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KENYA MOVES TOWARD COMMERCIAL OIL PRODUCTION IN TURKANA.
Kenya is on the verge of launching commercial oil production in Turkana after the government approved and forwarded the Field Development Plan by Gulf Energy E&P B.V. for parliamentary ratification. This milestone, following Tullow Oil’s exit, is expected to accelerate energy development, boost exports, and position Turkana as a key player in Kenya’s petroleum sector.
- 6 months, 3 weeks
TOTALENERGIES E&P UGANDA: SUSTAINABLE ENERGY DEVELOPMENT.
TotalEnergies combines sustainability and innovation in projects like Tilenga to balance current energy needs with future environmental protection.
- 6 months, 3 weeks
UGANDA’S FIRST OIL EXPECTED IN JULY 2026 AS KINGFISHER REACHES PRODUCTION THRESHOLD
Uganda is on track to produce its first barrel of oil by July 2026 after the Kingfisher Development Project successfully reached the required production threshold. The milestone marks a major step toward the country’s long-awaited entry into oil production.
- 7 months, 1 week
EXCLUSIVE: SELLERS CANCEL OIL DEALS WITH CHINA’S YULONG AFTER UK SANCTIONS.
A new wave of sanctions is shaking up global oil flows as suppliers pull out of deals with China’s Yulong Petrochemical. The British government’s latest sanctions on the refiner have forced major producers and traders to cancel contracts, creating a ripple effect that may deepen China’s reliance on discounted Russian crude. With payments frozen and banks avoiding risk, the decision marks a fresh test of how Western measures against Moscow are reshaping global energy trade and how far Beijing is willing to go to keep its refineries running.
- 7 months, 1 week
UGANDA TARGETS LATE-2029 START FOR FLAGSHIP HOIMA REFINERY PROJECT.
Uganda’s Hoima refinery project is set to begin operations by late 2029, aiming to boost local value addition and reduce reliance on imported fuel. Backed by a $4 billion partnership, it will also support regional exports and industrial growth.
- 7 months, 1 week
TRUMP VOWS TO KEEP ‘MASSIVE’ TARIFFS ON INDIA UNTIL RUSSIAN OIL IMPORTS CEASE.
Oil prices held largely steady on Wednesday, supported by tighter U.S. crude stockpiles and ongoing supply disruptions, though gains were capped by uncertainty over U.S. interest rate policy. Brent hovered near $67 a barrel while U.S. crude futures edged slightly higher, as markets weighed fresh inventory data, stalled Kurdish exports, and reduced Venezuelan shipments against broader economic headwinds. Analysts suggest prices may remain range-bound in the near term as supply concerns clash with demand-side risks.
- 7 months, 1 week
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