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Tag Archives: oil

Libya’s NOC sees 1.25 mln bpd oil output by year-end

Benghazi, Libya | AFP | The head of Libya’s National Oil Company announced on Wednesday that oil production is expected to reach 1.25 million barrels per day by the end of 21017. NOC president Mustafa Sanalla said, however, that “despite a surge of more than one million bpd” oil production would …

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Total to sign Iran gas deal, biggest since sanctions lifted

Tehran, Iran | AFP | French energy giant Total will finally sign its multi-billion-dollar agreement to develop an Iranian offshore gas field on Monday, the oil ministry said, in the biggest foreign deal since sanctions were eased last year. “The international agreement for the development of phase 11 of South …

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THIS WEEK: Skepticism over oil bonus probe report

THIS WEEK: Skepticism over oil bonus probe report A number of people have expressed skepticism over the recommendations of the parliamentary oil bonus report in as far as reining in 42 government officials who received a cash bonus totaling Shs6bn for their role in defending Uganda against two British oil …

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Katuntu Committee recommends refund of sh6bn ‘Presidential Handshake’

I suggest that on top of refunding the money, the Presidential Handshake beneficiaries each make a public apology – Anna Adeke Kampala, Uganda | GODFREY SSALI | Uganda’s Parliament has overwhelmingly approved recommendations from its Committee on Commissions, Statutory Authorities and State Enterprises requiring 42 public officials to refund Ushs 6 billion shared out …

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Saudi king’s son named crown prince: royal decree

Saudi king’s son named crown prince: royal decree Riyadh, Saudi Arabia | AFP |  Saudi King Salman on Wednesday named his son Mohammed bin Salman as crown prince, completing a gradual removal of powers from the previous prince Mohammed bin Nayef, 57, who has been fired. According to a royal …

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Macron in Morocco to discuss Libya, Qatar

Rabat, Morocco | AFP |  French President Emmanuel Macron was in Morocco Wednesday on a 24-hour visit for talks on battling terrorism as well as the Libyan conflict and Qatar’s dispute with its Gulf neighbours. As he stepped off the plane for his first visit to Morocco since his election …

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