Experts say it is high time for Africa to look inward to blunt external vulnerabilities. Tensions between Israel and Iran are spiking oil prices and rattling African economies, with analysts warning of inflation surges and supply chain chaos while petrostates like Nigeria and Angola eye potential windfalls. SPECIAL REPORT | …
Read More »Uganda, Tanzania and Zanzibar ink oil pact
The cooperation agreement comes as Uganda faces questions over the readiness of its domestic oil infrastructure, particularly the proposed refinery in Hoima District Kampala, Uganda | THE INDEPENDENT | Uganda signed a tripartite agreement with Tanzania and Zanzibar to deepen regulatory cooperation in the oil and gas sector, as the East …
Read More »Oil markets face new uncertainties as drivers of supply and demand shift
Beijing, Uganda | THE INDEPENDENT | Oil markets are undergoing structural changes as the key drivers of supply and demand growth of the past 15 years start to fade, according to the latest edition of the International Energy Agency’s (IEA’s) medium-term outlook. The new changes are out of the intensifying …
Read More »OPEC: Global oil demand unchanged for 2025, 2026
VIENNA, | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) said on Monday it would keep its forecasts for global oil demand growth unchanged at 2.9 percent for 2025 and 3.1 percent for 2026. In its latest monthly oil market report, OPEC projected a year-on-year increase of 1.3 …
Read More »Uganda, Tanzania, Zanzibar regulators sign oil cooperation memorandum
Entebbe, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda (PAU) has the signing a memorandum of Understanding (MOU) with Tanzania and Zanzibar to foster cooperation in oil and energy. The tripartite Memorandum of Understanding (MOU) was signed with the Zanzibar Petroleum Regulatory Authority (ZPRA) and the Petroleum Upstream …
Read More »EACOP, Safe Way Right Way partner to improve road safety in Uganda’s pipeline corridor
Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline (EACOP) Ltd, in partnership with Safe Way Right Way Initiative Ltd (SWRW), has launched the EACOP Community Road Safety Project (CRSP), a major step in improving road safety in Uganda’s pipeline corridor. The launch event, held at Hotel …
Read More »Ugandan universities get software boost from TotalEnergies EP Uganda and SLB
TotalEnergies EP Uganda and SLB support advanced oil & gas training curriculum in Ugandan Universities. Kampala, Uganda | THE INDEPENDENT | TotalEnergies EP Uganda and SLB have handed over specialized education software and computer hardware to Makerere, Kyambogo and Nkumba Universities in a bid to boost their oil and gas …
Read More »Uganda’s ‘first oil’ dream shifts to June 2026
Kampala, Uganda | THE INDEPENDENT | The government has shifted the timelines for the possible flow of oil and gas being developed in the Albertine Graben. The timelines have been shifting due to a delay in putting in key infrastructure like the refinery and the East African crude oil pipeline, …
Read More »Africa is witnessing a rise of new oil powers
A wave of new exploration and production across Africa is reshaping the continent’s energy future, as newcomers like Sierra Leone, the DRC, and Namibia unveil ambitious plans – with new operational models- to join the oil-producing ranks. SPECIAL REPORT | BIRD AGENCY | Africa’s emerging oil producing countries are ramping …
Read More »Uganda’s transformative infrastructure calculation
Uganda on the brink of energy independence COMMENT | ALI SSEKATAWA | Uganda is slowly but surely positioning herself on the path to transformative infrastructure that will propel among others energy independence, marked by a series of historic milestones achieved in the past six months. First was the closure of external financing …
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