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Editors

Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Shruti J. Shah
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

DOJ ends Cobalt International bribery probe

Cobalt International Energy, Inc. said Thursday the U.S. Justice Department has closed its FCPA investigation into the company’s operations in Angola.

Cobalt said it received the declination in a letter from the DOJ.… Continue Reading

Angola president appoints daughter to head national oil company

Angolan president Jose Eduardo dos Santos may have to answer questions concerning his daughter’s recent appointment as the head of state-owned Sonangol. 

According to court documents seen by Reuters, Angola’s Supreme Court has asked dos Santos to respond to an inquiry into why he appointed Isabel dos Santos as CEO of the state-owned oil firm in June.… Continue Reading

More Allegations Surface For Cobalt

Cobalt International Energy, Inc. has denied alleged links between government officials and Nasaki Oil and Gas, one of Cobalt’s partners in Angola.

The Sunday Financial Times reported that the former head of Angola’s national oil company confirmed that three officials have held shares in Nasaki.… Continue Reading

Cobalt’s Blind Date

Oil is big business. And it leads some companies to take big risks with FCPA compliance.

Take Cobalt International Energy, Inc., for example.

In its annual report filed with the SEC on March 1, Cobalt repeated a disclosure, of sorts, about FCPA compliance in an Angolan development project.… Continue Reading