Tag Archives: oil

Kampala, Uganda | JULIUS BUSINGE | As Uganda makes steps towards getting first oil in 2020, insurance companies are working on mechanisms of partnering to share risks and benefits that will manifest. Speaking to journalists on the sidelines of a press conference on the upcoming oil and gas convention to be …

      Kampala, Uganda | JULIUS BUSINGE | Oil sector leaders are warming up to deliver new developments regarding oil and gas sector for Uganda next week. This will be at the 4th annual Oil and Gas Convention scheduled for April 25-26 at Kampala Serena Hotel, where hundreds of …

Kampala, Uganda | THE INDEPENDENT | The Albertine Graben Refinery Consortium (AGRC) posted a commitment bond of USD 2 million (over 7.4 billion Shillings) before it signed the Project Framework Agreement with the government for the oil refinery. Emerging information from the Directorate of Petroleum at the Ministry of Energy indicates …

Kampala, Uganda | THE INDEPENDENT | The signing of the Project Framework Agreement between government and the Albertine Graben Refinery Consortium (AGRC) for USD4 billion oil refinery was a great relief to the Energy Ministry as it races towards first Oil by 2020. Sources at the Energy Ministry have indicated …

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 …