In N’Djamena, Chad’s capital, heavy gunfire was reported near the headquarters of an opposition party, according to a witness on Wednesday. This follows earlier clashes near the country’s internal security agency that resulted in several casualties. The violence occurs amidst escalating tensions ahead of a presidential election scheduled for May and June, potentially marking a […]
Uganda has joined the Extractive Industries Transparency Initiative (EITI) in order to subject its oil industry to scrutiny and promote accountable management of revenues. Uganda discovered crude reserves more than 10 years ago but production has been repeatedly delayed by disagreements with field operators over taxes and development strategy. According to Uganda’s Minister for Finance, […]
An Italian judge ordered Italian oil major Eni, oil services group Saipem and former Eni CEO Paolo Scaroni to stand trial in a long-running case of alleged bribery in Algeria “In relation to court proceeding for the alleged bribery case relating to Saipem’s activities in Algeria, Eni acknowledges that the new GUP (judge for the […]
