Home » Posts tagged with » oil (Page 2)

Kenyatta to hold talks with Museveni over the Kenya-Uganda oil pipeline

Kenyatta to hold talks with Museveni over the Kenya-Uganda oil pipeline

President Uhuru Kenyatta is on Monday expected to hold talks with his Ugandan counterpart Yoweri Museveni on the construction of the Kenya-Uganda oil pipeline. According to Statehouse Spokesman Manoah Esipisu, this is a key factor in the Northern Corridor Infrastructure Projects. Esipisu stated that Uganda’s oil producers – Irish company Tullow Oil, French company Total […]

Uganda dump Kenya and choose Tanzania for oil pipeline route

Uganda dump Kenya and choose Tanzania for oil pipeline route

The surprise decision by Uganda to dump Kenya and opt for Tanzania as its preferred route for an oil pipeline has left the country in a tricky situation over the Lamu Port Southern Sudan-Ethiopia Transport (Lapsset). The Hoima-Lokichar-Lamu pipeline was one of Lapsset’s key infrastructure on the northern route. It was to link landlocked Uganda’s […]

Oil & Gas University Trains a New Generation of African Engineers

Oil & Gas University Trains a New Generation of African Engineers

Like many African countries, Tanzania has no shortage of supply of natural oil and gas. However, there is a shortage of skills and experience in this sector within Tanzania. To address this, multinational companies like GE are working hard to empower local people by building valuable skills, and helping to ensure the sustainable development of […]

Nigeria’s 2016 Budget and the Need for a National Development Plan

Nigeria’s 2016 Budget and the Need for a National Development Plan

Now, what matters is not the manner of passage, but the content and implementation plan of the budget. Now we have a budget with padded content being corrected for over three months, effectively giving the government only nine months to implement it. The focus of some Nigerian youths’ has always amazed me. They have MScT […]

Saudi Arabia will not stop pumping to boost oil prices

Saudi Arabia will not stop pumping to boost oil prices

Saudi Arabia is determined to stick to its policy of pumping enough oil to protect its global market share, despite the financial pain inflicted on the kingdom’s economy. Officials have told the Financial Times that the world’s largest exporter will produce enough oil to meet customer demand, indicating that the kingdom is in no mood […]

Nigeria To Show Oil Contract Bids Live On TV: 278 Firms Fight For Deals

Nigeria To Show Oil Contract Bids Live On TV: 278 Firms Fight For Deals

About 278 bids were on Tuesday received from indigenous and foreign firms interested in being selected for the sale and purchase contract for Nigeria’s 26 crude oil grades on offer. The bid process was relayed live by all major broadcast networks as part of effort of the new management at the Nigerian National Petroleum Corporation, […]

Nigeria To Introduce New Oil Revenue Plans: International Oil Companies Very Concerned

Nigeria To Introduce New Oil Revenue Plans: International Oil Companies Very Concerned

Oil majors operating in Nigeria are growing concerned about the possibility that the government alters the terms of their production-sharing contracts in order to raise more revenues. The new government of Muhammadu Buhari is scrambling to find ways to plug budget holes. Between July 2014 and September 2015, receipts for the state-owned National Nigerian Petroleum […]

Shell Facilities Attacked In Nigeria: Oil Worker Killed And Military Weapons Stolen

Shell Facilities Attacked In Nigeria: Oil Worker Killed And Military Weapons Stolen

Daredevil gunmen at the weekend invaded a military post manned by men of the Joint Military Task Force, Operation Pulo Shield at Kolo Creek Flow Station belonging to Shell Petroleum Development Company in Ogbia Local Government Area of Bayelsa State, killing one oil worker before carting away several high calibre military weapons including General Purpose […]

How Many Barrels of Oil Stolen a Day in Nigeria? Buhari in Right Ballpark With 250,000

How Many Barrels of Oil Stolen a Day in Nigeria? Buhari in Right Ballpark With 250,000

President Muhammadu Buhari claimed recently that about 1 million barrels of crude oil were stolen a day under the last government. He may be nearer the mark saying 250,000. On a visit to the US in late July, President Muhammadu Buhari told an audience at the Nigerian Embassy he wanted to put an end to […]

Uganda Names Companies Shortlisted for Next Round of Oil Bids

Uganda Names Companies Shortlisted for Next Round of Oil Bids

The Government of Uganda’s decision to publish the companies shortlisted to bid for its latest round of oil contracts is an important step forward for transparency in the country, said Global Witness today. However, the organisation highlighted the need to carefully scrutinise companies’ environmental and social records, especially given the sensitive nature of the regions […]

Page 2 of 41234

Widgetized Section

Go to Admin » appearance » Widgets » and move a widget into Advertise Widget Zone