Oil
SUDAN AND SOUTH SUDAN CONCUR’S OVER OIL EXPORTS
The presidents of the two countries have finally reached to a deal on oil exports from south Sudan through Sudan. The negotiators for both...
Uganda government still dealing with Libya
Uganda is still dealing with Libyan company although UN instructed that
Libya's property be confisicated because of Gaddafi's stand off.
Uganda government spokesman, Kabakumba Matsiko has...
Libya’s oil promises amid Gaddafi defections
Libyan rebels certain of victory over Muammar Gaddafi and his forces have promised to begin exporting oil in less than a week. The rebel...
Sudan: Tensions over oil-rich Abyei region mount
A battle between Northern Sudan and Southern Sudan over the oil rich Abyei region has entered its fourth day. Scores of people have been...
Ethiopia braces for oil shortage as Sudan shuts pipes
Fuel prices in Ethiopia will be raised in March following an increasing consumption of fuel and its consequent impact on the government’s fuel expenditure....
Effective utilization of oil revenue, transparency and accountability
I recently delivered two lectures on the Effective Utilization of Oil Revenue, Transparency and Accountability and Local Content issues at the annual conferences of...
Nigeria: Oil companies, Shell and Halliburton, to be questioned
Nigeria's anti-graft Economic and Financial Crimes Commission (EFCC) have summoned Royal Dutch Shell PLC and oil service firm Halliburton for questioning after the oil...
Nigerians dying at 40 in Niger Delta?
Oil spills are common in the Nigerian Delta. Identifying the cause of this pollution is not an easy task in a complex and violent...
Sudan: Oil threatens South’s independence
Northern Sudan has been accused of settling Arab nomadic tribes in oil-rich Abeyi region where votes are required to influence whether or not the...
Libya tears United States and United Kingdom apart
A U.S. Senate hearing over the release of the Libyan spy, Abdel Basset al-Megrahi scheduled for Thursday was postponed after "key witnesses" failed to...
Nigeria: Shell sells oil fields under pressure from militants?
Oil fields in Nigeria believed to account for some 50,000 barrels of oil per day, are to be sold by Shell, and while observers...
Nigeria gets help from China to refine its own oil
Nigeria has moved to improve its oil production and refining as China prepares to build an $8bn oil refinery in the country that would...
Nigeria-DR Congo: Strange tale of simultaneous oil disasters
Africa's natural resources have ofttimes been described as a curse on its people for several reasons. One of such reasons is the weekend tragedy...
South Sudan says Sudan Army backing militias
The Sudan People's Liberation Army (SPLA) of South Sudan has said that the Sudan Armed Forces (SAF) and the National Security are supporting...
The Deepwater Horizon Spill and its aftermath
A seemingly endless flow of oil from under the sea is ominously approaching the American coastlines from Atchafalaya Bay, Louisiana to Pensacola, Florida --...
Nigeria: Militants to strike again
Militant group of the Niger Delta in Nigeria are pressing newly sworn-in President Goodluck Jonathan to kick-start talks on their demands for local communities...
Nigeria: Niger Delta stability key to economic success
The key to Nigeria’s economic progress is stability in the Niger River Delta, where the bulk of the country’s oil and natural gas is...
Shell East African exit attracts Asian and North African firms
An announcement by Royal Dutch Shell PLC, the number one oil company in Europe, and a parent group of Shell Uganda, that it was...
U.S. – Ghana: The biofuel scam
US Department of Agriculture figures reveal that a quarter of US cereals grown in 2009 went to biofuel, turning cheap food into expensive fuel....
Zimbabwe: French oil group Total victim of Black empowerment regulation?
Total (Zimbabwe), a French registered oil company is being investigated for allegedly refusing to sell some of its expansive asserts to black businesspeople in...
Nigerian leader urged to resolve Niger Delta crisis
Acting Nigerian president Mr. Goodluck Jonathan has been urged to use his proximity with the troubled Niger Delta region of Nigeria, to broker a...
Nigerian rebels return
Nigeria’s recent political upheaval, in the face of an absentee president has been worsened by news that factions of disgruntled rebels of the Nigeria’s...
Uganda gets tough on rivaling foreign oil companies
The government of Uganda has threatened to throw out rivaling oil companies in the country if their disagreements threaten the exploration of...
Sudan: Omar Bashir promises friendly separation
President Omar Bashir Tuesday promised to recognize the secession of southern Sudan if that choice prevailed in the referendum scheduled for January 2011. But...
Nigeria: Financial distrust threatens weak peace and civility in Niger Delta
A dispute between the Niger Delta communities of Nigeria and government officials over who must manage the ten percent of oil revenues promised them...
Nigeria: UN moves to assess oil pollution in the Niger Delta
The United Nations Environment Program (UNEP) has begun its inspection of the polluted communities in the Nigeria’s Niger Delta. A lack of maintenance, oil...
The day Venezuela taught Nigeria a hard lesson
The Nigerian minister of information and communication, Professor Dora Akunyili, was given a good lecture by the Venezuelan ambassador to Nigeria, Enerique Fernando Arrundell...
Nigeria’s Niger Delta: A shaky peace process and rehabilitation program
There is an air of doubt clouding the Niger Delta as the promised education and jobs to the rebel militias who disarmed have not...
Ghana: Avoiding the Oil resource curse
Ghanaians have been rejoicing over the country’s oil find. However, many are aware that finding oil can actually lead a country into trouble, a...
Nigeria: Government to spend oil income on Niger Delta amid fears of siphoning
The Nigerian government has agreed to spend 10% of oil revenue directly in the communities of the Niger Delta, as part of a plan...