Kampala, Uganda | THE INDEPENDENT | The delay by international Oil Companies to make a final Investment Decision (FID) has thwarted government’s ambitions for first oil by 2020. Energy and Mineral Development Minister, Irene Muloni admits it may not be possible for to have oil out of the ground by end …
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Dubai, United Arab Emirates | AFP | Major oil producers meet in Abu Dhabi on Sunday to consider reverting to output cuts after a sharp slide in crude prices revived fears of a 2014-style crash. Oil prices shed a fifth of their value in just one month after surging to …
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Kampala, Uganda | THE INDEPENDENT | The Ugandan government has been applauded for the pace at which it is undertaking projects in the Oil and Gas Sector. The Nod came during a tour of key projects in the Albertine Graben by a team of Ambassadors from the European Union currently in …
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➡ Africa Oil Week #AOW18 Nov 5-9 ➡ ??Uganda one of 70 countries ➡150 world-class speakers ➡16 Government Ministers ➡1,300+ delegates Kampala, Uganda | THE INDEPENDENT | Uganda’s private and public-sector leaders in the oil and gas sector will this week showcase the country’s national development strategies and give an overview of their …
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Washington, United States | AFP | All of Iran’s oil exports and financial transactions will be targeted under US sanctions that take force Monday, six months after President Donald Trump bolted from a nuclear deal. The sanctions bring back the punitive measures that were imposed and then lifted by former …
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Harare, Zimbabwe | AFP | Zimbabwe’s President Emmerson Mnangagwa said Thursday that an Australian firm would explore for oil and gas in the nation after a study indicated deposits. Invictus Energy has in recent months reworked survey data generated in the early 1990s by US oil giant ExxonMobil, previously known …
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Museveni fight with oil firms threatens major project Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni’s dream of Uganda getting first oil by 2020 has been hit by a double blow from two international oil companies; Total E&P Uganda and Tullow Oil Uganda. Museveni is battling the two companies on …
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Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. Features, news analysis. COVER STORY Bad oil deal: Museveni fight with oil firms threatens major project THE LAST WORD Africa’s highway to a dead-end: Why our obsession with foreign direct investment as a driver of our …
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Tehran, Iran | AFP | Iran on Saturday accused US President Donald Trump of destabilising the oil market with his flurry of tweets taking aim at the OPEC cartel. “These days… the price is dependent on the behaviour of Mr. Trump,” Iranian Oil Minister Bijan Namdar Zanganeh said on state television. …
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Khartoum, Sudan | AFP | Sudanese President Omar al-Bashir on Monday appointed new oil and foreign ministers in a major cabinet reshuffle that saw four other ministers changed amid a worsening economic crisis, state media reported. The reshuffle comes weeks after Bashir sacked his previous foreign minister Ibrahim Ghandour following …
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