Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,612.47
    -1,541.62 (-3.07%)
     
  • CMC Crypto 200

    1,261.11
    -96.90 (-7.13%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Uganda awards production licences to Tullow Oil, Total

KAMPALA (Reuters) - Uganda granted on Tuesday eight production licences to France's Total (TOTF.PA) and UK-listed explorer Tullow Oil (TLW.L), clearing a major hurdle as the east African country seeks to move faster towards commencing production.

The licenses cover exploration Area one (EA1), operated by Total and Exploration Area Two (EA2) which is operated by Tullow, Energy Minister Irene Muloni told reporters.

(Reporting by Elias Biryabarema and; George Obulutsa, editing by Louise Heavens)