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ANGOLA

Cobalt hit by string of legal setbacks on its Luanda assets

Rapped over the knuckles by the SEC and its shareholders in the United States, Cobalt is also in arbitration with Sonangol. [...] (279 words)

Issue dated 28/03/2017 Reading time 2 minutes

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ANGOLA
Baker Botts
BP
Carlyle
Cobalt International Energy
Goldman Sachs
International Chamber of Commerce
London Court of International Arbitration
Securities & Exchange Commission
Sonangol
Vieira de Almeida

Cobalt shareholders rally against Goldman Sachs and Carlyle Free

Now that they are considering withdrawing their complaint against the bankrupt Cobalt, its minority shareholders are seeking compensation from its leaders and main financiers. [...]

AFRICA 23/01/2018

K&L Gates snaps up Ince & Co energy disputes trio

In early January, three Ince & Co partners specialised in [...]

SAO TOME AND PRINCIPE 23/01/2018

Block 4: ERHC braces itself against Kosmos

ERHC has picked out its defence squad to put its best foot forward during the arbitral process launched by former partner Kosmos Energy. [...]

ANGOLA 07/11/2017

U.S. business community backs Cobalt against its shareholders

The American Chamber of Commerce has weighed in on the class action taken against Cobalt by its shareholders over the company's activities in Angola, pushing for the case to be dropped. [...]

ANGOLA 29/08/2017

Cobalt fails to ward off shareholders' onslaught

Cobalt, which sought to delay proceedings launched by its shareholders to recover their losses caused by the company's actions in Angola, has been rejected by the United States' courts. [...]

ANGOLA 29/08/2017

Sonangol crosses swords with Conoco and Cobalt

After securing a sturdy line-up of guards, Sonangol has decided to fight back against Conoco and Cobalt's attacks under the arbitration launched in London. [...]

ANGOLA 25/07/2017

Cobalt tries to topple shareholders' offensive

Cobalt has pitched a last-ditch effort to block the class action taken against it over its handling of its activities in Angola. [...]

ANGOLA 13/06/2017

Cobalt tries to mitigate damage through insurers

With its shareholders demanding compensation for share price losses they blame on investigations into corruption in Luanda, Cobalt International is trying to get its insurers to help ease its finances. [...]

ANGOLA 15/11/2016

Cobalt's behaviour in Luanda infuriates its shareholders

Accused by its shareholders of corruption in Angola and of hiding the poor results of drilling on two blocks in the country, Cobalt now has to explain itself in court. [...]

ANGOLA 01/09/2015

Cobalt to wave goodbye to Angola’s offshore?

Cobalt International Energy has begun withdrawing from Angola in order to focus its attention on the Gulf of Mexico. [...]

ANGOLA 15/12/2009

Sonangol's Indirect Listing in U.S.

The American group Cobalt Energy, a partner of Sonangol in Angola and in the Gulf of Mexico, is due to float on the New York Stock Exchange this week. [...]

ANGOLA 12/05/2009

An Old Hand Returns

BP’s former representative in Angola, Joseph Bryant, has picked up the major’s former concessions in the country. [...]

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ANGOLA
Baker Botts
BP
Carlyle
Cobalt International Energy
Goldman Sachs
International Chamber of Commerce
London Court of International Arbitration
Securities & Exchange Commission
Sonangol
Vieira de Almeida

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Cobalt hit by string of legal setbacks on its Luanda assets

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Cobalt shareholders rally against Goldman Sachs and Carlyle Free

K&L Gates snaps up Ince & Co energy disputes trio

Block 4: ERHC braces itself against Kosmos

U.S. business community backs Cobalt against its shareholders

Cobalt fails to ward off shareholders' onslaught

Sonangol crosses swords with Conoco and Cobalt

Cobalt tries to topple shareholders' offensive

Cobalt tries to mitigate damage through insurers

Cobalt's behaviour in Luanda infuriates its shareholders

Cobalt to wave goodbye to Angola’s offshore?

Sonangol's Indirect Listing in U.S.

An Old Hand Returns

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Cobalt hit by string of legal setbacks on its Luanda assets

This article may be accessed by subscribers and e-wallet holders (USD 12.50)

2 options offered to continue reading

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Receive free prompts for these topics

Cobalt shareholders rally against Goldman Sachs and Carlyle Free

K&L Gates snaps up Ince & Co energy disputes trio

Block 4: ERHC braces itself against Kosmos

U.S. business community backs Cobalt against its shareholders

Cobalt fails to ward off shareholders' onslaught

Sonangol crosses swords with Conoco and Cobalt

Cobalt tries to topple shareholders' offensive

Cobalt tries to mitigate damage through insurers

Cobalt's behaviour in Luanda infuriates its shareholders

Cobalt to wave goodbye to Angola’s offshore?

Sonangol's Indirect Listing in U.S.

An Old Hand Returns

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Indigo Publications also publishes: