Kampala, Uganda | THE INDEPENDENT | The Final Investment Decision (FID) for the East African Crude oil project is expected before the end of September 2024 according to Energy Minister, Ruth Nankabirwa. Three billion dollars in debt financing is required for the financial close of the five billion dollar pipeline that …
Read More »EACOP Protest: Police arrest 47 University students
Kampala, Uganda | THE INDEPENDENT | Police have arrested 47 students from different Universities in a foiled Anti-EACOP protest. They were marching to Parliament and NEMA. The protestors, from Kyambogo, Makerere and Kampala International Universities, who had gathered at Wampewo Avenue, were surrounded before marching to parliament this afternoon. These, carrying placards …
Read More »URA walks tightrope over EACOP shipments
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority (URA) is navigating through a tightrope to ensure that individuals do not abuse the law while importing East African Crude Oil Pipeline Project EACOP equipment. It is emerging that customs officials need to be retooled on clearing equipment given that the law …
Read More »Enhance capabilities to capitalise on oil and gas sector opportunities, SMEs told
The government has raised the budget allocation for the extractive sector by 92% to Shs961 billion for this financial year Kampala, Uganda | THE INDEPENDENT | Small and Medium Enterprises (SMEs) have been encouraged to bolster their operational capabilities to fully leverage opportunities within the oil and gas sector. This call …
Read More »Activists under “Stop EACOP” campaign sue police, Attorney General over torture
Kampala, Uganda | THE INDEPENDENT | A group of activists under the “Stop EACOP” Campaign have instituted legal action against the Attorney General, as well as several police officers for alleged brutality against them. The group also says apart from taking action against the police, they are also seeking that the …
Read More »EACOP to skill, absorb Makerere students in oil project
Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline Company (EACOP) and Makerere University have entered a memorandum to build learners’ skills. The memorandum signed on Tuesday will mainly benefit learners from the College of Engineering, Design, Art, and Technology- (CEDET). Under the memorandum, Makerere University is …
Read More »‘No petroleum, no revenues for development’ Bateebe tells civil society
Kampala, Uganda | THE INDEPENDENT | Civil society actors in the Energy sector have been asked to join the government’s effort to develop Uganda oil including the East African crude oil Pipeline. The ongoing development of the oil infrastructure in the Albertine Graben has been resisted by some NGOs in Uganda …
Read More »UNOC records unexpected shs37 billion profit
Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company (UNOC) has generated a profit of Shs37.6 billion surpassing their projected revenue of Shs6.989 billion. This revelation emerged during a meeting between officials from UNOC and Members of the Public Accounts Committee (PAC) on Monday, 27 May 2024 where the …
Read More »IEA Chief: Oil and gas demand to fall by 2030
SPECIAL REPORT | THE INDEPENDENT | The International Energy Agency Chief Dr. Fathi Birol has insisted that global oil and gas demand will start to fall before 2030, marking the “beginning of the end” of the fossil fuel era. The International Energy Agency (IEA) in November last year raised hopes of an end …
Read More »EACOP victims struggle to rebuild livelihoods despite compensation
Lwengo, Uganda | THE INDEPENDENT | Despite receiving monetary compensation for properties affected by the East African Crude Oil Pipeline (EACOP) route in Lwengo and Kyotera districts, some affected individuals are expressing regret over the project’s impact on their livelihoods. Teddy Nakintu, 79, from Nnanywa A village, Ndagwe sub-county in …
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