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Tag Archives: oil

Energy Minister Muloni reassures investors at Berlin dialogue

Uganda participates in the Berlin Energy Transition dialogue 2018 Berlin, Germany | THE INDEPENDENT | Energy and Mineral Development Minister Irene Muloni has called on potential investors from Germany to consider investing in Uganda’s well-regulated and highly liberalized economy. Muloni told investors that Uganda had now overcome the supply side and …

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Oil theft ‘costing Libya over $750 mn annually’

Tripoli, Libya | AFP | Fuel smuggling is costing Libya more than $750 million each year and harming its economy and society, the head of the National Oil Company in the conflict-riddled country said. “The impact of fuel smuggling is destroying the fabric of the country,” NOC president Mustafa Sanalla …

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Insurance companies to share oil sector risks, benefits

Kampala, Uganda | JULIUS BUSINGE | As Uganda makes steps towards getting first oil in 2020, insurance companies are working on mechanisms of partnering to share risks and benefits that will manifest. Speaking to journalists on the sidelines of a press conference on the upcoming oil and gas convention to be …

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Kampala set for 4th Oil and Gas convention

      Kampala, Uganda | JULIUS BUSINGE | Oil sector leaders are warming up to deliver new developments regarding oil and gas sector for Uganda next week. This will be at the 4th annual Oil and Gas Convention scheduled for April 25-26 at Kampala Serena Hotel, where hundreds of …

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Bus collision kills 15 oil workers in Kuwait

Kuwait City, Kuwait | AFP | Fifteen oil workers, most of them from the Indian subcontinent, were killed Sunday in a head-on collision between two buses in southern Kuwait, officials said. Seven of those killed were Indian nationals, five were Egyptians and the other three from Pakistan, said Mohammed al-Basri …

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