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Oct 34 results
19:05
19:05

IEA: Oil Investment Drought Source Of Concern tullow 1

he head of the International Energy Agency IEA, Dr. Fatih Birol, says the weak global investment picture in the oil and gas sector remains a source of concern. Birol in a statement on Monday said more investment in global oil and gas exploration and production is crucial to ensure future supplies are able to meet growing demand.
19:18
19:18

Oil Skills: Museveni Calls for Private Technical Schools oil and gas sector

Museveni says Ugandans in private sector or even foreigners, should rise up to the occasion and establish technical schools to train much-needed personnel for the oil and gas sector. He was speaking at the Skilling and Local Content Forum in Kampala this evening.
17:07
17:07

Oil & Gas: National Content Requires Strong Teamwork oil and gas sector

Jim Walton, the Director for Local Content and Corporate Strategy at Flour, a California, US-based company with interests in engineering, fabrication, construction and maintenance services, says for local content to be successful, there must not only be strong teamwork between different stakeholders but also tradeoffs in order to strike a balance.
16:55
16:55

Govt, Oil Refinery Consortium Begin Negotiations cnooc uganda 1 Top story

The first round of negotiations between the Uganda government and the Consortium selected to construct the oil refinery commence this week in Kampala. Sources at the Ministry of Energy reveal that negotiations are scheduled to take place from from 21 to 25 August.
18:58
18:58

Govt to Monitor Water Usage in Oil Production water shortage 1 2

A number of activists under the Water Governance Institute are expressing fear that communities living in Oil production areas may face water shortages when oil production commences. The activists say water may prove more of a hindrance during the oil production and development phase because of the large quantities required during the process.
14:32
14:32

Report: Uganda Struggling In Oil Governance tullow oil 1

New index shows promise in some developing countries, but raises alarms over sovereign wealth funds and citizens freedom to hold governments to account
15:29
15:29

Nigeria's Oranto Enters Uganda Oil Sector tullow oil 2

The Uganda Oil and Gas sector is set for a new wave of activities as government begins granting oil exploration licenses to international oil companies.
09:12
09:12

Corruption Could Turn Oil into a Curse – Envoy oil in uganda 4

Talking candidly at a dialogue on the 2017/18 national budget, Ambassador Morgens Perdesen said corruption is so endemic in Uganda, warning that if nothing is done to deal with the vice the country should forget deriving real benefits from her oil revenues.
21:05
21:05

Stanbic Expert Hails Govt For Avoiding Oil Mortgage stanbic bank uganda 1 1

Jibran Qureishi, also an economist with Africa Research and Strategy says the positive aspect with Ugandas Oil is that it has not been mortgaged.
15:34
15:34

Government Denies Misspending Oil Money karuma dam

Lawrence Kizza, the director of economic affairs in the ministry of finance, says the money is being used to co-fund the construction of the 600-megawatt Karuma Dam. The dam is being constructed by Chinese firm Sino-hydro Corporation at a cost of 1.7 billion dollars with the government contributing 15 percent of the funding and the remaining 85 percent coming from Chinese development bank Exim.
13:22
13:22

Elly Karuhanga: Stop Scaring Away Investors oil and gas sector 3

Karuhanga said that if the government continues to be too greedy and pressurizing the oil companies, they will drag their feet since investment will be unattractive for them.
19:41
19:41

Energy Minister Says Tullow, Total to be Granted Production Licenses Soon tullow oil 1

Oil companies Tullow and Total are to be granted the long awaited production licenses soon according to state minister for energy in charge mineral resources Peter Lokeris. Speaking to Uganda Radio Network on the sidelines of a public dialogue on oil in Kampala, Lokeris said within a month or two the two oil companies will be granted the long-awaited production licenses.
16:16
16:16

Uganda Urged on Corruption-free New Oil Bid Process oil and gas sector

Global Witness, a London-based natural resource watchdog, has called on the Ugandan government to avoid corruption in the newly announced competitive bidding process for oil exploration.
16:38
16:38

NGO Wants World Bank To Demand Transparency In Oil Sector bunyoro oil region

Global Witness, a London based international Non-governmental Organization, has urged the World Bank and other donors to demand for transparency and accountability in the oil sector before extending any aid to Uganda. Referring to the government’s request for a 115 million-dollar-loan from the World Bank to develop the oil region, Global Witness suggests that the World Bank should tag conditions that will enhance transparency.
09:18
09:18

CNOOC Gets US$2Billion Oil Production License ministry of energy 1

Minister Lokeris says Kingfisher oil well has an average of 635 million barrels of which 196 million barrels are recoverable. He added that the field will be developed to produce between 30,000 to 40,000 barrels per day.
15:25
15:25

Museveni Finally Signs Oil Law petroleum bill 2012 2

President Yoweri Museveni has finally assented to the Petroleum Exploration, Development and Production Act 2012, which parliament passed in December last year.
19:40
19:40

Parliament Passes 2nd Oil Bill oil bills 1

Parliament has today passed the second oil bill more than two months after the Petroleum (Exploration, Development and Production) Bill 2012 was passed on December 7 last year.
18:50
18:50

Rwanda Plans To Build 700MW Gas Power Plant oil and gas sector 1

The government of Rwanda has announced it intends to build a gas power generation plant with a capacity to generate up to 700 megawatts, arguably the single largest gas facility in the region. The announcement by Rwanda comes in the wake of continued mentions by the government of Uganda about a plan to set up a gas power generation plant following gas discovery at Nzizi, located in Buliisa district.
16:47
16:47

Govt Set To Weigh the Axe On Mineral Speculators mining licenses 1

Government has warned that it plans to revoke the mining licenses, which have been issued but the holders have not conducted any significant developments on the respective mining areas.
10:10
10:10

We Can't Privatise Oil Company - MPs oil bills 1

Members of Parliament have rejected a clause in the petroleum, exploration, production and development bill that proposes privatisation of the National Oil Company.
Oct 34 results