Uganda’s 230,000-Barrel Oil Plan Nears Export Stage
Rubondo inspecting the pre-oil production process in HoimaHOIMA, Uganda — Uganda’s planned 230,000-barrel-a-day oil industry moved closer to production after the East...
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Putin arrests Russians for complaining about fuel shortages as fighting breaks out at petrol stations
Crisis is the Kremlin’s ‘biggest domestic challenge’ since the outbreak of war against Ukraine, say expertsRussian police have arrested citizens complaining of fuel...
Iran’s oil exports down to ‘zero barrels,’ says US Energy Secretary
Top Trump administration official says US is able to get 8-9 million barrels of oil out of the Persian Gulf, while Iran’s exports have fallen to zero. US Energy Secreta...
Iran offers transit fee exemptions to Chinese and Russian vessels in Hormuz, accepts Bitcoin and USDT for tolls
Iran offers transit fee exemptions to Chinese and Russian vessels in Hormuz, accepts Bitcoin and USDT for tollsIran's new strait of Hormuz toll system carves out preferen...
Dangote’s proposed Kenya refinery tests a new blueprint for African industrialisation
The proposed refinery in Lamu is the company’s first effort to export the industrial model behind its Lagos refinery, potentially providing a blueprint for replica...
Iranian oil tankers signal Pakistan as next stop in unusual move amid US blockade
Iranian crude tankers Rani and Amil altered their destination to Karachi. Pakistan hasn't imported Iranian oil for a decade. Two tankers carrying a combined one million b...
Uganda budget: 199 oil wells drilled as country nears first oil
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda...
First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way
When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the...
How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers
Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L...
Emergency oil drills conducted as readiness hits 99%
Uganda is edging closer to its first commercial oil production, with sector readiness now at 99 per cent following a high-stakes emergency drill conducted by China Nation...