Tag Archives: oil

MOSCOW | TASS | Several OPEC+ countries, including Saudi Arabia and Russia, have begun voluntarily reducing their oil production by an aggregate additional volume of 2.2 mln barrels per day (bpd) in January. The policy will be in force throughout the first quarter and, depending on market conditions, the petroleum …

LUANDA | Xinhua | Angola on Thursday announced its withdrawal from the Organization of the Petroleum Exporting Countries (OPEC), according to the Angolan government’s Facebook page. The decision followed a session of the Council of Ministers, which took place on the same day at the Presidential Palace in the national …

Kampala, Uganda | THE INDEPENDENT | Matia Kasaija, the Minister of Finance, Planning, and Economic Development has underscored the importance of Uganda’s oil and gas exploration, emphasizing an unwavering commitment to the project’s seamless progression. During a visit to the Kingfisher Development Area (KFDA) in Buhuka village, Kyangwali sub-county in Kikuube district …

Ina-Marie Shikongo deploys her art to protect the Okavango Delta ART | KATE OKORIE | Normally, seeing Ina-Marie Shikongo’s works in Dubai would seem incongruous; she is an activist whose layered textile designs convey powerful messages about climate action and the African continent. Dubai on the other hand, is a bastion of …

Dar es Salaam, Tanzania | THE INDEPENDENT |  Pipelines to cover the first 100km of the  East African Crude Oil Pipeline (EACOP) from Hoima to Tanga port in Tanzania, are ready for work to start. An event to mark the arrival of the pipelines from China, was held Tuesday by EACOP’s …

Kampala, Uganda | THE INDEPENDENT | For car owners, the maintenance of their vehicle is not only a matter of pride but a critical factor in ensuring the longevity and optimal performance of your cherished automobile. Among the various aspects of car maintenance, one crucial element that often escapes attention …

Kampala, Uganda | THE INDEPENDENT |  Major contracts for construction activities for the Tilenga project have been awarded two years after a Final Investment Decision (FID) for the project was taken. The project is located in Bulisa and Nwoya districts and is led by TotalEnergies. Philippe Groueix, the Chair of …

Dubai, UAE | THE INDEPENDENT | Minister of Energy Ruth Nankabirwa will on Monday launch Uganda’s energy transition strategy at the UN Climate Change Conference or COP28 taking place in Dubai. This time around Uganda hired space for the Ugandan Pavilion at the Dubai Expo where Uganda is showcasing its …

Vienna, Austria | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Thursday announced further production cuts for next year to bolster oil prices that have recently tumbled amid a weakening economic backdrop. Following a virtual meeting of OPEC+ oil …

Kampala, Uganda | THE INDEPENDENT | Expatriates could take only three days to secure clearance from the Petroleum Authority to allow them to be employed in the oil and gas sector. The Petroleum Authority in Uganda (PAU) has launched an Electronic Work Permit Recommendation System (EWPRS) to ease the process. …