East Africa’s crude oil and natural gas exploration and production activities are forecast to be constrained this year, due to capital expenditure (capex) cuts by foreign companies.London-based analytics arm of Fitch Group, Business Monitor International (BMI) Research, in its latest report shows that foreign firms have cut capex due to a drop in oil prices

Centre for Natural Resources and Environmental Management, CNREM, has lodged a ‘formal complaint of impropriety against the contractor party for under-payment of royalties and corporate taxes due Ghana in the sum of $902.45 million in their six years of operations at the Jubilee Fields.’ The complaint filed under the Whistleblowers Act 2006, Act 720 at