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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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OPEC forecasts slower global oil demand growth in 2023

Vienna, Austria | Xinhua | World oil demand is projected to grow further next year, albeit at a slower pace than in 2022, according to a report published on Tuesday by the Organization of the Petroleum Exporting Countries (OPEC). OPEC said in its monthly report that it expects the global oil …

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Museveni urges religious leaders to embrace PDM

Hoima, Uganda | THE INDEPENDENT | President Yoweri Museveni has tasked religious leaders to mobilise their parishioners to embrace the Parish Developmental Model (PDM) programme that is currently being rolled out in the country. The call was part of his message during the groundbreaking ceremony and fundraising drive for the …

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