Artificial Intelligence, Oil, tourism and agriculture discussed at Uganda’s ACCA 2018 convention Kampala, Uganda | JULIUS BUSINGE | Uganda’s Association of Chartered Certified Accountants (ACCA) will aim to raise members professionalism as they focus on providing guidance in the the oil sector. Andrew Ssekamwa, the vice chairperson – ACCA Members …
Read More »S.Africa plans $1bn investment in South Sudan oil industry
Juba, South Sudan | AFP | South Africa and South Sudan signed an outline agreement on Friday that could see Pretoria invest around $1 billion (880 million euros) in South Sudan’s struggling oil industry. The agreement, which will be subject to detailed negotiations between the countries, was made between two …
Read More »Trump thanks Saudi Arabia for lower oil prices
Washington, United States | AFP | US President Donald Trump on Wednesday ignored criticism that he gave Saudi Arabia a free pass on the murder of a dissident journalist, instead praising the Islamic kingdom for keeping oil prices low. Trump, on holiday at his Florida Mar-a-Lago Club, doubled down on …
Read More »Trump thanks Saudi Arabia for lower oil prices
Washington, United States | AFP | US President Donald Trump thanked Saudi Arabia Wednesday for lower oil prices — a day after pledging the US would remain a “steadfast partner” of the kingdom despite the murder of a dissident journalist. “Oil prices getting lower. Great! Like a big Tax Cut …
Read More »S.Sudan woos investors as peace deal revives oil industry
Juba, South Sudan | AFP | South Sudan said Wednesday that the country’s latest peace deal had helped revive its war-battered oil sector, with an increase of 20,000 barrels per day in the past two months. The country’s warring parties in September signed a new peace deal to end five …
Read More »Storm brews over Total oil project name
Kampala, Uganda | THE INDEPENDENT | A storm is brewing in over a name adopted for the Total’s oil northern Albertine Graben project located in Buliisa and Nwoya district. Total Exploration Uganda faces off with local opponents angered over the project name Tilenga. The name Tilenga is derived from two local …
Read More »Uganda first oil 2020 ambitions thwarted- Muloni
Kampala, Uganda | THE INDEPENDENT | The delay by international Oil Companies to make a final Investment Decision (FID) has thwarted government’s ambitions for first oil by 2020. Energy and Mineral Development Minister, Irene Muloni admits it may not be possible for to have oil out of the ground by end …
Read More »Major oil producers to consider cuts after price slide
Dubai, United Arab Emirates | AFP | Major oil producers meet in Abu Dhabi on Sunday to consider reverting to output cuts after a sharp slide in crude prices revived fears of a 2014-style crash. Oil prices shed a fifth of their value in just one month after surging to …
Read More »EU ambassadors applaud government on oil progress
Kampala, Uganda | THE INDEPENDENT | The Ugandan government has been applauded for the pace at which it is undertaking projects in the Oil and Gas Sector. The Nod came during a tour of key projects in the Albertine Graben by a team of Ambassadors from the European Union currently in …
Read More »All eyes on Uganda at Africa Oil Week in Cape Town
➡ Africa Oil Week #AOW18 Nov 5-9 ➡ ??Uganda one of 70 countries ➡150 world-class speakers ➡16 Government Ministers ➡1,300+ delegates Kampala, Uganda | THE INDEPENDENT | Uganda’s private and public-sector leaders in the oil and gas sector will this week showcase the country’s national development strategies and give an overview of their …
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