Kampala, Uganda | THE INDEPENDENT | The debate on Uganda’s Oil industry by the European Union Parliament and a subsequent resolution condemning the crude pipeline continues to draw mixed reaction across the country. An online petition to counter the EU legislator’s resolution garnered the intended 7000 signatures in three days …
Read More »Swedish agency warns of major risks with winter’s electricity shortage
Stockholm, Sweden | Xinhua | Patients on life-sustaining medical equipment may be in danger this winter as there is a possibility of power cuts in Sweden due to the energy crunch, according to a government agency on Sunday. “There is always a risk for people who need life-sustaining machines or …
Read More »ENI CEO: Italy can get through winter without Russian gas
Rome, Italy | XINHUA | The head of Eni, Italy’s largest oil and gas company said he thought his country would be able to make it through the upcoming winter without major problems despite Russia’s decision to cut off gas supplies, Italian media reported on Thursday. Based on increased gas …
Read More »South Sudan pushes for lifting sanctions on oil, gas sector
Juba, South Sudan | Xinhua | South Sudan’s oil and gas sector is being crippled by years of sanctions imposed by the Security Council following the outbreak of armed conflict in the country in 2013, experts said on Tuesday. Puot Kang Chol, Minister of Petroleum, said that the sanctions are curtailing …
Read More »Europe faces bitter winter without Russian gas
Munich, Germany | Xinhua | Europe is heading toward a bitter winter as a new disruption of natural gas from Russia aggravates its energy crunch and cost of living crisis. Russia’s largest gas producer Gazprom announced Friday it had stopped gas supplies via the Nord Stream I pipeline for an …
Read More »ON THE WAY: Oil rigs for Kingfisher oilfield
Beijing, China | THE INDEPENDENT | Key parts of a modern drilling rig customized by CNOOC International for Uganda’s Kingfisher oilfield, has left the port of Yantai in China for East Africa. The most advanced Chinese oil drilling equipment in the world was shipped to Uganda after a brief ceremony last …
Read More »Filling natural gas supply gap
Senegal and Mauritania have laid the groundwork to be front-runners in the mix to replace Russia to EU | NJ AYUK | Mauritania and Senegal have laid the groundwork necessary for BP, Kosmos, and their contractors to establish an offshore production complex, with development wells connected to a floating production …
Read More »Govt to give out gas cylinders to 1 million households
Busabala, Uganda | THE INDEPENDENT | The Government has launched the distribution of Liquified Petroleum Gas – LPG cylinders targeting one million households in a bid to promote safe and clean cooking. Launched Tuesday by Ruth Nankabirwa, the Ministry of Energy and Mineral Development in Bugo Zone, Busabala in Wakiso …
Read More »Russia to temporarily suspend gas supply via Turkish Stream pipeline
Moscow, Russia | Xinhua | Russian gas giant Gazprom announced Saturday that it will stop gas delivery via both strings of the Turkish Stream pipeline from June 21 to June 28 due to scheduled annual maintenance. The suspension was agreed in advance by all interested parties, Gazprom said in a …
Read More »Will Ugandan insurers benefit from oil, gas led growth?
Hoima, Uganda | THE INDEPENDENT | Insurance is a vital aspect of society and investors in Uganda’s Oil and gas sector will require some form of insurance against unforeseen risks. As the oil and gas sector shifts into the development stage, some are predicting that the insurance sector will emerge …
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