola determined to be the sole owner, it looks as though the new DRC president Félix Tshisekedi will have to be content with mere crumbs of offshore blocks 0 and 14 (Chevron), block 15 (ExxonMobil), in production for over [. [...]
Mindful of the findings of a working group set up to brainstorm on the sector's future and comprised of representatives of several majors, the regime has decided to make several key legislative changes, all of which benefit the oil & gas firms. [...]
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