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President Evo Morales ordered soldiers to immediately occupy Bolivia's natural gas fields Monday and threatened to evict foreign companies unless they sign new contracts within six months giving Bolivia majority control over the entire chain of production. Read More

Bolivian authorities plan to scour the financial records of foreign energy companies and have threatened explicitly for the first time to seize company assets if new contracts giving the state greater control can not be negotiated. Read More

A cigarette factory with the capacity to produce three billion Dunhill cigarettes per year is expected to open up in Mali this year, the product of a partnership between British American Tobacco (BAT) and the Malian government, that the company claims will create as many as 200 permanent jobs. Read More

Walgreens, a major pharmacy chain in the U.S., has been sued by the state of Arkansas for failing to report large numbers of suspicious prescriptions of opioid medications. Arkansas is the latest of several U.S. states to allege that the company did not heed government warnings about the problem. Read More

Local communities in Nigeria are taking the World Bank before an internal auditor over claims that the lender neglected its duties and anti-poverty mission when it funded a controversial gas pipeline in the region, whose construction they say will harm the environment and area residents. Read More

The leader of Bolivia on Thursday ruled out compensating oil companies for nationalized oil and gas fields as he came under questioning from European officials at the start of a high-level meeting on energy and trade. Read More

The Federal High Court in Port Harcourt, Rivers State, has ordered Shell Petroleum Development Company, SPDC, to pay $1.5 billion about N210 billion into the coffers of Central Bank of Nigeria, in favour of the Ijaw Aborigenes of Bayelsa State, between last Friday and noon tomorrow. Read More

Two small utilities are set to pay more than $50 million to Enron for electricity that they agreed to buy but that Enron will never deliver, under terms of a settlement that raises larger issues. Read More