Private-equity firm Carlyle Group signed an exclusive agreement with the Port of Corpus Christi, the top oil export hub in the United States of America, to develop an offshore crude export terminal to load the world’s largest tankers. The terminal, proposed for Harbor Island, would be the first onshore location in the United States capable
World Bank bans oil funding
The World Bank has announced it will not fund upstream oil and gas projects from 2019 onwards, as a mean to save the world from disasters of climate change An estimated 1.1 billion people making 14% of the global population do not have access to electricity according to the International Energy Agency. Speaking at the
Total alerts public of fake jobs adverts in relation to Tanzania-Uganda oil pipeline project
Total East Africa Midstream has warned the general public to be cautious while accepting jobs advertised in relation to the Tanzania-Uganda crude oil pipeline project, saying most are fakes. Total has learnt that various companies have started assuring people that they can help them secure jobs from the East African Crude Oil Pipeline (EACOP) project. Unknown
China’s new directive to curb theft in oil and gas sector
China has issued a new directive that will help to a new directive to curb on the growing cases of theft of oil and gas and sabotage of facilities, according to the Supreme People’s Court (SPC) press release. The document, jointly issued by the SPC, the Supreme People’s Procuratorate and the Ministry of Public Security
Finalists Of the D CEO’s 2018 Oil and Gas Awards
D CEO has announced its Oil and Gas Awards finalists for 2018 from whom the winners will be chosen. The 2018 winners with be revealed at an exclusive awards event in October Tuesday, Oct. 30, at The Petroleum Club. The nominees were filtered basing on the CEOs, CFOs, and innovators who have helped to make
Total Commences Specialised Training of Welders in Albertine Region
Total E&P Uganda, the mastermind of the Tilenga and East Africa Crude Oil Pipeline Projects EACOP has started trainings on the first batch of students for the today welders training programme launched earlier this year. Over 200 students are targeted in the strategy and are to be divided into 8 groups of 25 for the 2G
US Ambassador, Deborah Malac Urges Uganda to avoid the ‘oil curse’
The US Ambassador to Uganda Deborah Malac has urged the Ugandan government to use proper procedures in the development of its oil and gas sector so as not to fall prey to the problems that other mineral rich countries face. The ambassador, while Speaking to a delegation on the contract, transparency and accountability in the
Ten companies selected for Techstars Energy Accelerator
Ten(10) class of global start-up companies have been selected to participate in the Techstars Energy Accelerator. The announcement was made by Equinor has officially announced the inaugural selected The selection was picked hundreds of applicants across 38 countries. Ampaire, USA. Ampaire is making flying accessible to more people from more airports by building electric aircraft
Chevron signs deal on field development with Basra oil company
Iraq’s Basra Oil Company and Chevron signed an agreement to start oilfield development, with plans for a new energy company and a refinery, according to the country’s oil ministry. The deal includes preliminary studies, after which an energy company will be established. It will execute field development and feasibility studies will be carried out in addition to gas processing
Ukraine’s gas stocks in underground storage facilities expand by more than 86%
Ukraine has raised natural gas reserves in its underground storage facilities (UGS) by 6.414 billion cubic meters (bcm) after the end of the heating season, JSC Ukrtransgaz has said. Thus, from April 8 to August 18, gas reserves in storage facilities grew by 86.3%, to 13.849 bcm from 7.435 bcm. According to Interfax-Ukraine’s estimates, gas