Baghdad, Iraq | AFP | Iraq is establishing a financial “loophole” to continue buying vital gas and electricity from Iran despite US sanctions, AFP has learned, mirroring a European mechanism that came into effect Friday. The “special purpose vehicle” (SPV) would allow Iraq to pay for imported Iranian energy in …
Read More »Bunyoro kingdom calls for protection of cultural sites in Albertine graben
Kampala, Uganda | THE INDEPENDENT | The Bunyoro Kitara Kingdom is demanding the preservation and protection of all cultural Heritage sites in areas where oil and gas activities are taking place. Bunyoro Culture Minister Hajji Bruhani Kyokuhaire said that a number of sites are threatened, yet there is no deliberate …
Read More »Time to benefit from oil & gas is now
Investors will go through most of the over US$15 billion capital expenditure during this development stage | EMMA NAHAYO MUGIZI | At a recent meeting, Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda (PAU) described the progress of our organisation and the oil and gas sector in …
Read More »Petroleum authority unveils oil and gas talents register
Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the nascent oil and gas sector can now apply online to the National Oil and gas Talents Register unveiled by Petroleum Authority of Uganda(PAU), Executive Director, Earnest Rubondo on Friday. The register according to Dr Rubondo is aimed at registering all …
Read More »Mozambique lawyers sue US gas giant over land deal
Maputo, Mozambique | AFP | Lawyers in Mozambique are suing US fossil fuel giant Anadarko to block its planned $20 billion gas project, arguing the land was illegally taken from locals, according to a statement published Friday. Anadarko is one of the global companies investing billions of dollars to exploit …
Read More »All eyes on Uganda at Africa Oil Week in Cape Town
➡ 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 …
Read More »Optimism as govt, investors sign refinery deal
Agreement seen as a key step towards the construction of $4bn facility Kampala, Uganda | RONALD MUSOKE | On April 10, Uganda moved closer to building a $4bn oil refinery in Hoima following the signing of an agreement between the government and a consortium of companies led by U.S giant, General …
Read More »Slow oil and gas development hurts logistics industry
Kampala, Uganda | ISAAC KHISA | Joram Nyanzi is the managing director of Kenlloyd Logistics Uganda Ltd. He spoke to Isaac Khisa about the performance and prospects of the region’s logistics industry. What is your management style as the managing director? I am a strong believer in human resource in an …
Read More »PNG quake leaves 67 dead as aftershocks rock homes: Red Cross
Sydney, Australia | AFP | At least 67 people were killed by an earthquake that devastated Papua New Guinea’s remote highlands last week, the Red Cross said Monday, with thousands more homeless and without food and clean water. The recovery effort has been slow as aid workers grapple with blocked …
Read More »Nigeria looks to local skills to develop oil and gas
Lagos, Nigeria | AFP | Fishing boats look like specks alongside Egina, which has been moored for the last month in Lagos. Even the container ships that normally dominate the port look like small boats. The floating production storage and offloading facility (FPSO), developed by the French group Total, looks …
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