Kampala, Uganda | THE INDEPENDENT | The Association of Oil and Gas Providers in Uganda has warned that it is not easy for Ugandans to supply the sector. Association of Uganda Oil and Gas Service Providers (AUGOS) Vice Chairman, Dennis Kamurasi says while one can be excited about winning the …
Read More »Oil and gas take a lion’s share of FDI into Uganda
Kampala, Uganda | THE INDEPENDENT | The value of foreign direct Investments (FDI) into Uganda grew by almost 80 percent in 2022, the bulk of the money going into oil and gas and related activities, this is according to the latest joint government report. The survey conducted by the Bank of …
Read More »Oil and Gas is a Matter of ‘Life and Death’-Kasaija
Kampala, Uganda | THE INDEPENDENT | Matia Kasaija, the Minister of Finance, Planning, and Economic Development has underscored the importance of Uganda’s oil and gas exploration, emphasizing an unwavering commitment to the project’s seamless progression. During a visit to the Kingfisher Development Area (KFDA) in Buhuka village, Kyangwali sub-county in Kikuube district …
Read More »Tanzania pushes East Africa into an era of gas-fueled vehicles. But can it last?
Tanzania is moving forward with plans to use its extensive natural gas reserves as a substitute for gasoline in transportation. However, there are concerns about its long-term sustainability. Kampala, Uganda | THE INDEPENDENT | Tanzania has pushed East Africa into a new era of gas-powered mobility with the commissioning of …
Read More »Uganda ready to battle all the way to first oil
SPECIAL FEATURE | THE INDEPENDENT | Uganda is determined to exploit its oil and gas resources even with the challenges posed by the energy transition or Net Zero debate. The determination by Uganda to tap into the black gold resources for development will be defended at the upcoming UN Climate …
Read More »Environmentalists Advocate for Subsidized Electricity and Gas for Citizens
Kampala, Uganda | THE INDEPENDENT | Environmental experts in Uganda sounded the alarm, warning that the very heart of the nation’s ecological balance is under imminent threat due to relentless deforestation driven by the insatiable demand for firewood and charcoal. Forefronting this clarion call is Nanteza Patricia, the resolute Executive Director …
Read More »African top economist urges Uganda to fast-track oil and gas
Kampala, Uganda | THE INDEPENDENT | The Africa Development Bank has warned it is “a race with time” for Uganda to begin pumping its oil out of the ground or risk future losses. Edward Sennoga, Second Lead Economist for the AfDB’s East African office said there is an opportunity for …
Read More »Minister Lokeris and NSSF target oil contractors for contributions
Kampala, Uganda | THE INDEPENDENT | Subcontractors in the oil and gas sectors have been urged to ensure monthly contributions to the National Social Security fund. It is emerging that some of the companies that got part of the lucrative deals in the oil and gas development at Tilenga and …
Read More »Focus for UCMP’s 90 Days of Oil and Gas
Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum is running the third edition of 90 Days of Oil and Gas Media Campaign with the main objective of giving an update on the sector’s projects, emerging opportunities, challenges, and possible solutions. Under the theme, “Facts Behind Uganda’s Oil …
Read More »Oil and Gas creates 12,000 jobs in the Albertine
Kampala, Uganda | THE IDEPENDENT | The oil and natural gas sector has so far employed over twelve thousand people during the construction of facilities to get oil out of the ground. Most jobs, according to the Petroleum Authority have followed the February 2023 Final Investment Decision by the Joint Ventures …
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