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 …
Read More »JOBS: Internal Auditor Uganda National Oil Company
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 …
Read More »Saudi energy giant Aramco signs deals worth $27.5 bln
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 …
Read More »‘Green fuel’: Bananas to help wean Angola off oil
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 …
Read More »ACCA seeks to boost membership, focus on Ugandan oil sector
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 …
Read More »S.Africa plans $1bn investment in South Sudan oil industry
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 …
Read More »Trump thanks Saudi Arabia for lower oil prices
Washington, United States | AFP | US President Donald Trump on Wednesday ignored criticism that he gave Saudi Arabia a free pass on the murder of a dissident journalist, instead praising the Islamic kingdom for keeping oil prices low. Trump, on holiday at his Florida Mar-a-Lago Club, doubled down on …
Read More »Trump thanks Saudi Arabia for lower oil prices
Washington, United States | AFP | US President Donald Trump thanked Saudi Arabia Wednesday for lower oil prices — a day after pledging the US would remain a “steadfast partner” of the kingdom despite the murder of a dissident journalist. “Oil prices getting lower. Great! Like a big Tax Cut …
Read More »S.Sudan woos investors as peace deal revives oil industry
Juba, South Sudan | AFP | South Sudan said Wednesday that the country’s latest peace deal had helped revive its war-battered oil sector, with an increase of 20,000 barrels per day in the past two months. The country’s warring parties in September signed a new peace deal to end five …
Read More »Storm brews over Total oil project name
Kampala, Uganda | THE INDEPENDENT | A storm is brewing in over a name adopted for the Total’s oil northern Albertine Graben project located in Buliisa and Nwoya district. Total Exploration Uganda faces off with local opponents angered over the project name Tilenga. The name Tilenga is derived from two local …
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