Seoul, South Korea | AFP | North Korea said Thursday its commitment to denuclearisation of the Korean peninsula was bound up with a “complete removal of US nuclear threats”. Following a rapid diplomatic rapprochement this year, the North’s leader Kim Jong Un and President Donald Trump signed a vaguely-worded statement …
Read More »Tullow selling shares to Total, CNOOC again
Kampala, Uganda | THE INDEPENDENT | Tullow Oil is in the final stages of farming down its stakes in the Lake Albert Graben to its joint venture partners Total and China National Offshore Oil Company (CNOOC). Tullow, Total and CNOOC hold equal stakes of 33.3 percent in the Lake Albert Basin …
Read More »Putin says wants to push Russia into top five economies
Moscow, Russia | AFP | Russian President Vladimir Putin said Thursday that he wants to see his country’s economy in the world’s top five. “The main thing is that we need to get into a new league economically,” Putin told his annual press conference, adding: “We could very well take …
Read More »Gov’t revises Oil volumes to six billion barrels
Kampala, Uganda | THE INDEPENDENT | The amount of crude oil so far discovered is six billion barrels, down from 6.5 billion barrels, the Uganda government has announced. Of the six billion barrels, the amount recoverable has also been put at 1.4 billion barrels, down from the initial range of between …
Read More »Uganda ‘First Oil’ date moves to 2022 – Minister Muloni
Kampala, Uganda | THE INDEPENDENT | There is a new date for Uganda’s ‘First Oil’, which has now moved to 2022 from 2020, according to Energy Minister Irene Muloni. Addressing journalists in Kampala, Muloni said the delay is because the joint venture partners Total, China National Offshore Oil Company (CNOOC) and …
Read More »Trump stuns allies by ordering US troops home from Syria
Washington, United States | AFP | US allies were stunned Thursday after President Donald Trump declared victory over the Islamic State group in Syria and abruptly ordered the withdrawal of US ground troops from the country. The decision runs counter to long-established US policy for Syria and the region. It …
Read More »France fines Uber 400,000 euros over huge data breach
Paris, France | AFP | France’s data protection agency said Thursday that it had fined the US ride-hailing group Uber 400,000 euros ($460,000) over a 2016 data breach that exposed the personal data of some 57 million clients and drivers worldwide. Uber drew the wrath of users and regulators after …
Read More »Lovren says Liverpool can match Arsenal’s ‘Invincibles’
London, United Kingdom | AFP | Liverpool defender Dejan Lovren says the Premier League leaders can go through the whole season unbeaten, matching the achievement of Arsenal’s ‘Invincibles’ in 2003/04. Jurgen Klopp’s side are one point clear of defending champions Manchester City after 14 wins and three draws from 17 …
Read More »MPs inspect UWEP-funded projects
Kampala, Uganda | THE INDEPENDENT | Officials from the Uganda Women Entrepreneurship Programme (UWEP) and women parliamentarians under their umbrella body, the Uganda Women Parliamentarians Association (UWOPA) have embarked on a joint monitoring exercise of UWEP-funded projects in the Western region. The exercise covering the districts of Kanungu, Rukungiri, Ntungamo, Mbarara …
Read More »US approves $3.5 billion Patriot missile sale to Turkey
Washington, United States | AFP | The United States said Wednesday it approved the sale of $3.5 billion in missiles to Turkey, offering an ultimatum after US outrage over the NATO ally’s plans to buy from Russia. The announcement came as President Donald Trump said that US forces would withdraw …
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