$617m arbitration: Dig Oil uses upper edge to corner Tshisekedi
Threatened with a fine equal to 10% of the national budget, the Congolese president has little choice but to negotiate with Dig Oil even as Kinshasa looks for a last ditch attempt to annul the arbitral ruling in favour of the South African oil junior. [...]
Congo's $619m hot potato: who's to deal with Dig Oil over crippling arbitration award?
The DRC is coming under increasing pressure to comply with a 2018 arbitration award of hundreds of millions of dollars in favour of South African junior Dig Oil over the delayed attribution of Cuvette Central blocks. [...]
Total and Tullow's approach for blocks 1, 2 and 3 murkier and murkier
Total's ambiguous ambitions for its future in exploration in the country is making the Congolese authorities' heads spin. As for, Tullow Oil, the junior has already taken a swipe at the new government, allegedly with the French major's approval. [...]
Kabila's chief of staff, Nehemie Mwilanya, puppet master of oil deals
President Joseph Kabila's chief of staff, Nehemie Mwilanya Wilondja, has been involved with all of the country's main oil files since first joining the president's office for another position 14 years ago. A behind-the-scenes look at the Comico, Caprikat and [. [...]