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
The Iran’s Vice President for Science and Technology Sorena Sattari visited Uganda last week to set up new trade relations with the pearl of Africa just a month to the United States oil ban. The vice president met the president of Uganda Yoweri Museveni in Kampala on Tuesday. In the meeting, Sattari revealed that Tehran
Noble Energy has sold its 43.5% stake in Israel’s Tamar natural gas field, a week after announcing that it will fund a natural gas export deal with Egypt, according to reports. The Texas-based firm has sold all of its 40 million shares in the Tamar field for $4.26 each through the Tel Aviv Stock Exchange. The announcement
According to Mike Spear, industrial cyber security global operations director at Honeywell, cyber attacks in the oil and gas sector increased over the past year. “You’re looking at about 365,000 new malware every year … that’s like four per second, “What we’re seeing is in the space, or in what we call the process industries
Noble Energy, Delek Drilling and Egypt East Gas Company have purchased a 39% stake in the Eastern Mediterranean Gas Company paving the way for Israel to begin exporting natural gas to Egypt, Noble announced in a press release. The Eastern Mediterranean Gas Company owns the subsea EMG pipeline that runs from the Israeli city of Ashkelon
The Tanzania Petroleum Development Corp. (TDPC) managing director, Kapuulya Musomba, has confirmed that Uganda’s natural-gas pipeline will start in 2021. In an interview at the oil and gas conference, Musomba stressed that 29 companies are interested in conducting a feasibility study and constructing the pipeline that will pump gas to iron and steel factories in western
The Uganda oil sector is likely to spend quite more money than the anticipated $4 billion for the construction of the Hoima-based oil refinery following the failure of the East African Community to buy the whole part of the share it was allocated. Although Total SA has taken up a total share of 10 per cent
Over 1000 government official from 40 countries around the globe have are expected to attend the 7th Annual Mineral Wealth from October 2nd- 3rd 2018 to be held at Kampala Serena hotel. The conference is organized by Uganda Chamber of Mines and Petroleum (UCMP) in partnership with the Ministry of Energy and Mineral Development through the Directorate of Geological Survey
Uganda insurance companies have formed a body that will extend insurance covers to the companies involved in the Uganda oil and gas industry The coordinator of Oil and Gas Uganda Insures Association, Ms Margie Lokowe, in an interview with Daily Monitor, said Uganda insurance companies have already formed a consortium in preparations of providing insurance
President Yoweri Museveni has refuted claims that Uganda oil production maybe overdue because of the slow policy implementation processes in the oil sector saying that all major decisions have been made to facilitate oil production. “What remains to be tested is the preparedness and readiness of you all and most especially the East Africans, our