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Tag Archives: oil

Museveni challenges Banyoro on PDM

Masindi, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni has challenged the people of Bunyoro sub-region to use the Parish development model-PDM funds wisely in order to transform their livelihoods. According to Museveni, if used properly, the PDM cash will cause a tremendous change in the livelihoods of poor Ugandans …

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IN THE INDEPENDENT: European bias against EACOP

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY European bias against EACOP: Don’t dismiss it. Disprove it THE LAST WORD Inside Museveni’s private favours: How the president’s approach of allocating favours to individual firms has undermined the development of a robust …

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South Sudan pushes for lifting sanctions on oil, gas sector

Juba, South Sudan | Xinhua | South Sudan’s oil and gas sector is being crippled by years of sanctions imposed by the Security Council following the outbreak of armed conflict in the country in 2013, experts said on Tuesday. Puot Kang Chol, Minister of Petroleum, said that the sanctions are curtailing …

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OPEC to slightly raise oil output in September

Vienna, Austria | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Wednesday announced a slight production boost in September despite calls for speedier increases to rein in high crude prices. The oil alliance decided to increase production by 100,000 barrels …

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