Oil in Uganda: Resource Curse Or Capital Markets Impetus?
Posted on December 11, 2009 at 16:05 PM EST
My November Business Diary Botswana submission: Italian energy giant Eni S.p.A, which also owns interests in the Republic of Congo, Nigeria and Ghana, announced in late November its acquisition of stakes in six Ugandan oil fields (a 50% interest in Blocks 1 and 3A in the Albert Basin) from Canadian-based Heritage Oil PLC for $1.5 billion–a [...]
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