Uganda appointed Vitol to market its crude oil exports, delaying commercial production to early 2027 due to infrastructure delays. The deal expands Vitol's regional presence alongside partners TotalEn
Uganda officially named its blended crude oil "Pearl Sweet" ahead of planned commercial production by year-end, featuring 1.65 billion barrels in recoverable reserves. The project, led by TotalEnergie
Uganda will launch its third petroleum exploration licensing round in the 2026/27 financial year to expand resources beyond the Albertine Graben. Current reserves total 6.5 billion barrels, operated j
Petrobras commissioned the Buzios Oil Field Phase VI project on December 31, 2025, with CNOOC holding equity. The deepwater development boosts total field capacity beyond 1.15 million barrels daily wh
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