Word: gabon
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CNOOC, for example, signed a deal two years ago to extract 1 million bbl. of oil a day in Indonesia, and a year ago, it signed a major contract to produce gas in Australia. In February, President Hu Jintao traveled to Gabon hoping to secure deals in Africa, and in June he led a delegation from China's natural-gas industry to Uzbekistan. Chinese oil executives have even begun courting Ecuador and Colombia. "Latin Americans feel frustrated that the U.S. has virtually ignored the region, so turning to China is prudent and will pay financial dividends down the line," says...
...CNOOC, for example, signed a deal two years ago to extract a million barrels of oil a day in Indonesia, and a year ago it signed a major contract to produce gas in Australia. In February, President Hu traveled to Gabon hoping to secure agreements in Africa. In June, he led a delegation from China's natural gas industry to Uzbekistan to build the mainland's presence in oil-and-gas-rich Central Asia. Chinese oil executives have even begun courting Ecuador and Colombia in hopes of buying oil in the U.S.'s backyard. "Latin Americans feel frustrated that...
...grab the book. How about this? "Lebanon has never won an Olympic medal, but recently a Lebanese woman won the world karaoke championship in Finland, singing the 1980s classic Fame." Oh, this is the one: "Gabon's President, as you know, is Omar Bongo, now in his 37th year as head of state. And yet again, he has promised any Gabonian medal winner a new house and vast sums of cash. But the wily Bongo is hedging his bets, insofar as they have never won an Olympic medal...
Wilson seemed like a wise choice for the mission. He had been a U.S. ambassador to Gabon and had actually been the last American to speak with Saddam before the first Gulf War. Wilson spent eight days sleuthing in Niger, meeting with current and former government officials and businessmen; he came away convinced that the allegations were untrue. Wilson never had access to the Italian documents and never filed a written report, he told TIME. When he returned to Washington in early March, Wilson gave an oral report about his trip to both CIA and State Department officials. On March...
...erstwhile CEO, Loik Le Floch-Prigent, and two top corporate lieutenants, Alfred Sirven and André Tarallo, the latter dubbed Mr. Africa. They have meticulously described how Elf kept a slush fund, overseen by Sirven, allegedly used to pay bribes via Swiss accounts to African leaders including Savimbi and Gabon President Omar Bongo, as well as to channel money to the two main French political parties. Pressed by Desplan, 47, the pugnacious presiding judge, Le Floch-Prigent described how Elf's payoffs in France first tilted toward the Gaullist party of Jacques Chirac until then-President François Mitterrand...