Local leaders in Uganda’s Oil-rich region urged government to regulate land acquisition and oil waste disposal in the Albertine graben to prevent exploitation, local media reported. The call was echoed during a community dialogue organised by Midwestern Regional Anti-Corruption Coalition. The Prime Minister of Bunyoro Kingdom, a cultural institution which also shares part of the
Sector Facts: Oil Price Slump hits Africa harder, Dampens progress in exploration activities
U.S. explorers aren’t the only ones idling rigs as sub-$50 crude forces oil and gas drillers in Africa to slow their search for new reserves. The number of oil and gas rigs offshore Africa remained at 20 in April, the lowest since 2009, according to data published on Friday by Baker Hughes Inc. Onshore rigs fell