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Tag Archives: oil

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 …

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Sweeping Iran sanctions target oil, banks

Washington, United States | AFP |  All of Iran’s oil exports and financial transactions will be targeted under US sanctions that take force Monday, six months after President Donald Trump bolted from a nuclear deal. The sanctions bring back the punitive measures that were imposed and then lifted by former …

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Zimbabwe president says study points to oil in country

Harare, Zimbabwe | AFP | Zimbabwe’s President Emmerson Mnangagwa said Thursday that an Australian firm would explore for oil and gas in the nation after a study indicated deposits. Invictus Energy has in recent months reworked survey data generated in the early 1990s by US oil giant ExxonMobil, previously known …

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IN THE INDEPENDENT: Bad oil deal

Kampala, Uganda | THE INDEPENDENT | The top stories in this week’s The Independent. Features, news analysis. COVER STORY Bad oil deal: Museveni fight with oil firms threatens major project THE LAST WORD Africa’s highway to a dead-end: Why our obsession with foreign direct investment as a driver of our …

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Iran says Trump ‘destabilising’ oil market

Tehran, Iran | AFP | Iran on Saturday accused US President Donald Trump of destabilising the oil market with his flurry of tweets taking aim at the OPEC cartel. “These days… the price is dependent on the behaviour of Mr. Trump,” Iranian Oil Minister Bijan Namdar Zanganeh said on state television. …

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UNDP champions joint oil development

Kampala, Uganda | JULIUS BUSINGE | Uganda needs to team up with other countries under the East Africa Community, the Great Lakes Region and other African regions in the oil development process ahead of oil production slated for 2020 if it is to benefit from the resource, according to the United …

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