Transparency and accountability in the petroleum industry Balancing the right to access information and creating a favourable environment for investment

Abstract
The discovery of oil in Kenya is a great blessing to the people of Kenya. However, if not managed well, it could be a dreaded curse. The country lacks the relevant expertise for oil exploration and therefore has to rely on multinational companies through foreign direct investments. The main objective of this dissertation is to analyse how to balance how between the right to access information to ensure transparency and accountability and create a favourable environment for investment in the petroleum industry. The research will look at the importance of access to information in ensuring transparency and accountability. The study will also analyse the current legal framework governing transparency and accountability in the petroleum industry. The research method used is an exploratory design which will analyse both primary and secondary sources of literature. The study will also carry out a case study on Norway and Nigeria. The study will be important in revealing that transparency and accountability is very important in the petroleum industry. The study will analyse the research material to show the importance of transparency and accountability in the petroleum industry. It will also analyse the importance of access to information in ensuring transparency and accountability. The study will also show that limiting the right to access information to create a favourable environment for investment is a legitimate limitation. The study will then go on and use the findings to recommend reforms in the legal policy and institutional framework to ensure that there is transparency and accountability in the petroleum industry and that the government attracts investment at the same time
Description
Submitted in partial fulfillment of the requirements of the Bachelor of Laws Degree, Strathmore University Law School
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