petroleum industry

The global oil order has just been shaken. On April 28, 2026, the United Arab Emirates officially announced its withdrawal from OPEC and the wider OPEC+ alliance, ending decades of …

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Era of Delivery, Not Promise: Oil & Gas Convention 2026

by Business Times

For years, Uganda’s oil story has been told in the future tense, defined by promise, projections, and untapped potential. But at the 11th Annual Oil and Gas Convention held at…

The Shift in the Gulf: UAE Exits OPEC Amidst Regional Turmoil

by Business Times

The global oil order has just been shaken. On April 28, 2026, the United Arab Emirates officially announced its withdrawal from OPEC and the wider OPEC+ alliance, ending decades of…

What Uganda’s 11th Oil and Gas Convention Means for the Industry

by Business Times

There is a phrase that has echoed through Uganda’s petroleum corridors for over a decade. It has been a promise, a projection, a political talking point, and at times, a…

Government Blocks Project Cost Inflation with 15% Rule

by Business Times

In public investment, the biggest threat is rarely the project itself it is what happens after approval. Costs quietly expand, designs are revised, and budgets drift far beyond their original…

Cabinet Reinstates Trade Order with “Non-Negotiable” Stance

by Business Times

On April 27, 2026, Uganda’s Cabinet approved the immediate enforcement of a national Trade Order, declaring it “non-negotiable.” The directive requires informal street vendors to vacate urban verandas, walkways, and…

The Shift in the Gulf: UAE Exits OPEC Amidst Regional Turmoil

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