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Tag Archives: energy

Climate: What is the Paris Agreement?

Climate: What is the Paris Agreement? Paris, France | AFP | On December 12, 2015, 195 countries gathered in the French capital to conclude the first truly universal climate treaty, the Paris Agreement, aimed at preventing the worst-case scenarios of global warming. President Donald Trump on Thursday announced the United …

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Gilbert Assi is new MD Vivo Energy Uganda

Fuel distributor, Vivo Energy Uganda, has hired a new managing director, Gilbert Assi, to replace Hans Paulsen who has been at the helm of the company over the  past three years. Paulsen has been promoted to a senior role in the company, working across all countries in Africa where it …

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France, Uganda sign Shs 6.2 billion power generation deal

The government of Uganda through its agency, the Uganda Electricity Generation Company Limited (UEGCL) has received a grant worth Shs 6.2 billion from a French development agency (AFD) to facilitate the process of undertaking feasibility studies for a number of small hydro-power generation sites. The sites are located in the …

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UMEME blames power outages on climate change at AGM

Uganda power distributor Umeme Limited has attributed the constant power outages that leave hundreds of Ugandans in the dark to global warming. During a stakeholders’ Annual General Meeting (AGM) at Sheraton Hotel on Thursday, Chairman Board of Directors Patrick Bitature said the national electricity grid could not handle increasingly stronger …

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Uganda steps up nuclear energy plans, experts visit China

Uganda energy officials engage China partners on nuclear energy development Uganda has called for partnership with China in the area of nuclear energy development for peaceful purposes. “Plans have been made in Uganda to have clean and safe energy generation sources with nuclear being one of them”, said Prisca Boonabantu, Undersecretary …

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Museveni woos investors as German companies, Uganda sign pact

 DURBAN, South Africa| PPU| Thursday | President Yoweri Museveni has asked German companies to invest in Uganda, saying the country offers a perfect investment environment. Museveni, who is attending the World Economic Forum in Durban, South Africa, made the call as he witnessed the signing of Memoranda of Understanding between …

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PetroChina profit plunges 78% to record low

Shanghai, China | AFP | State-owned Chinese energy giant PetroChina on Thursday announced it slumped to a record-low profit for 2016 as global oil price weakness slashed earnings by 78 percent. Net profit fell to 7.86 billion yuan ($1.1 billion), the Beijing-based company said in a statement to the Hong Kong …

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