oil rights

Government Urged To Operationalise Petroleum Act

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The Africa Centre for Energy Policy (ACEP) is urging government implementing the provisions in the Petroleum (Exploration and Production) Act, 2016 Act 919, with emphasis on the award of oil contracts. Implementing the provisions, ACEP believes, will help build transparency in the sector and will ultimately foster investor confidence. A Policy Analyst at ACEP, Ms … Read more

Obama Bans Arctic Drilling

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Looking to cement his environmental record, President Barack Obama took new action Tuesday barring offshore drilling in areas of the Arctic and Atlantic oceans indefinitely. Obama relied on a 63-year-old law to make his moves, which will prevent future leasing of certain offshore areas for oil rights. His successor, Donald Trump, who has promised a … Read more