The significance of Technical Collaboration Between Makerere University, Oil Companies, the Government and other Universities

Author(s):  
M. Balyesiima
1978 ◽  
Vol 17 (1) ◽  
pp. 1-37 ◽  

The following arbitral award was rendered by a sole arbitrator in connection with disputes reen the Libyan Arab Republic ("Libya") and two international oil companies arising out of rees of nationalization promulgated by Libya. This award is being reproduced herewith in entirety . The award not only considers many fundamental principles and doctrines of international law but is also unique in two major respects . For the first time in the history of international arbitration relating to economic development contracts , an arbitral tribunal held ; the injured parties were entitled to restitutio in integrum and that the sovereign s t a te obliged to perform specifically its contractual obligations with private foreign investors, iddition, the arbitral tribunal , after reviewing the legal effect in international law of the :ed Nations General Assembly resolutions concerning permanent sovereignty over natural wealth resources, concluded that such resolutions could not be used by the state to violate its :ractual obligations in commercial transactions . The remaining portion of this Introductory : will briefly describe the steps leading to arbitration , the arbitral proceedings and the ilution of the disputes.


2015 ◽  
Vol 5 (1) ◽  
pp. 40 ◽  
Author(s):  
Terrell George Manyak

Many critical governance issues were created with the discovery of major oil deposits in Uganda.  Because developing countries like Uganda lack strong institutional foundations, it is widely assumed that riches flowing from oil will result in huge sums of money being diverted to politicians while the country ends up worse off in the long run. Uganda certainly faces this “natural resource curse,” but the potential for corruption is only one of many governance issues arising from the potential of oil riches. The government needs to work effectively with foreign oil companies and neighboring countries to recover and transport the oil. It must also establish institutions and procedures to manage its new oil economy.  Moreover, questions must be answered regarding ownership the oil producing lands and how the fragile environment of the country can be protected.  


1977 ◽  
Vol 20 (3) ◽  
pp. 647-672 ◽  
Author(s):  
G. Gareth Jones

The overwhelming majority of studies of the relationship between the British government and private industry in the nineteenth and twentieth centuries are, in reality, merely studies of the government's policy towards industry. The attitude of private industry towards the government has been almost entirely neglected, and this has inevitably led to a distorted understanding of the relationship as a whole. It is, for example, hardly ever made explicit in the extensive literature on the growth of state intervention in the British economy that in the decades before 1914 the assault on laissez-faire was pardy led by private industry itself. This development was most noticeable overseas, where the British government became involved in commerce and trade largely in response to requests for diplomatic support from British firms faced with growing competition from continental and American commercial interests, often supported by their respective governments.


Significance Despite such controversies, the government is pinning hopes for economic recovery on restoring hydrocarbons production alongside longstanding plans to reduce the country’s dependence on oil. While large international oil companies are retreating to the relative safety of the deep offshore, the government will look to new partnerships with China and India for large infrastructure projects. Impacts Employment gains in the oil sector will be marginal compared to increases in the agricultural sector. Recent state interventions against oil majors are unlikely to deter future investment. Counter-insurgency operations against Boko Haram could distract from government peace efforts in the Niger Delta.


2008 ◽  
Vol 22 (4) ◽  
pp. 387-396
Author(s):  
Minas Khatchadourian

This article deals with the concession contracts for the exploration and the production of oil and gas in Egypt. Such tripartite contracts are concluded between the Government of Egypt (GOE) as the host country, a National Oil Company (NOC) as the concession holder and an international oil company (IOC) as the foreign contractor who receives a part of the oil or gas production on a production sharing agreement (PSA). From an Egyptian legal perspective, this contract is qualified as a State contract which is supposed to give the Government some exorbitant powers towards its counterparts. However, in order to attract foreign investors into this kind of agreement and encourage international oil companies to explore natural resources, several legal safeguards are incorporated in the concession agreement. Examples of this include placing the contract in the framework of a legislative act, granting the contract a supremacy on any contrary legislation, stabilization clause, adaptation of the contract through renegotiation, arbitration clause, etc.


