Kampala, Uganda | THE INDEPENDENT | The government of Uganda is working behind the scenes to revive talks in the collapsed oil companies’ deal. Minister of Finance, Matia Kasaija confirmed that government is pushing to see that oil companies go ahead to conclude their deal, a move that could breathe …
Read More »Total E&P to focus on final investment decision negotiations
Kampala, Uganda | THE INDEPENDENT | Oil company Total E&P will now focus on negotiations with government to ensure that the Final Investment Decision (FID) is made. The FID is the point at which everything is in place for a project to go ahead. It’s the project execution phase begins and …
Read More »Museveni’s state of nation speech
Why, in spite of our continued poverty, there is good reason to celebrate our gains as we plan ahead THE LAST WORD | ANDREW M. MWENDA | Last week, President Yoweri Museveni gave his State of the Nation (SOTN) speech. He gave interesting facts about Uganda’s economy, which many of …
Read More »Museveni locks out oil investors
It’s Total disaster Kampala, Uganda | HAGGAI MATSIKO | Uganda’s oil sector has been thrown into another toss up after President Yoweri Museveni cancelled a highly anticipated meeting on June 05 between him and oil production company executives; The Independent can exclusively report. The meeting was to be a …
Read More »Gov’t, Oil companies yet to agree on tax, recoverable costs
Kampala, Uganda | THE INDEPENDENT | The government and oil companies have failed to reach a consensus on key issues which could potentially create more delays for the Final Investment Decision (FID). The delay is a setback to the planned construction of the pipeline and the refinery. The contentious issues …
Read More »Gov’t explains oil production delays
Kampala, Uganda | THE INDEPENDENT | Government has explained the repeated changes in the oil production date. Robert Kasekende, the Energy Ministry Permanent Secretary, says the delays have been occasioned by a careful process that is intended to see Ugandans and government benefit fully from the oil resource. He told …
Read More »Uganda first oil 2020 ambitions thwarted- Muloni
Kampala, Uganda | THE INDEPENDENT | The delay by international Oil Companies to make a final Investment Decision (FID) has thwarted government’s ambitions for first oil by 2020. Energy and Mineral Development Minister, Irene Muloni admits it may not be possible for to have oil out of the ground by end …
Read More »Ugandan companies fight over US$20bn in oil logistics
Push for regional logistics hub status is `selfish’ says Museveni Uganda is grappling with a logistical nightmare of importing tonnes of machinery for its nascent oil industry but, in a classic move of seizing opportunity in a crisis, operators are seeking to turn the country into an East African …
Read More »Uganda oil project managers face Shs6 trillion challenge
As she juggles the two projects of her life; the construction of Uganda’s first ever oil refinery and the joint venture with international oil companies to construct the country’s first ever oil pipeline, Energy Minister Irene Muloni is working around some tough deadlines. The one that appears to be cast …
Read More »ANALYSIS: Fast tracking Uganda’s oil
Government, oil companies finally appear to be chasing some useful deadlines Uganda’s oil sector might look dull and inactive to the uninformed eye but in reality it is now a bee-hive of activities with tight deadlines to be met. At least six major oil-related engineering projects are rolling concurrently at …
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