Kenya’s government says it has approved a plan to produce between 2,000 and 4,000 barrels a day of crude oil in an effort to exploit the country’s oil production potential. A statement from the president’s communications department said that infrastructure will be upgraded to allow trucks to ferry the oil to the country’s main port
OPEC Meeting in Algeria Will discuss ways on how to stabilize the Oil Market—Saudi Arabia
Saudi Arabia will work with OPEC and non-OPEC members to help stabilize oil markets, it said on Thursday a month ahead of an informal meeting of major producing countries in Algeria. Members of the Organization of the Petroleum Exporting Countries will meet on the sidelines of the International Energy Forum (IEF), which groups producers and
Tanzania Energy Minister Says gas Industry will be an “economic revolution” for the Country
Tanzania and its oil industry partners are to invest $30bn in a gas processing plant that will lead to an “economic revolution”, according to the country’s energy minister. Sospeter Muhongo, speaking to the Dar es Salaam Daily News, said the government had already embarked on the preliminary work and that Tanzanians should expect rapid growth
Employment in oil and Gas production across the world has declined by 26Pct due to Price Fall—Report
Data obtained from the United States, US, Energy Information Administration, EIA, has put the continued decline of employment in the oil and natural gas production across the world at 26 percent between 2014 and 2016. The report, which captured between October 2014 and May 2016, stated that employment in oil and gas production reached a
The Uganda-Tanzania Oil Pipeline Route: Current Project Status and Proposed Route
Following the decision by the government of Uganda to route is crude oil southwards to Tanzania’s Northeastern Port of Tanga, both governments pledged to expedite the project and work was expected to start this August 2016. However, the need to make necessary evaluation on the Fiscal framework, Size of the pipeline corridor, and Set of time-bound
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Uganda Cabinet Endorse Issuance of Oil Production Licences to French Giant Total
The government of Uganda approved a ministerial request to issue Oil Production Licences to French Giant Total Uganda oil has learnt. According to a cabinet communique, government approved the Minister of Energy and Mineral Development request to issue three production for fields; Ngiri, Jobi-ri and Gunya under exploration area 1 of the Albertine Basin. “…approved
Three Nigerian Companies, One Australian Selected as Competent for Uganda Oil Exploration licensing round
Uganda has picked three Nigerian companies and one from Australia for its oil exploration licensing round, inviting them to negotiate for production sharing agreements, it said on Monday. It announced its first competitive bidding round for six exploration blocks, covering a total of 3,000 square kilometres (1,150 square miles), in February 2015. Bidding documents were
Ingenious Varieties Of Finance Companies AND Personal Orders
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Local Leaders in Uganda Oil region wants Government to Regulate Waste Disposal and Land Acquisation
Local leaders in Uganda’s Oil-rich region urged government to regulate land acquisition and oil waste disposal in the Albertine graben to prevent exploitation, local media reported. The call was echoed during a community dialogue organised by Midwestern Regional Anti-Corruption Coalition. The Prime Minister of Bunyoro Kingdom, a cultural institution which also shares part of the