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British Petroleum signs exploration agreement with Somalia

British Petroleum has entered an agreement with the Somali government to resume its oil and gas exploration activities, which were abruptly stopped in 1991 after the central government was toppled. Reports¬†indicate that the Somali government has been involved in negotiations Read more ›

Uganda Strikes Oil Deal with Tullow and Partners

The Ugandan government has reportedly completed negotiations with a British company Tullow Oil and its partners and will soon sign an accord that could result in the commencement of crude oil production. According to reports, an agreement between Tullow Oil, Read more ›