Party feuding, jarring personalities and tax deals – not rivalry with China – have kept ExxonMobil out of Ghana’s oil fields
The announcement on 17 August by ExxonMobil that it is abandoning its campaign to buy a 23.5% stake in the Jubilee field, Africa’s biggest offshore oil field, is likely to precipitate a bid by the Ghana National Petroleum Corporation (GNPC), backed by the China Offshore Oil Corporation (CNOOC), Africa Confidential has learned.
President John Evans Atta Mills has remained above the fray throughout the dispute between the Ghana National Petroleum Corporation (GNPC) and Kosmos Energy but has set up two...
Khartoum is determined to block January’s referenda; the South is
determined to hold them
Four months before the scheduled referenda that would decide Sudan’s future borders, the ruling National Congress Party in Khartoum is now openly saying that a ‘credible’ referendum is...