Kampala, Uganda | THE INDEPENDENT | An ongoing tax dispute between the Ugandan government and Tullow Oil has led to the postponement of the planned Final Investment Decision for the Albertine oil development project to the second half of 2019. The capital gains tax dispute from Tullow’s farm-down of its stake …
Read More »Back off Lake Edward basin–Campaigners tell government
Kampala, Uganda | THE INDEPENDENT | With just days before the government announces the next round of oil exploration licenses, activists have asked government to stay away from the Lake Edward basin area, where the block is found. In a letter issued over the weekend, the activists under Coalition of …
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 »Kiggundu moves to fix Karuma dam cracks
Museveni’s new team at Energy ministry grills Chinese contractors The midday sun is beating down hard at Karuma; site of what will be Uganda’s biggest electricity dam; the 600MW Hydropower Dam under construction. Gargantuan tower cranes stand several feet high, hoisting thick blocks of pre-fabricated concrete and iron bars atop …
Read More »