Bahrain LNG is putting out feelers to find financing as the island kingdom looks to keep pace with its increasing gas demand.
Statoil’s purchase of a majority stake in the BM-S-8 block offshore Brazil is a pivotal moment for IOCs’ ambitions to acquire a piece of the country’s pre-salt acreage.
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Tanzanian President John Magufuli. He has pledged to crack down on corruption. (PA)
A tax dispute between Shell and the Tanzanian authorities appears to be moving forward, but neither side has indicated when it will be completed.
As the government accelerates its crackdown on tax collection, progress on the case will be closely watched by investors looking for insight into the capacity and independence of Tanzania’s legal system.