Kampala, Uganda | THE INDEPENDENT | Following the rebasing of the Ugandan economy, it has been revealed that the industry sector, which comprises of construction, mining and quarrying, manufacturing, and electricity supply, experienced the biggest revision upwards. According to Uganda Bureau of Statistics (UBOS), industry sector’s contribution to …
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How London court punished country for failing on contract to construct pipelines for transporting wet gas to investor Nigeria | OLUDARA AKANMIDU | Nigeria has received a legal hiding after a UK court awarded a private company a US$9.6 billion judgment debt against the West African nation. The ruling has …
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Kampala, Uganda | THE INDEPENDENT | The United Nations’ Secretary-General Antonio Guterres has convened an urgent summit of World leaders to ignite global actions against unfolding waves of climate change emergencies. The Summit due to take place in the New York on Monday is expected to be attended by world …
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Paris, France | AFP | The vital transition to a zero-carbon economy is likely to be a long and rocky road. So-called green energy is booming, but not fast enough to curb climate change, which is accelerating at an alarming pace as oil, gas and coal consumption soar. – Booming renewables …
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Will he flee or fight oil firms? Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni’s plan to get Shs 446 billion from Uganda’s Petroleum Fund to finance part of the budget deficit this year may have been dashed when Tullow Oil refused to cough up Shs 600 billion in …
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Beirut, Lebanon | AFP | Syria’s eight-year war has seen the Damascus regime lose control of key oil fields and caused state hydrocarbon revenues to plummet by billions of dollars. Weak production has forced President Bashar al-Assad’s regime to import oil, but Western sanctions on Damascus and Tehran are hampering incoming …
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Kampala, Uganda | THE INDEPENDENT | The oil and gas industry potentially one of the most hazardous industry sectors will require providers of health services to meet high occupational health and safety standards. Petroleum Authority Executive Director, Dr Ernest Rubondo says while there are opportunities for health service provider to tap …
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Baghdad, Iraq | AFP | Iraq is establishing a financial “loophole” to continue buying vital gas and electricity from Iran despite US sanctions, AFP has learned, mirroring a European mechanism that came into effect Friday. The “special purpose vehicle” (SPV) would allow Iraq to pay for imported Iranian energy in …
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Kampala, Uganda | THE INDEPENDENT | The Bunyoro Kitara Kingdom is demanding the preservation and protection of all cultural Heritage sites in areas where oil and gas activities are taking place. Bunyoro Culture Minister Hajji Bruhani Kyokuhaire said that a number of sites are threatened, yet there is no deliberate …
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Investors will go through most of the over US$15 billion capital expenditure during this development stage | EMMA NAHAYO MUGIZI | At a recent meeting, Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda (PAU) described the progress of our organisation and the oil and gas sector in …
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