Nsangi Police Division has arrested three key suspects believed to be part of a notorious gang of panga-wielding thugs that has been terrorizing residents in the area.The suspects have been identified as Niwagaba Shaban, Turinawe Eddie, and Kawakki Sulaiman. According to police, Niwagaba a
ABU DHABI, United Arab Emirates (AP) — Abu Dhabi hosted a major oil summit Monday, hours after the OPEC+ group of the cartel and its allies said it would halt further production increases planned in the first quarter of 2026 over concerns of too much supply in the market.The OPEC+ decisi
Lukoil said Thursday it had accepted an offer from global commodity trader Gunvor to buy its foreign assets, which Russia’s second-largest oil company is seeking to sell after Washington imposed sanctions on it last week.The planned asset sale is the most consequential action so far by a
Singapore — Oil prices eased on Friday, heading for a third consecutive monthly decline, as a stronger dollar and weak China data capped gains while rising supply from major producers globally offset the effect of Western sanctions on Russian exports.Brent crude futures slipped 36c, or 0
The oil sector’s development — including two central processing facilities at Kingfisher and Tilenga — is expected to unlock billions in ancillary investment and generate thousands of jobsKampala: Uganda’s proven oil reserves have risen to 6.65 billion barrels, up from 6.4 billion,
For the next nine months, activities in Uganda’s oil fields will be ramped up as the country targets to get its first barrel of oil to the market through a 1,443km pipeline to the Tanzanian coast of Tanga by July 2026, more than 20 years after the first commercial discovery was made in western
Parliament is today set to authorize a staggering Shs8.2 trillion in new borrowing, a move that signals the nation’s spiralling public debt already at Shs116.2 trillion (51.3% of GDP) and its economic implications.According to the house order of today’s business (Order Paper), out of t
Russian stocks continued to plunge on Monday, fuelling fears of a major financial crisis following Donald Trump's swingeing new sanctions. The Kremlin has been rocked by the White House's decision last week to target its two largest oil companies in the latest sanctions package.Rosneft and
A distinguished older man with a dramatic white beard and styled hair wears a thick, luxurious fur coat and a heavy chain necklace, gazing upward against a clear turquoise sky.Many of us are chronic over-apologizers. For some, it’s due to people-pleasing or the aftermath of having dealt
"Super bad"Ever wondered what Seth Rogen and Evan Goldberg's high school experience was like? Greg Mottola's 2007 teen comedy "Superbad" — written by Rogen and Goldberg — provides a vulgar and hilarious fictionalized answer. The film stars Jonah Hill and Michael Cera as Seth and Evan,
