English

Cameroon News updated seven days a week…

Has the Forward Momentum in Cameroon Oil and Gas Sector Effectively Stalled?

African Energy Chamber | From all accounts, it looks like Cameroon has pressed pause on oil and gas. Chevron is ready to invest big to move on the Yoyo Yolanda Unitization. This is a joint development of the Chevron-operated Yoyo (in the Douala Basin offshore Cameroon) and Yolanda (offshore Equatorial …

Read More »

Cameroon state oil firm says staff linked to Glencore bribes will face UK court

YAOUNDE, Aug 3 (Reuters) – The head of Cameroon’s National Hydrocarbons Corporation (SNH) has said some managers and employees will appear before a UK court over suspected involvement in bribery offences linked to Swiss commodity trader Glencore. Adolphe Moudiki, SNH’s administrator and director general, had previously denied staff involvement but late …

Read More »

Billionaire and Former Glencore Oil Trader Charged with Corruption in Nigeria and Cameroon

In connection with his business operations in Nigeria and Cameroon, billionaire and former oil trader Alex Beard, along with four other executives, have been charged with corruption. The charges, brought by the UK’s Serious Fraud Office, allege that he exploited his influential position to facilitate illegal activities and gain unfair …

Read More »

Klay Thompson Aids Former Warriors Teammate In Cameroon Basketball Camp

Sports Illustrated | The two former champions helped spread the game this week While Klay Thompson may no longer play for the Golden State Warriors after signing with the Dallas Mavericks this summer, he’s still willing to help his former teammates when needed. Thompson accompanied former Warriors center-turned-broadcaster Festus Ezeli …

Read More »

Cameroon signs bauxite deal with Canyon Resources

mining.com | Cameroon on Tuesday signed a bauxite mining deal worth at least $2 billion with a subsidiary of Australia-based Canyon Resources, as the central African nation seeks to become an upper middle-income country by 2035. Camalco, the Cameroonian subsidiary of the Australian miner, will carry out the direct shipping …

Read More »