corruption | Egypt Oil & Gas - Part 2
LNG Key Platform for Tanzanian Presidential Elections
Tanzania’s presidential candidate John Magufuli has pledged to remove impediments related to the site of a planned LNG plant, reported Reuters. He promised that, if elected, he would resolve this outlying issue ...
Nigeria Launches Transparency Bid Round Via TV
Nigeria’s state oil firm NNPC began auctioning annual crude term contracts on live television on Tuesday, reported Reuters. The contracts are for nearly 2 million b/d of crude oil exports. This time round, howev...
Obama Issues Waivers as Iran Prepares Investment Laws
President Obama has just signed an order directing his administration to begin issuing waivers to Iran’s nuclear sanctions, reported USA Today. The presidential memorandum marks what has being called the “...
South Africa Faces Industrial Action in Electricity Sector
The legal team representing the South African Municipal Workers Union (Samwu) has notified City Power that its planned strike action will not commence on Monday October 19 as originally announced‚ reported BDLive. ...
Nigerian President Relies on Oil Officials in Fight Against Corruption
Nigerian President Muhammadu Buhari is packing his new cabinet with figures from the oil industry, according to Bloomberg, having nominated four former state governors and the current head of the national oil company ...
Former Nigerian Oil Minister Aprehended in UK
Relatives of the former Nigerian oil minister, Diezani Alison-Madueke, have confirmed that she had been apprehended in London, reported Gulf News. She was detained, among five people, by the National Crime Agency (NCA...
Nigeria’s President Says He Will Not Appoint an Oil Minister
The President of Nigeria, Muhammadu Buhari, will not appoint a new minister of Petroleum, stated Reuters. Buhari, whose political campaign was largely against corruption in the government and oil industry, said that h...
Nigerian Refineries Undergoing Overhauls
Port Harcourt Refining Company (PHRC) managing director Bafred Enjugu told AFP that Nigeria was finally “domesticating” the refining of crude into products, in reference to the successful relaunching of hi...
