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Oct 52 results
19:29
19:29

The Momentum For Uganda's Oil Is Building Says Total Boss tullow oil 3 1

TOTAL E&P Uganda Chairman and General Manager, Pierre Jessua told the Stanbic Enterprise conference they expect a final investment Decision expected in the coming months.
13:21
13:21

L. Albert Oil Project Final Investment Decision Now Expected in June cnooc uganda 1 1

The government has been banking on the Joint Venture Partners, Tullow, China National Offshore Oil Corporation-CNOOC and Total to make a Final Investment Decision with regard to the project, to unlock value in the countrys oil and gas sector.
17:45
17:45

Albertine Consortium Gave UGX 7.4b Before Signing for Refinery Project oil refinery plant 1 Top story

Fresh details from the Energy Ministry indicate that the Consortium is expected to fund pre-FID activities to the tune of over 370 billion shillings.
10:01
10:01

Greed Could Stall Oil And Gas Projects - Expert land compensation 2 1

Hans Peter Christophersen, the Trade and Energy Counselor, at The Royal Norwegian Embassy in Kampala says that greedy individuals have inflated land costs and demanded huge compensation rates in the Albertine Graben making it difficult for planned projects to take off.
16:28
16:28

Tanzania's Natural Gas Could Heat Uganda's Crude Oil Pipeline tepu 2 1 Top story

Tanzania has 57 trillion cubic feet tcf of undeveloped and proven natural gas reserves that can be turned in liquefied natural gas LNG.It is emerging that resource can be used by Uganda to enable flow of the crude oil from Hoima to Tanga and as well be used to develop Ugandas iron ore.
15:18
15:18

Tullow Pushes Up 2017 Revenue Expectations tullow oil 1

The company, one of the Joint Venture Partners in Ugandas Oil and Gas sector says it expects to have generated over USD 500 million 1.8 trillion Shillings of free cash flow, significantly exceeding the forecast at the start of the year.
15:42
15:42

Govt, Buliisa Land Owners Strike Deal on Compensation tullow oil 1

Sources that attended the meeting say land owners have finally agreed to be paid 3.5 million shillings for an acre of land after hours of haggling. It appears, however, that political leaders from Buliisa had wanted the rates not below 20 million shillings.
11:56
11:56

Oil Discovery Changes Once Sleepy Hoima tullow oil company 1 7

When Uganda confirmed existence of commercially viable petroleum reserves in the Albertine Graben in 2006, the biggest question whether oil reserves would become a blessing or a curse to the country. Hoima, once a sleepy town and district has since the discovery of oil and gas been bustling with activity. The momentum has been higher this year with plans to construct an oil refinery and an international airport ahead of first oil by 2020.
17:02
17:02

Belgians Pick Interest in Uganda's Energy Sector tullow oil company 1 2

Belgiums interest in Ugandas energy sector is picking with a number of its investors looking into the possibility of taking up lucrative jobs in the oil and gas.
07:23
07:23

Oil Companies Will Not Lower Standards for Unskilled Workers local content 3 1

Tullow Uganda General Manager Jimmy Mugerwa says the company and its Joint Venture partners will not accommodate ill-skilled employees.
06:43
06:43

Uganda, DRC Ministers Intensify Crude Oil Pipeline Negotiations oil in uganda 3 1 Top story

The ministers were reviewing progress towards cooperation in the hydrocarbon sector including the East African Crude Oil Pipeline Project EACOP.
07:15
07:15

Oil and Gas: Players Wary of Local Content Requirements tullow oil company 5 1 Top story

Several inward investors providing services to oil and gas sector are concerned about national participation and local content regulations being introduced by a private members bill soon to be tabled in Parliament.
16:23
16:23

Energy Minister Welcomes Tullow Farm-Down Notification tullow plc 1 2

The letter of notification sent early last week seeks governments permission to allow the planned sale of Tullows assets to proceed. Tullow Oil, in January this year, agreed to transfer 21.57 percent of its 33.33 percent interests in Lake Albert Development Project covering exploration areas 1, 1A, 2 and 3A to Total for a total consideration of USD 900 million 3.27 trillion Shillings.
12:25
12:25

Tullow, Partners Notify Govt on Farm-Down Deal cnooc uganda 1

Tullow Oil, in January this year, agreed to transfer 21.57 percent of its 33.33 percent interests in Lake Albert Development Project covering exploration areas 1, 1A, 2 and 3A to Total for a total consideration of USD 900 million 3.27 trillion Shillings.
17:20
17:20

Government to Commission Study on Water in Oil Production water contamination 2 1

Dr Callist Tindimugaya, the Commissioner, Water Resources Planning and Regulation says the study expected to begin before the end of the year, will also quantify the amount of water needed to have oil out of the ground.
18:31
18:31

Chinese Firm to Build UGX 17B Oil & Gas Training Facility in Kampala tullow oil 1 2 Top story

The facility located in Bugolobi targets to train 1600 Ugandans annually in drilling, specialized welding for the pipelines, refineries and environment safety skills among others.
11:12
11:12

Govt Under Spotlight Over Oil Environmental Laws oil exploration 2 1

.Oil industry players and environmental activists say failure to put in place a new environmental regulatory regime has exposed the countrys environment to danger. Reports indicate that NEMA is still stuck with a huge stockpile of mud cuttings from the drilling of oil which cannot be disposed off in the absence of disposal guidelines.
07:41
07:41

MPs Question Minister Muloni Over Oil Development Cash ministry of energy 3 1

The legislators expressed fear that most of the oil revenues could be taken by international oil companies currently licensed to produce oil in the Albertine Graben.
13:43
13:43

Auditor General Rejects UGX 250 Bn Claim By Oil Companies tullow uganda 2 1 Top story

The rejected costs had been inflated by the companies in order to claim more money from government when oil production begins.
17:29
17:29

Uganda Leads Efforts in Extractives Industry Auditing tullow oil 3 1 Top story

The absence of global guidelines and manuals for auditing the oil, gas and minerals have been singled out as one of the challenges for national audit offices also known as Supreme Audit Institutions to track costs and expenditures in the industry.
Oct 52 results