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International

  • Statoil Ship in Tanzania water

    Tanzania to hold licensing round this month

    Tanzania will hold its fourth  licensing round on 25th October in Dar-es-Salaam, during which seven offshore blocks and another block in Lake Tanganyika will be up for grabs. Read More

  • Image: dead whale washed ashore in Ghana's Western Region

    Is oil killing the whales in Ghana?

    According to Civil Society Organisations in Ghana, twenty dead whales have been washed ashore in the coastal Western Region since oil production started three years ago. (Photo provided by Friends of the Nation)

    The Ghana government and environmentalists are trading accusations after more decomposing carcasses of whales were washed ashore last month, reigniting debate on the government’s capacity to balance oil production and environment conservation.   Read More

  • Turkana-Water-320x194

    Large water aquifers discovered in oil-rich Turkana region

    Water gushing out of a borehole at Napuu area during the flushing process (Photo: UNESCO)

    The Kenya government announced last week that huge underground water sources had been discovered in the arid Turkana region north of Kenya, big enough to meet the country’s fresh water needs for at least 70 years. Read More

  • Global-Witness-Logo

    Global Witness: The benefits of Uganda joining EITI

    This report discusses the importance of Section 1504 of the United States’ Dodd-Frank Act , the new EU Accounting and Transparency Directive and the Extractive Industries Transparency Initiative (EITI) standards in governing Uganda’s oil and gas sector. Read More

  • Egypt-violence-320x204

    Egypt violence raises crude prices, Shell closes office

    Global crude oil prices continued to climb by the end of last week, partly due to the raging violence in Egypt currently under a state of emergency.

    In the UK , Brent crude oil closed the week slightly over $ 110, the highest it has been in over four months. Read More

  • OPEC starts to feel impact of shale

    Despite increasing domestic shale oil and gas production , fracking is hugely unpopular amongst environmentalists and the practice has sparked off large protests in the US and Europe.

    The Organisation of Petroleum Exporting Countries’ (OPEC) dominance of the global oil market is shrinking due to rising supply of shale oil mainly from the United States, according to the cartel’s monthly report for August, 2013. Read More

  • New-Somalia-President-274x250

    British company enters Somalia; police investigate Nigeria

    Somalia’s President, Hassan Sheikh Mohamud, who will make a year in office next month, appears keen to establish his country’s oil and gas potential.

    In the first oil and gas deal since Somalia’s pacification by Ugandan troops, the new government in Mogadishu has given extensive exploration rights to a UK-based company chaired by a former British cabinet minister and leader of the Conservative Party. Read More

  • John-Kufuor-299x250

    Ex Ghana President advises on oil management

    H.E. John Kufuor

    Former Ghana President, John Kufuor, has advised Ugandan leaders to adhere to the principles of good governance if the country’s oil sector is to be sustainably managed.

    H.E. Kufuor was in Uganda last week to take part in activities to commemorate the 90 year anniversary of Makerere University. Read More

  • The Nigeria Stall at the EITI exhibition in Sydney. Nigeria has recovered two billion dollars of mismanaged funds as a result of EITI.

    EITI helps Nigeria clean up its act

    The Nigeria Stall at the EITI exhibition in Sydney. Nigeria has recovered billions of dollars of mismanaged funds as a result of EITI.

    Oil has long fuelled corruption in Nigeria, which currently ranks 139th out of 176 countries in Transparency International’s global ‘Corruption Perception Index.’ (The lower the rank, the more corrupt the country is perceived to be; Uganda ranks only slightly higher, at 130)

    Yet membership of the Extractive Industries Transparency Initiative (EITI) is helping to clean up the country’s oil sector, according to Faith Nwadishi and Hilary Enenche, who work for the Nigerian branch of EITI. Read More

  • Uhuru-Kenyatta-342x250

    Tullow finds more oil in Kenya

    Newly elected Kenyan President Uhuru Kenyatta was recently in Uganda to discuss the construction of a joint oil pipeline with Uganda and Rwanda. His government is eager to ascertain the commerciality of the country’s oil discoveries.

    Tullow Oil announced last week that it had found more oil North of Kenya in its Etuko-1 well, building on the company’s previous successes with the Ngamia-1 and Twiga South wells in the Turkana area, as Kenyans continue to await confirmation of the commerciality of their oil discoveries. Read More