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Tag Archives: oil

Museveni, Magufuli lay foundation stone for oil pipeline

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 …

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Nigerian military ordered to boost response to Boko Haram

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 …

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Boko Haram ambush death toll hits 69

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 …

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Shell shuts down key supply pipeline in Nigeria

Lagos, Nigeria | AFP | Anglo-Dutch energy giant Shell said Tuesday it has shut down a key crude supply pipeline in Nigeria’s restive south because of a leak. Shell subsidiary the Shell Petroleum Development Corporation of Nigeria Ltd (SPDC) said the Trans Niger Pipeline (TNP) was shut on July 21 …

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Nigeria’s ex-oil minister battles slew of graft cases

Lagos, Nigeria | AFP | Nigeria’s former oil minister faces charges only at home but her name crops up in a growing number of international cases that lift the lid on the scale of alleged corruption in the country’s oil sector. Since leaving office in 2015, Diezani Alison-Madueke has been implicated …

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Libya’s NOC sees 1.25 mln bpd oil output by year-end

Benghazi, Libya | AFP | The head of Libya’s National Oil Company announced on Wednesday that oil production is expected to reach 1.25 million barrels per day by the end of 21017. NOC president Mustafa Sanalla said, however, that “despite a surge of more than one million bpd” oil production would …

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Total to sign Iran gas deal, biggest since sanctions lifted

Tehran, Iran | AFP | French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore gas field on Monday, the oil ministry said, in the biggest foreign deal since sanctions were eased last year. “The international agreement for the development of phase 11 of South …

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THIS WEEK: Skepticism over oil bonus probe report

THIS WEEK: Skepticism over oil bonus probe report A number of people have expressed skepticism over the recommendations of the parliamentary oil bonus report in as far as reining in 42 government officials who received a cash bonus totaling Shs6bn for their role in defending Uganda against two British oil …

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