Africa
ICJ rejects Kenya case in Somalia maritime border row
In 2009, the two countries had agreed in a memorandum of understanding, backed by the UN, to settle the boundary dispute through negotiation.
DL News
Results for "oil dispute"
908 results.
Courts
High court orders TotalEnergies to settle fuel dealer in Madina contract dispute
Presiding judge Justice Patrick Baayeh also directed TotalEnergies to issue Mr. Classpeter a release letter within 30 days to allow him to sever ties and continue his operations independently.
DL News
Business
Arbitrary claims:Ghana nearly lost $9 billion in the last four years-AG
This sum, he noted, could have devastated the nation's economy, but the cases were ultimately resolved in Ghana's favor.
DL News
Business
Trafigura judgment debt: Ghana’s assets at risk – Bright Simons
He accused him of downplaying the severity of the Regina House issue and failing to adequately advise the government.
myjoyonline
Africa
Egypt and Suez ship owners agree on compensation
The ship blocked one of the world’s busiest trade routes, forcing companies to reroute ships and causing long tailbacks of hundreds of vessels
DL News
Courts
Mustapha Abdul-Hamid, others plead not guilty to OSP's fresh charges
This is now the third time pleas have been taken in the case, which centres on allegations of a large-scale extortion and laundering scheme involving more than GH¢291 million and $332,000.
DL News
Crime
OSP signals major breakthroughs in two high-value corruption probes
In a statement published on its official Facebook page on Saturday, 22 November, the OSP framed the latest developments as part of its broader push to protect public resources while maintaining strict adherence to due process.
DL News
General
Star Oil probes Oti Region tanker crash that claimed four lives
Police say the tanker driver allegedly lost control, veering into a busy market and leaving four people dead and 14 others injured.
DL News
Courts
Mustapha Hamid, others granted GHC 14m bail in alleged extortion case
When he appeared before the High Court on Wednesday, July 23, Dr. Abdul-Hamid, described as the ringleader of the purported scheme, denied allegations of conspiracy to extort, extortion, and deriving personal gain from public office. He was...
DL news
Business
Stakeholder Committee to champion reform of downstream petroleum sector-Minister
This initiative aims to ensure a stable and sufficient fuel supply to meet the increasing national demand. Speaking at the inaugural downstream dialogue organized by the Chamber of Oil Marketing Companies, Mr. Jinapor emphasized
DL News
Europe
Former Trafigura Executive Convicted in Swiss Bribery Case
Switzerland’s highest court has convicted commodities trader Trafigura and its former COO, Mike Wainwright, of bribery linked to Angola’s oil sector. Wainwright received a 32-month sentence, while the company faces a $148 million fine.
DL News
Africa
$50m in alleged stolen funds returned to Nigeria
The funds, recently returned to Nigeria by the United States, are part of assets allegedly acquired through corruption.
DL News
Business
Kosmos exits takeover talks with Tullow
In a statement issued on Tuesday, December 17, 2024, Kosmos confirmed it would not proceed with a formal offer for Tullow, aligning with Rule 2.8 of the UK Takeover Code.
DL News
Africa
Libya: Central Bank director kidnapped, shuts operations
The bank also reported that other staff members have received threats of kidnapping.
DL News
Crime
Court remands man over alleged theft of fuel dispensers
Kattalist Creegbo Kosi denied that he dishonestly appropriated the dispensers, and the court, presided over by Mr Isaac Oheneba Kuffour, remanded him to assist in investigations.
GNA
Courts
Court remands man over alleged theft of fuel dispensers
Kattalist Creegbo Kosi denied that he dishonestly appropriated the dispensers, and the Court presided over by Mr Isaac Oheneba Kuffour remanded him into Police custody.
GNA
Africa
Nigeria imposes annual levy on expatriate workers
The move is meant to encourage foreign companies to employ more Nigerian workers
BBC
Business
NPA sanctions seven OMCs for illicit practices
The companies are said to have specifically violated Unified Petroleum Pricing Fund (UPPF) regulations, making false UPPF representations to the Authority, and engaging in third-party supplies
DL News
Africa
Nigeria MPs want $25bn spent to fix refineries probed
This news comes as the price of fuel has more than doubled in Nigeria after the new president, Bola Tinubu, announced the scrapping of a fuel subsidy
BBC
Crime
Ex-Goldman banker, Asante Berko arrested over alleged bribery scheme
Mr. Berko is accused of conspiring with at least two Ghanaian officials and four others in a bribery scheme that benefited Goldman, himself and a Turkish energy company.
Bloomberg