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African Petroleum to Protect its Interests in A1 & A4 Licences
Gambia >> 10/18/2017 - African Petroleum advises that its wholly owned subsidiaries African Petroleum Gambia Limited and APCL Gambia B.V have lodged Requests for Arbitration (RFA) documents with the International Centre for...
NNPC Denies Minister's Allegation of Poor Transparency
Nigeria >> 10/9/2017 - Nigeria’s state oil company said allegations by the oil minister that the conduct of its group managing director lacked transparency were baseless, as a public rift between the firm and the ministry w...
Sonangol to Slash Oil Production Costs with Board Revamp
Angola >> 10/9/2017 - Angola’s state oil company Sonangol is aiming to slash breakeven costs on new oil production to as low as $20-$30 per barrel and make its contracts more attractive to investors and oil and gas compani...
Nigerian Lawmakers to Probe NNPC Corruption Allegations
Nigeria >> 10/5/2017 - Nigerian lawmakers have set up a committee to investigate allegations of corruption at the state oil company contained in a letter from the minister of state for petroleum. In the letter from Emmanuel...
Nigerian Minister Questions $24 Billion Oil Deals
Nigeria >> 10/4/2017 - Nigeria’s oil minister sent a letter to President Muhammadu Buhari listing at least $24 billion of contracts involving the state oil company that he said were never discussed with him or the firm’s bo...
Parker Acknowledges DOJ Filing Regarding Fuel Filtration Business
United States >> 9/26/2017 - Parker Hannifin Corporation, the global leader in motion and control technologies, acknowledged that the U.S. Department of Justice (DOJ) has filed a complaint regarding Parker’s U.S. qualified aviati...
France Plans to End Oil and Gas Production by 2040
France >> 9/6/2017 - France plans to pass legislation this year to phase out all oil and gas exploration and production on its mainland and overseas territories by 2040, becoming the first country to do so, according to a...
SBM Offshore Confirms Settlement on its Yme Insurance Claim
Netherlands/Holland >> 8/11/2017 - SBM Offshore confirms that a settlement contract has now been executed with an extended group of primary layer insurers further to its announcement on July 17, 2017 that Heads of Terms had been agreed...
Noreco Sues 20 Insurance Companies
Denmark >> 8/10/2017 - Norwegian Energy Company ASA, Noreco Oil Denmark A/S and Noreco Petroleum Denmark A/S (Noreco) have initiated a legal action for damages at the Court in Hillerod, Denmark, against the 20 insurance com...
Halliburton to Pay $29.2m to Settle US Charges Tied to Angola
Angola >> 7/27/2017 - Oil company Halliburton Co will pay $29.2 million to settle civil charges it violated federal anti-bribery rules related to books, record-keeping and internal accounting controls while doing business ...
Nigeria's Aims to Diversify as 'Era of Oil Booms' Ends
Nigeria >> 7/26/2017 - Nigeria plans to cut its oil exploration costs and move away from reliance on crude for export revenues, according to a national petroleum policy approved by the federal executive council this week. A...
Nigeria Cabinet Approves National Gas Policy
Nigeria >> 7/5/2017 - Nigeria's cabinet has approved a national gas policy that aims to reduce the country's dependence on crude oil by increasing gas exploration and facilities, the oil ministry said in a statement. The p...
Tanzania Passes Laws on Renegotiation of Mining & Gas Contracts
Tanzania >> 7/3/2017 - Tanzania's parliament passed two laws allowing the government to force mining and energy companies to renegotiate their contracts, despite pleas from the mining association for more time. Businesses h...
Tanzania Laws to Allow Government to Tear Up Mining & Energy Deals
Tanzania >> 6/29/2017 - The Tanzanian government submitted three bills to parliament that would allow it to force mining and energy companies to renegotiate their contracts, the latest in a string of moves that have alarmed ...
Kenya Delays Crude Production until Oil Law Amendments Agreed
Kenya >> 6/29/2017 - Kenya has delayed plans to start crude oil production and exports until the government passes an amended law that includes setting out how revenues will be shared between national and county governmen...
Woodside Responds to FAR's Request for Arbitration
Senegal >> 6/21/2017 - The Republic of Senegal’s Minister of Energy and the Development of Renewable Energy has issued an arrete ministeriel (Ministerial Order’ which provides further confirmation of Woodside’s participatio...
FAR Files for Arbitration over Conoco's Sale of its Senegal JV Interest
Senegal >> 6/20/2017 - FAR Limited (FAR) has made a request to the International Chamber of Commerce in Paris to commence arbitration proceedings to resolve the current Joint Operating Agreement dispute regarding FAR’s righ...
United States Supreme Court Denies Petition for Review
United States >> 6/19/2017 - The United States Supreme Court has denied a certiorari petition seeking review of a decision by the U.S. Court of Appeals for the Second Circuit affirming extensive district court findings that a $9....
Nigeria's Senate Passes Long-Awaited Oil Governance Bill
Nigeria >> 5/25/2017 - Nigeria's Senate passed a long-awaited oil governance bill which the president of parliament's upper chamber said would improve transparency in the OPEC member's energy industry and stimulate growth i...
First International Law Firm Centurion Law Group Enters Juba
South Sudan >> 4/18/2017 - Pan-African legal services provider Centurion Law Group has signed a strategic alliance agreement with South Sudanese law firm Awatkeer Law Chambers. The partnership, signed on April 10, allows the fi...

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