Tag Archives: oil

President Museveni challenges western companies as Uganda signs oil refinery pact Entebbe, Uganda | THE INDEPENDENT | Uganda took a firm step to building its first oil refinery when officials signed a Project Framework Agreement with the Albertine Graben Refinery Consortium (AGRC) in Entebbe on Tuesday. The agreement will ensure development, …

Kampala, Uganda | JULIUS BUSINGE | With the first oil expected towards the end of 2020 in Uganda, players are already exploring more ways of reaping from the sector. The latest avenue was a two-day local content workshop organized by the Association of Uganda Oil and Gas Service Providers (AUGOS) in …

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 …

Lagos, Nigeria | AFP | Shell has filed a criminal complaint in the Netherlands against a former employee in connection with a 2011 oil deal in Nigeria, a company spokesman said Wednesday. News of the complaint, which was filed last week, comes at the same time the energy giant is facing …

Washington, United States | AFP |The United States imposed restrictions Wednesday on exports of US technical support to the South Sudanese oil industry, warning that it is fuelling the bloody civil war there. State Department spokeswoman Heather Nauert said exporters will henceforth need a license to export, re-export or transfer …

Lagos, Nigeria | AFP | Nigeria was on Friday urged to re-open investigations into 89 oil spills in its southern delta region, after claims that Shell and ENI misreported the causes. Rights group Amnesty International said there were “reasonable doubts” about how the spills happened, suggesting corrosion rather than oil …

Kampala, Uganda | ISAAC KHISA | Joram Nyanzi is the managing director of Kenlloyd Logistics Uganda Ltd. He spoke to Isaac Khisa about the performance and prospects of the region’s logistics industry. What is your management style as the managing director? I am a strong believer in human resource in an …

Luanda, Angola | AFP | Angolan businesswoman Isabel dos Santos, daughter of former president Jose Eduardo dos Santos, on Monday denied claims that she presided over corruption when she ran state oil giant Sonangol. Prosecutors opened an investigation on Friday into possible graft at Sonangol and will probe “irregular financial …

Milan, Italy | AFP | A trial for oil giants Eni and Shell over bribery and corruption allegations in the purchase of an offshore oilfield in Nigeria was delayed for two months on Monday. The trial had been set to start in a Milan court, but the judge said that, …

Milan, Italy | AFP | Oil giants Eni and Shell go on trial in Milan on Monday, charged with bribery and corruption in the purchase of an offshore oilfield in Nigeria. Eni CEO Claudio Descalzi, his predecessor Paolo Scaroni and several officials from Eni and Shell are among those facing …