Africa's Oil, Gas and Energy News.
By NJ Ayuk, Executive Chairman, African Energy Chamber Namibia has four onshore and four offshore basins that are estimated to contain 11 billion barrels of oil (boe) and 2.2 trillion … Read More
Africa Oil has announce that it has published its 2022 Sustainability Report outlining the Company’s approach to ESG management and provides an overview of the ESG-related performance for the period … Read More
The African Energy Chamber (AEC) is calling for the Extractive Industries Transparency Initiative (EITI) to terminate the membership of Switzerland-based commodities and mining multinational Glencore following Glencore’s recent guilty plea … Read More
Togo The Board came to the following decision regarding the Validation of Togo: The EITI Board agrees that Togo has fully addressed five of the seven corrective actions from the … Read More
Nigeria’s national oil company, the Nigerian National Petroleum Corporation (NNPC), has become an EITI supporting company, joining a group of over 65 extractives companies, state-owned enterprises (SOEs), commodity traders, financial institutions … Read More
The EITI Board has approved Uganda’s application to join the EITI, making it the EITI’s 54th member country and the 26th in Africa. EITI Board Chair, Rt Hon. Helen Clark, welcomed Uganda to the … Read More
Uganda is preparing to join, the global standard for the promotion of transparency and good governance in the management of oil, gas and mineral resources, the extractive industries transparency initiative (EITI) after … Read More
Source: eiti.org/blog/ Author: Christoffer Claussen On 31 December 2017, an important provision of the 2016 EITI Standard comes into force. It requires implementing countries to make their EITI data available in open … Read More
A report by Oxfam dubbed The Use of Tax Havens in the Ownership of Kenyan Petroleum Rights shows that all but five companies that hold petroleum exploration rights have at … Read More
Three lobbying groups namely Global Rights Alert, ActionAid Uganda and Transparency International have kick started an online petition to push for transparency from the Uganda government and international oil companies. … Read More
