fbpx

fossil fuels

Rwanda goes slow on Lake Kivu oil exploration

By Heather Bourbeau / November 1, 2018 / Comments Off on Rwanda goes slow on Lake Kivu oil exploration

Rwanda has halted bids from international oil companies aiming to explore Lake Kivu in the East Africa Rift Basin. The government of Rwanda is doing its own geological survey to assess the financial risks of any exploration. The survey involves digging shallow wells 10 meters deep for samples to see if there is any indication […]

> Read More

Oil giants wait on graft trial

By Heather Bourbeau / September 21, 2018 / Comments Off on Oil giants wait on graft trial

Two men have been sentenced to four years for corruption over a Nigerian oil field deal, in a ruling that has implications for a parallel case against two major oil corporations. Emeka Obi, a Nigerian, and Gianluca Di Nardo, an Italian, were convicted in Italy of international corruption for their involvement in a controversial $1.3 […]

> Read More