LAGOS The Nigerian National Petroleum Corporation (NNPC) said its latest move to re-negotiate Oil and Gas contracts is a part of a series of measures to save the nation from the devastating sharp fall of revenues from the oil Industry. In a presentation at the 33rd Annual International Conference and Exhibition organised by Nigerian Association of
Uganda Issues Bidding Document for Oil Exploration, Sets deadline to January, 2016
The Government of Uganda through the Ministry of Energy and Mineral Development issued the bidding document to the 16 Qualified Applicants for the licencing round of six blocks. The bidding and competitive process will close on 15th January 2016 with submission of bids. The bidding document comprise of Request for Proposal, Model Production Sharing Agreement
We need less of the oil excitement and more focus on agriculture
The discovery of oil is the kind of news that usually excites developing nations in many of which instances, the countries will focus on the prospective oil wealth as a potential trigger to the nation’s financial triumph. But for the beleaguered small-scale subsistence farmer who sits at the tail end of the social radar, such