Tag Archives: refinery

Uganda, UAE Firm Sign Refinery Implementation Agreement Entebbe, Uganda | THE INDEPENDENT & AGENCIES | Uganda has signed a deal that paves the way for the implementation of its first crude oil refinery project. UAE-based Alpha MBM Investments will have a 60% stake in the oil refinery to be built …

However, progress on the $4.5 billion refinery remains limited Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil sector is advancing significantly with 72 out of 457 wells drilled at the Tilenga and Kingfisher oil projects as TotalEnergies and CNOOC Uganda Limited push towards commercial production slated for 2025. Energy and Mineral …

Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on. State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and after the construction of the refinery. The government of Uganda plans to …

The oil firm borrowed $5.5 billion and has since paid interest and some principal of over $2.4 billion ANALYSIS | ISAAC KHISA & AGENCIES | Global and local oil mafias, alongside international banking interests, attempted to thwart the establishment of a major oil refinery in Nigeria, according to Nigerian industrialists, Aliko …

Kampala, Uganda | THE INDEPENDENT | Uganda turned down an offer by the Islamic Republic of Iran to build a mini refinery that should have refined oil from the Albertine region. It is emerging that the geopolitics around oil and gas played against the Iranian offer as the government of Uganda …

Kampala, Uganda | THE INDEPENDENT | Plans to construct a 4-billion-dollar crude oil refinery have hit yet another snag with the expiry of the Project Framework Agreement between the government and an American-led Consortium. The Project Framework Agreement officially ended on 30th June without the conclusion of other agreements Albertine Graben …

Although it is a large crude oil producer, country has faced challenges supplying its citizens with refined oil products Lagos, Nigeria | AGENCIES | The world’s largest single train refinery was on May 22 commissioned in Nigeria. The $20 billion giant refinery was built by the Dangote Group which is owned …

Africa’s largest oil refinery goes live in Nigeria as the continent’s largest oil producer seeks to cut fuel importation costs. The refinery promises to turn Nigeria from a net importer to a net exporter of refined oil. SPECIAL FEATURE | BIRD AGENCY | In a ceremony attended by heads of …

Algiers, Algeria | THE INDEPENDENT & URN | Algeria’s leader Abdelmadjid Tebboune has held talks with Uganda’s President Yoweri Museveni, who is on a three day visit to the north African country. The talks are said to have covered several areas of mutual interest, as Algeria reportedly plans to spend $1 …

Kampala, Uganda |  THE INDEPENDENT | The Final Investment Decision for Uganda’s Oil and Gas refinery project is set for June, this is according to the Ministry of Energy and Mineral Development. The refinery was one of the three projects mooted more than a decade ago, but little has been said …