Tag Archives: oil

Vienna, Austria | AFP | OPEC members and 10 other oil producing nations, including Russia, agreed Friday to cut output by 1.2 million barrels a day in a bid to reverse falls in prices in recent months. Energy ministers reached the deal — which takes effect from January 1 but …

New York, United States | AFP | Hong Kong’s former home affairs secretary Patrick Ho Chi Ping was convicted by a New York court Wednesday over a multimillion dollar bribery scheme in Africa on behalf of a top Chinese energy company. Ho, 69, was convicted by a jury of seven …

Abuja, Nigeria | AFP |  Nigeria’s main anti-corruption agency on Monday filed for the arrest of former oil minister Diezani Alison-Madueke after a judge approved a request for her to be charged with corruption. The Economic and Financial Crimes Commission (EFCC) said in a statement the application for warrant of …

Buenos Aires, Argentina | AFP | Turkish President Recep Tayyip Erdogan demanded Saturday that Saudi Arabia extradite suspects in the killing in Istanbul of journalist Jamal Khashoggi, taking to task the kingdom’s crown prince who was basking in his quick return to the world stage at the G20. Crown Prince Mohammed …

Kampala, Uganda | THE INDEPENDENT |  The Civil Society Coalition for Oil has reported an invasion of speculators rushing to acquire properties in areas of Gomba in a scheme to reap from the East African Crude Oil Pipeline project. Gomba is among the ten districts where the proposed 1,445 kilometres …

JOB TITLE:  Internal Auditor | Uganda National Oil Company REPORTS TO: Head of Internal Audit (HIA) JOB PURPOSE: Assist in the development of the annual audit plan, schedule and execute audit engagements and other tasks and complete special projects as may be assigned. Application procedure: Completed and signed Application Forms …

Riyadh, Saudi Arabia | AFP | Saudi energy giant Aramco has signed 31 agreements and memoranda of understandings worth $27.5 billion with local and international suppliers, CEO Amin Nasser said Monday. “We signed $27.5 billion (24 billion euros) in a total of 31 commercial collaborations,” Nasser said in a statement …

  Caxito, Angola | AFP |  Boxes of still-green bananas were shifted one-by-one from a towering stack of crates into a refrigerated shipping container. Stamped “From Angola, with love”, the fruit is shipped to consumers 6,000 kilometres (3,700 miles) away and are part of Luanda’s drive to diversify its economy …

Artificial Intelligence, Oil, tourism and agriculture discussed at Uganda’s ACCA 2018 convention Kampala, Uganda | JULIUS BUSINGE | Uganda’s Association of Chartered Certified Accountants (ACCA) will aim to raise members professionalism as they focus on providing guidance in the the oil sector. Andrew Ssekamwa, the vice chairperson – ACCA Members …

Juba, South Sudan | AFP |  South Africa and South Sudan signed an outline agreement on Friday that could see Pretoria invest around $1 billion (880 million euros) in South Sudan’s struggling oil industry. The agreement, which will be subject to detailed negotiations between the countries, was made between two …