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...It almost marks a reversal of fortunes for Equatorial Guinea, which was once a hotbed of promise when Mobil discovered oil there and Exxon increased production after its takeover in 1999....
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...“If someone is sitting there watching hearings all day long . . . I’d have to question their mental stability.”...
...Follow Mark on X, formerly Twitter, @markv747 or email him at mark.vanhoenacker@ft.com Find out about our latest stories first — follow FTWeekend on Instagram and X, and subscribe to our podcast Life and...
...This is just the latest in a long series of mis-steps which have led to disgruntled investors and a distinctly depressed valuation....
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