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Tag Oil Production

Is East Africa ready for the petrodollars?

Following oil, gas and mineral discoveries in East Africa, a lot has been said and written about the potential billions of dollars in revenues that the countries will receive. But little is being said about the collection of these revenues and the policies that will guide taxation.

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Brad Pitt’s documentary on oil in Nigeria and Ghana

Apr13

A movie executive-Produced by Brad Pitt –‘Big Men’ Explores Greed in West African Oil Exploration specifically Ghana and Nigeria. This Documentary premieres at the 2013 Tribeca Film Festival.

[youtube]http://www.youtube.com/watch?v=tAE1WoGWgcA[/youtube]

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South Sudan: President Kiir demands officials to return stolen money

Juba — South Sudan’s President Salva Kiir has written to over 75 former and current government officials directly asking them to account for misappropriated funds.

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After war, economic crisis hits South Sudan

JUBA, Jun 1  – The United Nations has warned that despite the austerity measures put in place by South Sudan to deal with its economic woes, humanitarian agencies will have to increase relief efforts in order to keep the country’s poor alive as the financial situation worsens.

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Angola: is the country ready to avoid an oil disaster?

LUANDA – While BP struggles to contain an oil spill that U.S. government estimates indicate is now the largest ever in the Gulf of Mexico, questions are being asked about how well prepared Africa’s oil-producing countries are for a similar incident.

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Sudan: oil consortium behind war crimes

UTRECHT– The entry of a Swedish-led oil consortium into southern Sudan in 1997 triggered civil war and crimes against humanity, claims a European coalition of aid agencies.

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