Continental Focus, International Reach

South Sudan Replaces Gatkuoth

Minister of Petroleum, Ezekial Lol Gatkuoth of South Sudan, has been relieved of his position. The news was relayed by government spokesman Ateny Wek on Radio Tamazuj. A presidential decree was signed replacing Gatkuoth with Awou Daniel Chuang, the general manager of the Petroleum Regulatory Agency. No official reason for this dismissal was mentioned. However, […]

June 18, 2019 Read More

P&ID Appeals to Court for $9 Billion Payday

Process and Industrial Developments Ltd (P&ID) has asked a UK court for the right to seize financial assets held by the Nigerian government. The little-known firm wants the court to approve the seizure of $9 billion over an aborted gas project. The request revolves around a deal made in 2010 that had the Nigerian government […]

June 17, 2019 Read More

Glencore Selling Chadian Assets

On the heels of the news from Glencore’s head of oil, Alex Beard, saying that the company would be separating its upstream unit from its marketing unit, there is now talk of the company putting its oil fields in Chad up for sale. According to reports, the sale is part of a company retreat from […]

June 16, 2019 Read More