29/07/14
Opposition from local authorities to UK private equity investor Actis’ planned takeover of French operator Veolia Environnement’s electricity, water and sanitation concessions in Morocco may be explained in part by a...
28/07/14
Violence is once again tearing Iraq apart. The fall of Mosul did not just mark the terrifying rise of jihadists from the Islamic State in Iraq and the Levant (ISIL – now calling itself the Islamic State), but also the...
The rejection by a number of local authorities of UK private equity investor Actis’ planned takeover of French operator Veolia Environnement’s electricity, water and sanitation concessions in Rabat-Salé, Tangier and Tetouan has highlighted...
Uganda’s Tax Appeals Tribunal has ruled in favour of the Uganda Revenue Authority (URA) in its dispute with Tullow Oil over capital gains tax (CGT) owed for the company’s 66% farm-down of its Lake Albert assets to CNOOC and Total. Following...
The government has included anti-bribery provisions in four out of six petroleum agreements (PAs) currently before parliament for approval. “We are encouraged that PAs for the first time in Ghana’s history contain provisions that shun corruption...
The Democratic Republic of Congo and Guinea have both been admitted as full members of the Extractive Industries Transparency Initiative (EITI) at an EITI board meeting in Mexico City. “I congratulate the DRC for becoming a full member of the...
Ncondezi Energy said on 9 July it had “entered the final stages of negotiations” on a power purchase agreement (PPA) and power concession agreement (PCA) for its 300MW power project in Tete Province. AIM-listed Ncondezi said that it had concluded...
Sonatrach is planning a series of experimental wells this year and next as it attempts to lay the ground for future frontier exploration both into shale formations and the untested offshore. At the same time, it is also moving forward with...
Six companies have been shortlisted for a turnkey contract to build a 250MW coal-fired power station at Walvis Bay. The six – Aggreko South Africa, Sinohydro, India’s PPN Power Generating Company, Hong Kong-based Sun International Consulting,...
The official launch of the $850m Western Corridor Gas Infrastructure Development Project is now scheduled for October, once the overhaul of the Aboadze thermal plant is complete. The state Ghana National Gas Company (GNGC) is overseeing...
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