Washington [US], January 15 (ANI) The United States on Thursday (local time) added the Chinese oil giant, CNOOC Limited, to its economic blacklist for helping C
Uganda oil project should move ahead with careful planning
December 30, 2020 Oil activities in Hoima
The concept of ‘stranded’ oil resources is now front and centre for many people in western countries.
However, in the interest of the economic development of East Africa and the people, development of crude oil and natural gas resources needs to happen.
However, Future Energy Partner’s position is that these developments need to be done to ‘international standards’ with due consideration of the impact on affected citizens ensuring that those citizens benefit from these developments.
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A newly released analysis of the economic constraints for the much awaited oil development in western Uganda illustrates the fiscal challenges faced by the country.