2020 ◽  
Vol 16 (29) ◽  
Author(s):  
Tombari Bodo ◽  
Batombari Gbidum Gimah ◽  
Kemetonye Joy Seomoni

Illegal oil bunkering is a regular activity in the Niger Delta region in Nigeria. Despite the huge financial cost on the part of the government and the multinational oil companies, the perpetrators of this business continue to expand their operations in the creeks. Illegal oil bunkering is now a booming business in the Niger Delta. It is believed to involve the different local militant groups in creeks, commodity traders, military personnel, international businessmen, and some indigenous oil servicing companies. The successes of illegal oil bunkering in Nigeria have been ascribed to both local and national interest as a result of the profits from this illegal oil business. This study critically examines the key actors of illegal oil bunkering; the root causes and consequences of illegal oil bunkering, and the solutions to the identified challenges.


Subject The outlook for the oil sector. Significance While Ecuador is the smallest member of OPEC, oil is its largest export and the government's primary source of revenue. The collapse of world oil prices has forced the government to introduce import controls to support the balance of payments and cut public spending to reduce the budget deficit. However, rising levels of oil production have softened the blow of falling oil prices. The government hopes to continue this trend by attracting new investment into the oil sector, despite the downturn in the world market. Impacts The perilous state of the balance of payments and public finances will increase the need to attract new foreign investment into oil. Chinese oil companies are likely to increase their presence in Ecuador, reflecting trends elsewhere in Latin America. Development of the oil fields previously integrated into Yasuni/ITT should increase total oil output significantly from 2018-19.


Subject Chad's political and economic outlook. Significance President Idris Deby came to power in a 1990 military takeover and has now ruled the country for 27 years. In an election in April, Deby won a new five-year term as president. However, there is considerable resentment among opposition politicians and the public about his lengthening rule. In October, the government introduced new austerity measures, citing the need to reduce the budget deficit. This has provoked new strikes and protests. Impacts The government will maintain its combative approach to foreign oil companies. Low-level insecurity will persist in the Lake Chad border region. Chad will remain near the bottom of international development indices in 2017.


2018 ◽  
Vol 73 ◽  
pp. 02005
Author(s):  
Jane Marlyn Alputila ◽  
Rullof F. Y. Waas ◽  
Erni Dwita Silambi ◽  
Yuldiana Zesa Azis ◽  
Mulyadi Alrianto Tajuddin

Merauke City is one of the cities in Papua which has 4.6 million hectares consisting of 3.1 million hectare for forest coverage and the rest is 1.5 non-forest coverage. Around 66% forest coverage consists of primary forest, high-density secondary forest, low-density secondary forest, primary swamp forest, secondary swamp forest, eucalyptus/acacia forest, primary mangrove forest, and secondary mangrove forests. Merauke City is one of the place which has a great potential to maintain and sustain ecological system with its vast territory and its evergreen forest which people keep its sustainability. However, the government and some companies expanding their business take a toll for the balance of the nature, since some of the forest areas are cut down and the industrial waste affects the ecosystem. Some territories in Merauke become heavily polluted from the wastes. One of the pollution cases is from six palm oil companies which has polluted some forests in Merauke, Papua. The companies responsible for the decreasing environmental condition are operating in Malind Bian such as PT Dongin Prabhawa ( Korindo Group), PT Bio Inti Agrindo (Korindo group), PT Central Cipta Murdaya (CCM), PT Agriprima Cipta Persada, PT Hardaya Sawit Papua and PT Berkat Cipta Abadi. The method is of this study is normative legal approach. The result of this study reveals that the government are advised to include the society and the locals to make a decision and to find a good solution for the environment which has been sustaining their life. This may resolve the problem between the palm oil company, the government, and the society to uphold a new law. The government should be strict to set rules in order to be beneficial not only for the companies, but also for the society, the government, and the environment in Merauke City. When the law has been issued, the companies indicated to be violating certain set of rules regarding environmental pollution and contamination, can be evaluated and revoked of their warrant to do business in Merauke. This will be a good solution to make sure the sustainability of the environment, forests, and the society depending on it.


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