Kikuube, Uganda | THE INDEPENDENT | Last week, a group of journalists from Kampala and Bunyoro region were taken for a tour to Kingfisher Development Area (KFDA) which is located at Buhuka Parish, Kyangwali sub county, Buhaguzi County, Kikuube district. Located approx. 100Kms from Hoima town, the KFDA is operated by …
Read More »Parliament approves East African Crude Oil Pipeline Bill
Kampala, Uganda | THE INDEPENDENT | Parliament has approved the East African Crude Oil Pipeline (EACOP) Bill to pave way for the full implementation of the oil pipeline project in Uganda. The law will facilitate the implementation of Uganda’s obligations under the Host Government Agreement signed between Uganda, Tanzania and the …
Read More »How SMEs can tap into oil and gas as first oil nears
Local firms need to enhance their capital base and strengthen corporate governance to benefit from the nascent sector Kampala, Uganda | JULIUS BUSINGE | Small and medium-sized enterprises need to enhance their capital base, embrace partnerships and adhere to high corporate governance standards to reap from the upcoming oil and …
Read More »Regional Oil and Gas SME conference kicks off this Thursday in Kampala
Kampala, Uganda | THE INDEPENDENT | The much-anticipated East African SME Oil and Gas Conference kicks off Thursday this week, in Kampala, organized by Stanbic Uganda Holdings in partnership with Uganda National Oil Company (UNOC), the Petroleum Authority of Uganda, CNOOC, and the Uganda Investment Authority (UIA). Participation will be both …
Read More »COP26 message for Uganda
Frontline communities ask investment banks to stop financing climate crisis Kampala, Uganda | RONALD MUSOKE | As the UN climate change conference in Glasgow, Scotland, came to a somewhat disappointing close on Nov.12, indigenous community rights activists gathered outside the offices of banking giants, JPMorgan Chase, in Glasgow, to demand …
Read More »CNOOC grants FID for Uganda’s oil development
Kampala, Uganda | THE INDEPENDENT | China National Offshore Oil Corporation (CNOOC) has finally closed the long-awaited Final Investment Decision (FID) for the development of Uganda’s oil and gas projects in the Albertine. Energy and Mineral Development Minister, Ruth Nankabirwa stated that the Chinese confirmed that they have authorized an FID …
Read More »Philippe Groueix takes over at TotalEnergies EP Uganda
New boss determined to pump out Uganda’s oil in four years Kampala, Uganda | RONALD MUSOKE | Philippe Groueix took over from Pierre Jessua on Sept. 01 as the General Manager of TotalEnergies EP Uganda with one critical goal on his mind: commercializing Uganda’s oil resources by 2025. Uganda first …
Read More »CNOOC still consulting before decision on Lake Albert FID
Hoima, Uganda | THE INDEPENDENT | Uganda’s Lake Albert oil project may not receive a final investment decision (FID) from China National Offshore Oil Corporation as early as earlier anticipated. Its joint Venture Partner, Totalenergies has started developing the site for the Tilenga project. CNOOC has not awarded any contract …
Read More »Oil firm CNOOC rewards Hoima district’s best students
Hoima, Uganda | THE INDEPENDENT | CNOOC Uganda, an oil and gas company has recognized and awarded 180 best performing Hoima and Kikuube students at PLE, UCE and UACE level under its corporate social responsibility programme code-named “CNOOC Best Performer’s Award”. The CNOOC Best Performers Award was inaugurated in …
Read More »New licensing roadmap set as Uganda woos oil investors
Hoima, Uganda | THE INDEPENDENT | The Energy Ministry has drawn a new roadmap for the second competitive oil bidding round for five blocks in the Albertine region. The five oil blocks along its western border with Congo and parts of the West Nile region have been on offer since …
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