Total rides to rescue of Gabon Oil Co
The administrator of Gabon Oil Co is pushing ahead with his plan to save the national company. The acquisition of a field worked by Total could help pull it out of crisis.
Gabon’s oil and energy minister Etienne Ngoubou, backed by Maixent Accrombessi, the president’s powerful chief of staff, has come under wide attack by oil companies, unions and some wage-earners. The reason is simple enough: the creation of new institutions and