Uganda is planning to build only the second oil refinery in East Africa by 2015.
Following the recent discovery of 2.5 billion barrels of oil, Uganda aims to develop a refinery in Hoima, according to Fred Kabagame Kaliisa, permanent secretary at the energy ministry. Read more
Greenland, mining costs, disintegrating oil companies
In this week’s podcast: Greenland – is oil exploration the key to economic independence? High oil and gas prices push up costs for global mining; and, we ask whether integrated oil companies have a future or will others follow ConocoPhillips, and split in two? Read more