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.

You need an active subscription to continue reading this article.

Recent Business

arvind-vallabh-rqWWhKzVCaU-unsplash
Gabon ramps up deepwater push to reverse oil decline
Read More »
kurt-cotoaga-FWTN3Uquq20-unsplash
Senegal raises $346m in latest WAMU debt auction
Read More »
Allen dreyfus Logo
Cote d’Ivoire awards new gold exploration permits
Read More »

Recent Politics

james-wiseman-IebZAH6kaNw-unsplash
Trump pushes trade-first Africa strategy to counter rivals
Read More »
Allen dreyfus Logo
Elombi steps into Afreximbank leadership amid mounting regional debt pressure
Read More »
edouard-tamba-oTrwlvPvpVo-unsplash
Northern defections rattle Biya’s rule ahead of Cameroon’s October election
Read More »

Latest Posts

Latest news insights