Africa
Uganda protests denounce EU oil policy
"EU respect Africans and their resources," one placard reads, "our oil is our hope," says another.
BBC
Results for "oil dispute"
847 results.
Europe
Former Nigerian oil minister cleared of UK bribery charges
A jury at Southwark Crown Court found the 65-year-old not guilty of five counts of accepting bribes and one count of conspiracy to commit bribery.
DL News
Business
GNPC seeks Parliamentary approval for $1.65bn loan to commence oil exploration
Currently, the GNPC is allowed through its GNPC Explorco to participate in the upstream petroleum sector. This means the company can search for potential underground or underwater crude oil and natural gas fields.
DL News
Courts
Dram Oil sues Deloitte and Touche for alleged negligent auditing
According to its Statement of the Case, Dram Oil indicates that the said Commercial dispute brought against it and others by CAL Bank arose out of a tripartite agreement.
DL News
Courts
Court of Appeal dismisses Sankofa Oil Field application
The plaintiff further wants the court to order the payments of all revenue it deserves from the Sankofa Field.
DL News
General
SONA 2024: Full Speech by President Akufo Addo
The address, mandated by Article 67 of the 1992 Constitution, was delivered by the President in the Chamber of Parliament on Tuesday, 27th February, 2024
DL News
Business
Petro XP, Finest Oil, 2 others fined GH¢595, 000 for various infractions
According to a release by the Corporate Affairs Directorate of the NPA, Finest Oil would pay GH¢160,000.00 made up of GH¢10,000.00 for engaging in third-party supplies
DL News
General
GNPC-Aker deal: I’ve not taken any bribe, says Haruna Iddrisu
Royalties, tax revenues and profits to GNPC Explorco will amount to about US$6.5 billion in nominal value over 15 years and substantial foreign exchange inflows will accrue to Ghana
DL News
Business
IES urges government to review Petroleum Agreements amidst drawbacks in oil sector
The IES wants the government to review the royalties and taxes charged stakeholders and parties in the upstream sector
DL News
Africa
First of its kind legal tech ADR platform launches in South Africa’s property sector
The legal-tech platform provides individuals and businesses access to a cost-effective, reliable and user-friendly solution that assists in resolving legal disputes, within record time, outside the courtroom or the CCMA.
Mail&Guardian
Africa
AfCFTA sets up dispute settlement body to inspire confidence in trade deal
Secretary General of the African Continental Free Trade Area Secretariat, Wamkele Mene, has said that businesses should feel confident and safe about leveraging opportunities created by the continental trade deal, as a Dispute Settlement Bo...
DL News
Business
London Court to rule on GRA tax charge against Tullow OIl
Tullow Oil shared this update in its Trading Report released on November 29, 2024, emphasizing that the court is preparing to issue its verdict after both parties presented their cases.
DL News
Business
Pay 30% revenue into Escrow Account – High Court orders Eni, Vitol
The 30 per cent revenue must be paid by the operators into an account agreed by all the contesting parties
DL News
Business
Ghana extends oil licence deal with Tullow, Kosmos, PetroSA & GNPC at $2 billion
Announced on June 4, 2025, the agreement brings together key industry players—Tullow Oil plc, Kosmos Energy, PetroSA, the Ghana National Petroleum Corporation (GNPC), and its subsidiary Explorco—under a unified commitment to deepen investme...
DL News
Business
Tullow OIl, Kosmos Energy in merger talks
This announcement follows media reports speculating about Kosmos's interest in making an all-share bid for Tullow Oil plc.
DL News
General
Give PIAC prosecutorial powers- CSO rep
The committee currently relies on Parliament for enforcement, a system that has not effectively deterred the misuse of oil revenues.
DL News
Europe
Museveni urges overseas travel ban for MPs
He made the remarks while commissioning facilities at Uganda Petroleum Institute-Kigumba (UPIK) where the country intends to train local experts in oil exploration.
BBC
Supreme Court News
Supreme Court dismisses ENI, Vitol motion against 30% oil revenue payment
The particular High Court decision on January 24, 2022, ordered ENI Ghana Ltd and Vitol Upstream Ltd to pay 30 per cent of revenue from the scale of crude oil to the Court Registrar.
DL News
Courts
More than 10 companies charged for tax offences at newly created Tax Court November 23, 2021 110
The Tax Court, a Division of the High Court, was established by the Chief Justice, Justice Kwasi Anin Yeboah, to hear tax-related offences in Accra.
DL News
General
Scrap “nuisance” taxes on petroleum products to stabilise fuel prices – NDC
Government, through an advice from the National Petroleum Authority (NPA), removed the Price Stabilisation and Recovery Levies (PRSL) on petrol, diesel, and LPG for two months as part of measures to stabilise fuel prices.
DL News