The revenues of the Moroccan state-owned phosphate group OCP reached $2.67 billion in the first quarter of 2022, up from $1.59 billion reported the same period last year. The record results achieved by OCP in 2021 have continued in the first quarter of 2022, driven by strong market conditions and operating efficiencies, says the OCP […]
Former President of the Democratic Republic of Congo (DRC), Joseph Kabila, has been sentenced to death in absentia by a military court on charges of treason, war crimes, and conspiracy linked to the brutal M23 rebellion in the country’s east. The verdict, delivered Tuesday (30 September) in Kinshasa, marks a dramatic fall from grace for […]
French oil company Total has taken its dispute with Algerian authorities to the International Court of Arbitration, via the International Chamber of Commerce in Geneva. Total contests Algerian state oil & gas producer Sonatrach decision to change profit-sharing terms on oil and gas contracts in the mid-2000s. “We tried as always to find a mutual […]
