Paris, France | AFP Almost half of all natural World Heritage Sites, including the Great Barrier Reef and Machu Picchu, are threatened by industrial activities such as mining, oil exploration and illegal logging, conservation group WWF warned Wednesday. The 114 threatened sites, virtually half the total listed by UNESCO, provide …
Read More »Pay the tax money or get out
How angry Museveni letter got Tullow Oil bosses to act Kampala, Uganda | The Independent Team | It was an act of greed that “flabbergasted” even the President himself. Wildcat oil explorer Heritage got paid US$1.5 billion (Approx. Shs 3.5 trillion or half Uganda’s 2010/11 national budget) for its shares in …
Read More »Heritage suspends trading on LSE
By Agencies It appears that Heritage Oil Ltd. is the subject of a takeover once again. According to a recent release issued by the company it is in preliminary discussions with a third party regarding a possible merger which would be treated as a reverse takeover under the Listing Rules …
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