Chad seizes control of COTCO, halts dividends to Savannah
Chad has said it is holding talks with Cameroon on increasing stakes in COTCO and how to share management.
Société des Hydrocarbures du Tchad (SHT)
Chad deals come unstuck for Savannah Energy
It took only days for Savannah Energy’s plans for Chad to come unstuck, as the government threw up objections to its ExxonMobil acquisition.
Glencore pumps more oil, while “managing down”
Glencore has reported strong earnings for 2021, although in terms of energy it was largely driven by coal, rather than oil.
Savannah doubles down in Chad, adds Petronas to Exxon deal
Savannah Energy has formalised its purchase plans in Chad, striking a $626 million deal with ExxonMobil and Petronas.
Chad denies sale plans for export pipeline
Chad has no plans to sell a stake in its export pipeline to Cameroon, Société des Hydrocarbures du Tchad (SHT) has said in a statement.
CPC celebrates first delivery of Chadian crude
Taiwan’s CPC Corp. has celebrated the arrival of Chadian crude in its home market.
Chad asks to suspend payments on Glencore oil-backed loan
Chad asked Glencore to suspend payments on its oil-for-cash loan this year, a move that could prove a precedent for private creditors worried about being dragged into a global debt-relief push for poor countries.
Glencore loses Chad exploration licences
Glencore’s core business of marketing held up well in 2019 but the trader took a $2.8 billion impairment charge, driven in part by the loss of its oil exploration licences in Chad.