Search

Cameroon’s State Oil Firm Denies Allegations of Undervalued Crude Sales

Allen dreyfus Logo
© Allen Dreyfus
  • SNH refutes claims of selling crude below market value, citing baseless accusations
  • Company faces pressure to disclose details of staff involved in Glencore bribery case

Yaoundé, Cameroon – Cameroon’s state-owned oil firm, the National Hydrocarbons Corporation (SNH), has firmly denied allegations that it has been selling the country’s crude oil at undervalued prices. In a statement released on this week, the company described the accusations as unfounded and damaging to its reputation.

Recent Business

Crowded market in Nigeria. Photo by David Iloba @ Pexels
Nigeria is back in frontier markets - will foreign money follow?
Read More »
Delivery service in Africa is gaining grounds. Photo by Olarotimi Awolaja @ Pexels
Beyond Jumia: who really controls Côte d’Ivoire’s e-commerce economy?
Read More »
Busy street of Accra, Ghana. Photo by Jozua Douglas @ Pixabay
Why Ghana’s T-bill demand is weakening and what the shift to short-term bets signals
Read More »

Recent Politics

Benin Finance Minister Romuald Wadagni. Photo @Romuald Wadagni/Facebook
Benin election 2026: From fiscal discipline to political delivery - Wadagni’s real test begins
Read More »
Kinshasa, Democratic Republic of Congo. Photo by Johnnathan Tshibangu @ Unsplash
Why DR Congo is taking in US deportees — and what Africa gains or risks
Read More »
Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »

Latest Posts

Latest news insights