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Oil and gas

 

news by category: Oil and gas

Found 38 articles.

Displaying 11-20 out of 38 results.

Trust question

Concern is growing in the Niger Delta over the fate of the charitable trust set up with US$5 million of the 2009 $15.5 mn. settlement that Shell made with the relatives of the l...


Companies fight regulation

New US laws and planned European regulations are coming under fire from well-organised oil and mining lobbyists

Extractive industries don’t always like compulsory disclosure requirements. Companies are now fighting a rearguard action against recent United States and European Union legislatio...


A pipeline of votes

Delays and disputes over a gas-fired industrial project could damage President John Atta Mills ahead of next year’s elections

The promise that an offshore gas pipeline and processing plant – a cornerstone of Ghana’s new industrial plan – will be completed around the time of the presidential and parliament...


Who cleans up in the Delta?

A huge payout by Shell for spilling oil will not necessarily help those who suffered from the environmental damage

On 3 August, the oil giant Shell agreed in the London High Court to settle a compensation claim for oil spills in Bodo, in the Niger Delta. This is a district with about 70,000 res...


It's urgent? Set up a committee

As the Bodo case was being settled, a damning United Nations report estimated the cost of an environmental clean-up in Ogoni at US$1 billion over up to 30 years. The report airs ma...


Refineries and rivalries

The Chairman of the Board of the Société africaine de raffinage (SAR) is Serigne Mboup, a one-time ally of former Prime Minister Macky Sall, who is expected to challenge President ...


Pushing for probity

Pressure is growing for greater accountability and transparency in oil and mining operations, especially in Africa, due to the strengthening of the Extractive Industries Transparency Initiative and the imminent application of the United States’ Dodd-Frank Act. Yet major disagreements between companies, governments and anti-corruption activists emerged at the EITI’s biennial conference in Paris on 2-3 March, its biggest ever. Large oil companies, led by Royal Dutch Shell, argue that any extension of the compulsory accountability provisions of the Dodd-Frank Wall Street Reform and Consumer Protection Act would undermine voluntary agreements such as EITI (AC Vol 51 No 19).

European and African officials backed moves at the Paris conference to toughen laws on company payment disclosures, despite strong opposition from oil and mining companies, includi...


Lining up for Jubilee

Asia's big oil companies, backed by their governments, are outbidding their Western rivals

President John Evans Atta Mills, his government and the Ghana National Petroleum Corporation are entertaining offers for cooperation and a stake in the Jubilee oil field from all...


The biggest reform of all

President Umaru Musa Yar’Adua’s government is trying to win support for its new oil law by offering Delta communities a stake in the business

The Petroleum Industry Bill (PIB), which President Umaru Musa Yar’Adua’s supporters are trying to steer through the National Assembly, is meeting massive opposition from the major ...


Displaying 11-20 out of 38 results.