Save Virunga: Is Virunga Saved?

“Virunga National Park’s conservationists and activists are celebrating a victory today after British oil company SOCO International plc (SOCO) agreed to end its controversial operations in the Democratic Republic of Congo (DRC). But the devil is in the details and many believe the war against drilling for oil in Africa’s oldest national park has just… Read More

Real Wildcatters go to Ethiopia to Hunt for Oil: Rings a Bell in Virunga?

Real wildcatters go to Ethiopia to hunt for oil Oct. 25, 2013 at 12:28 PM | 0 comments ADDIS ABABA, Ethiopia, Oct. 25 (UPI) — Amid East Africa’s oil and gas boom, the more adventurous oilmen are starting to gravitate toward the vast Ogaden desert region of Ethiopia, where drilling activity has been sparse since… Read More

Oil Companies, Spot the Difference: Who is Willing to take Unacceptable Shortcuts in Virunga?

Spot the Difference:  Who is Willing to take Unacceptable Shortcuts in Virunga? Extract from Bannon, Ian and Paul Collier book on Natural Resources and Violent Conflict: Options and Actions, “Chapter 8 –  Attracting Reputable Companies to Risky Environments: Petroleum and Mining Companies” . By John Bray Historically, junior companies have been more willing than major… Read More

Small Oil Enterprise ‘Wildcatters’, big trouble in Virunga?

Africa is emerging as a big oil and natural gas reserve. As a result lots of new companies have been making their entrance in the Great Lakes region. As some investments analyst says: ”nothing goes up faster than when you announce a major [oil] find in some geopolitical backwater”[1]. That is precisely what happened with… Read More