Bobi Wine plans to review Uganda’s oil contracts to ensure they favor the country, challenging Museveni in the upcoming elections. Uganda is close to starting oil exports, with EACOP nearly completed and new oil deposits identified, making the sector politically and economically critical.
Iraqi Prime Minister Mohammed Shia Al-Sudani has overseen a cabinet decision to appoint the state-run Basra Oil Company as the operator of petroleum activities at West Qurna-2, one of the largest oilfields globally.
Shell is weighing a potential agreement with Chevron that would see the European energy major acquire stakes in two undeveloped ultra-deepwater offshore blocks in Angola.
UAE COMPANY IN TALKS TO BUY EGYPTIAN WIND FARM.
Energy data and intelligence provider TGS has launched a large-scale multi-client 3D seismic initiative offshore Mauritania and across the wider West African Atlantic Margin, known as the Mauritania Mega Survey.
The article explains that Uganda and Tanzania are nearing their first crude oil exports through the EACOP project, scheduled to begin in October. It highlights progress, leadership coordination, and environmental mitigation efforts amid ongoing criticism.