Ghana wins $196.5 million tax arbitration against Tullow Oil
An International Chamber of Commerce (ICC) tribunal ruled on 30 September that Ghana’s $196.5 million tax assessment on Tullow Oil did not breach the company’s petroleum agreements.
Dangote breaks ground on $16 billion Kenyan refinery
Aliko Dangote and President William Ruto broke ground on 30 September on a refinery in Kenya’s Lamu county designed to process 700,000 barrels of crude a day.