Within a period of 15 months, Saudi Arabia has registered a tremendous increase in its crude oil exports to the United States of America. According to the preliminary vessel-tracking data done by Bloomberg, in the month of July, Saudi Arabia loaded 1 MMbpd onto tankers destined for the U.S. upgrading from June exports by 36%
Uganda’s Vice President Edward Ssekandi urges more Chinese Companies to invest in Uganda’s Oil Industry
The Vice President of Uganda Edward Ssekandi has called upon more Chinese Companies to invest in Uganda’s Oil Sector The Chinese National Offshore Oil Company (CNOOC) is one the three Major Oil Companies operating in the Uganda’ the Vice President of Uganda Edward Sekandi has called upon more Chinese Companies to invest in Uganda’s Oil
Uganda’s estimated oil reserves rise to 6.5 billion Barrels
Uganda’s Petroleum resources are now estimated to be at 6.5 billion barrels up from 3.5 billion barrels that was estimated in August 2012. According to a press statement of Kabagambe Kaliisa, the Permanent Secretary of the Ministry of Energy and Mineral Development that Ultimate Media has seen, the increase in the estimated petroleum resources is