Finance Legal News Oil & Gas

VOG temporarily stops trading after $12m award ruling

Victoria Oil & Gas plc (VOG)’s shares were yesterday suspended after an arbitral tribunal of the International Chamber of Commerce (ICC) ruled against the company’s subsidiary Gaz du Cameroon, making an award of US$12.1 million. NO DELAYS The dispute between GDC and RSM Production Corporation relates to previous work in Cameroon. The company said that […]