Uganda's Oil - Local Companies Positioned to Lead in Operations Phase

OPEC+ oil production cap to grow by 100,000 bpd in May

The oil production cap of OPEC+ countries countries totals 32.71 mln barrels per day in April

Uganda's Oil - Local Companies Positioned to Lead in Operations Phase

[Independent (Kampala)] Across the African continent, oil-producing countries such as Nigeria, Angola, and Ghana have demonstrated that deliberate policies centered on joint ventures, structured enterprise development, and phased skills development can increase local participation in operations to between 70 and 80 percent. Uganda is pursuing a similar pathway, anchored in progressive capacity building and regulatory support.

Malaysia plans phased expansion of biodiesel programme, minister says

KUALA LUMPUR — Malaysia plans to expand its palm-based B20 biodiesel programme nationwide in phases, taking into account the price sensitivity of palm oil relative to petroleum prices, the Plantation and Commodities Minister said on Tuesday (April 7).Malaysia, the world's second-largest palm oil producer, currently imposes a 10 per cent biodiesel — or B10 — mandate for the transportation sector,...