Africa’s petrol shock map: Shs 100 in Libya, Shs 5,000 in Uganda
Fuel prices, especially petrol, have shot upFuel prices in Uganda are highAcross Africa, the price of a single litre of petrol can determine whether families eat, whether...
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“refineries”
US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.
US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024...
Kiir sacks top petroleum official after a week in post.
South Sudan’s President Salva Kiir has dismissed the undersecretary at the Ministry of Petroleum just a week after appointing him, in the latest shake-up in the co...
Crushed by punishing US sanctions, Russia’s Lukoil sells its international business.
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 t...
Panic in Russia as 'paranoid' Vladimir Putin fearing a dramatic coup
Russia's Federal Security Service (FSB) has accused the exiled opposition leader Mikhail Khodorkovsky and 22 members of the Russian Anti-War Committee of plotting a coup...
Why Uganda’s oil refinery remains behind schedule
An artistic impression of an oil refinery. Uganda hopes to complete construction of a 60,000 barrels/day refinery by 2030. COURTESY IMAGE/PETROLEUM AUTHORITY OF UGANDA.De...