Glencore fined $314M for ‘Highly Corrosive’ and ‘Endemic’ Corruption in 5 African Oil States

Glencore Energy UK Ltd will pay £280,965,092.95 million (over 400 million USD) after an SFO investigation revealed it paid US $29 million in bribes to gain preferential access to oil … Read More

Soma Oil Delivers Seismic Data to Somalia Government, Applies for PSA

UK-registered oil and gas exploration company focused on Somalia Soma Oil & Gas has said that as per the terms of the Seismic Option Agreement (SOA), the company has delivered … Read More