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...
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Oil rises after Ukrainian attack on Russian depot.
Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack...
EACOP Academy: Record 141 students graduate from Uganda Petroleum Institute Kigumba.
One hundred forty-one graduates trained in mechanical, electrical, production, instrumentation, leadership, and health, safety and environment (HSE) have graduated from t...
Oil Production: NUPRC To Begin 2025 Licensing Round From December 1.
The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy.A graphic illustration of barrel...
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...
Oil Climbs for a second day on risk-on tone in wider markets
Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republi...
India 'largely stopped' Russian oil purchase: Trump's fresh claim amid tariffs
Trump's latest claim on the future of the India-Russia energy ties comes in the backdrop of ongoing trade negotiations between New Delhi and Washington.Days after he clai...
EACOP starts 7.5KM road construction to link Hoima oil rich villages
The East African Crude Oil Pipeline (EACOP) Ltd, the company leading the development of Uganda’s crude oil export pipeline, in partnership with Hoima City, has com...
Police Arrest Three Suspected Panga-Wielding Thugs in Nsangi.
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...
Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for first quarter of 2026.
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 furt...