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Tag Archives: gas

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 …

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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 …

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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 …

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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 …

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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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