The company said in a 2013 release that the investigation would look into “whether Hyperdynamics’ activities in obtaining and retaining the concession rights and its relationships with charitable organizations potentially violate the U.S. Foreign Corrupt Practices Act or U.S. anti-money laundering statutes.”
The Independent Petroleum Marketers Association of Nigeria said the finance minister agreed Monday to pay a debt of $800 million to oil suppliers. It said companies started pumping oil again Tuesday and unpaid tanker drivers stopped striking.
The firm is cutting jobs through voluntary retrenchments or early retirements, and it has stopped hiring new workers and isn’t filling vacancies for now, Sasol CEO David Constable said in written statement Monday.
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