By Taimour Lay When you stand on the island of Rukwanzi at the heart of Lake Albert, your first thought, echoing perhaps the casual rhetoric of the region’s oil men, is that you are at the edge of a new frontier. But for its communities the lake is a centre, a point of connection and [...]
In East Africa
Feb 23rd, 2012
Chinese state media say one of the country’s largest national oil companies is in negotiations to invest in Uganda’s first ever oil refinery. The China Daily said Thursday that the state-owned China National Offshore Oil Corp (CNOOC) plans to invest in the project, which will be located i...
Jan 4th, 2012
Royal Dutch Shell Plc said it is eyeing potential opportunities in South Sudan, which last July broke away from Khartoum, taking with it two-thirds of Sudan’s 500,000 barrels per day of oil production. “We continuously review potential business opportunities around the world. We would lik...