Tag Archives: oil

Equatorial Guinea gives President Museveni highest honour Malabo, Equatorial Guinea | PPU | SATURDAY | The people of Equatorial Guinea have presented the highest honour of their country, the Great Collar of Independence Award, to Uganda President Yoweri Museveni who is on a 4-day state visit to the Central African nation …

Kampala, Uganda | JULIUS BUSINGE | Stanbic Bank Uganda in collaboration with the Industrial and Commercial Bank of China Limited (ICBC) have hinted that Uganda’s economy is set to reap big from oil and gas activities. Speaking at an economic forum organised by the two banks for the Chinese business …

  Luanda, Angola | AFRICAN ARGUMENTS |  After 38 years in power, Angola’s José Eduardo dos Santos finally looks set to step down from office. The president has stated his intention to relinquish power before, but as the 23 August elections approach, everything is pointing in the direction of his imminent departure following the polls. …

Museveni’s refinery deal: Now gov’t says in negotiations with GE-led consortium as Chinese protest Kampala, Uganda | HAGGAI MATSIKO | A fight between Chinese and American investors over the US $ 4 billion refinery deal could further delay the project, observers fear. These fears have been sparked by reports that …

Paris, France | AFP | OPEC pumped more oil in July as global oil supplies rose for the third straight month, the IEA said Friday, giving figures that cast further doubt on the cartel’s pledge to cut output to raise prices. In its monthly report on the global oil market, the …

VIDEO: Gov’t builds permanent homes for scores relocated for oil Refinery Kampala, Uganda | NTV UGANDA | Government has handed over 46 modern housing units to some residents of Kabaale parish, Buseruka sub-county in Hoima district where the oil refinery will be constructed. The beneficiaries were part of the 7,000 people …

JOBS: 34 positions to be filled at Petroleum Authority of Uganda Kampala, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda (PAU) is a statutory body established under Section 9 of the Petroleum (Exploration, Development and Production) Act 2013, and in line with the National Oil and Gas Policy for Uganda which …

Presidents Museveni, Magufuli lay foundation stone for crude oil pipeline construction Tanga, Tanzania | PPU | President Yoweri Museveni and his Tanzania counterpart Joseph Pombe Magufuli have commissioned the construction of the 1,445km-long East African crude oil pipe line from Hoima district in Uganda to the Tanzanian port of Tanga. The …

Abuja, Nigeria | AFP | Nigeria’s military has been ordered to strengthen its response to Boko Haram after 69 people were killed in an ambush earlier this week, the government said on Sunday. Vice-President Yemi Osinbajo held emergency talks with top brass to discuss Tuesday’s attack, which targeted an oil exploration …

Kano, Nigeria | AFP | At least 69 people died in a Boko Haram ambush of an oil exploration team in northeast Nigeria, as three men kidnapped by the jihadists made a video appeal. Experts said the attack — Boko Haram’s bloodiest this year — underscored the persistent threat it …