Algerian Court Issues Jail Sentences in Sonatrach Case

• Tuesday, 2nd February 2016
• by Egypt Oil & Gas

A verdict was reached in the high-profile corruption trial of former executives at Algeria’s state energy giant, Sonatrach. Six officials were handed between five to six years of jail sentences, including a form...

Stiff Sentences for Nigerian Fuel Smugglers

• Sunday, 1st November 2015
• by Egypt Oil & Gas

Nigeria’s Economic and Financial Crimes Commission (EFCC) has announced that seven men have been jailed for 10 years after being arrested with nearly 1,500 tons of contraband petrol, the Business Standard reported. Th...

Bechtel Egypt Trial in the US Leads to Conviction

• Wednesday, 25th March 2015
• by Egypt Oil & Gas

A former principal vice president of Bechtel Corp. was sentenced to 42 months in prison for accepting $5.2 million in a scheme to manipulate bidding for power contracts in Egypt. Asem Elgawhary, 73, of Potomac, Maryla...