African Petroleum arbitration: who will foot legal bill of Banjul Omnia Strategy, Lucas Bastin and Edi M.O. Faal?
The Gambian state is seeking a guarantee that its legal fees at ICSID, where its cause is being defended by three eminent London law firms, will be covered by African Petroleum if the oil firm loses the case. [...]
Oil gives push to Ouattara/Toungara tandem
Eighteen months after president Alassane Ouattarea and his loyal energy minister Adama Toungara took office, projects are starting to gain momentum in an oil sector that has - admittedly - benefited a lot from Ivory Coast’s proximity to major finds [. [...]