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Oil Exploration Policies, Production and Revenue Sharing and its Impact on Corporate Social Responsibility in the Albertine Grabenuganda

Journal: International Journal of Trend in Scientific Research and Development (Vol.6, No. 6)

Publication Date:

Authors : ;

Page : 1292-1301

Keywords : Oil Exploration Policies; Production and Revenue Sharing; Corporate Social Responsibility;

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Abstract

This study was carried out in order to ascertain how the policies on exploration, production and revenue sharing can be of significant value as far as corporate social responsibility social investments is concerned in the Albertine GrabenUganda.The study concentrated both on primary and secondary data. The primary survey was critical component of the study as it would yield crucial data on how the policies on exploration, production and revenue sharing can be of significant value as far as corporate social responsibility social investments is concerned in the Albertine GrabenUganda. Respondents , and officials from the ministry of lands zonal office, Officials from international oil companies, Local government officials, Political religious leaders, Local council members, Bunyoro kingdom officials and Community members. The study was conducted in four districts on Hoima, Buliisa Kikuube, and Kakumiro in the Albertine Graben region where a sample of 158 respondents was selected from these districts. Districts were selected using judgmental sampling and 158 respondents were selected using simple random and purposive sampling. Parameters on the basis of which research questions were formed to investigate the new laws related to extraction rights and social safeguards are affecting socioeconomic well being of communities in the Albertine Graben. Ivan Lwanyaga | Ricardo Saaverdra | Charles Edaku "Oil Exploration Policies, Production and Revenue Sharing and its Impact on Corporate Social Responsibility in the Albertine Grabenuganda" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-6 | Issue-6 , October 2022, URL: https://www.ijtsrd.com/papers/ijtsrd52051.pdf Paper URL: https://www.ijtsrd.com/other-scientific-research-area/other/52051/oil-exploration-policies-production-and-revenue-sharing-and-its-impact-on-corporate-social-responsibility-in-the-albertine-grabenuganda/ivan-lwanyaga

Last modified: 2022-11-12 14:46:33