US forces hit and destroy three Iranian oil tankers after IRGC attack on American naval ships
The exchange of attacks follows an escalation in the past week that threatens to deepen a conflict that has dragged on since the US launched strikes on Iran in February, disrupting global energy supplies and drawing opposition from a majority of Americans before congressional elections in November.
Uganda’s preparation for oil exports includes state naming crude oil blend ‘Pearl Sweet’ as production nears
Uganda is estimated to have recoverable oil reserves of roughly 1.6 billion barrels. The investors are French oil company TotalEnergies, which owns the largest stake, and China National Offshore Oil Corporation, or CNOOC.
