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The arbitration proceedings between the Ivorian national oil firm Petroci and Abuja's favourite trader MRS Oil over the purchase of Chevron's distribution assets are not going to be over any time soon. [...]
In February, the Ivorian public company Petroci is due to [...]
After years of financial woes, the Ivory Coast's national oil firm Petroci at last recorded a profit for 2017, according [...]
The Ivorian oil company Petroci is seeking arbitration at the [...]
The sizeable debt racked up by MRS, to the tune of $200 (65 billion naira), has forced its founder Sayyu [...]
State-owned Petroci has revived its offensive against its Nigerian partner, the trading group MRS, concerning their joint affiliate Corlay Global. [...]
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 [. [...]
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 [...]
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