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Tensions are flaring between the International Monetary Fund and the Libreville government over the future of the state-owned Gabon Oil Co. [...]
After more than two years of negotiations to take a [...]
The cash-strapped government is making ever increasing demands on the national oil firm GOC that could very well push it towards financial ruin. [...]
More than a few majors and traders are keen to [...]
One of the leading firms that leases FPSO’s in Africa has taken a direct stake in E&P on the hotly-disputed offshore field of Dussafu. [...]
Counting - wrongly - that Gabon’s presidential election would be a mere formality, oil companies and traders embarked on negotiations with state-run Gabon Oil Co (GOC) that now look a little shaky due to a strong challenge over the results [. [...]
Placed in administration by Gabon’s presidential office at the end of September (AEI 755), the state-owned Gabon Oil Co (GOC), symbol of president Ali Bongo’s new oil strategy, has proved to be a complete bust. [...]
While Gabonese president Ali Bongo generally follows the guidelines laid out by his late father, Omar Bongo, he has made a clean break when it comes to oil by setting up a national petroleum company and ordering the oil ministry [. [...]
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