Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has asked the European Parliament to stay away from Uganda’s oil industry and learn to be tolerant of other people. This comes as the debate of the EU Parliament resolution that called for the halting of the Uganda crude export pipeline earlier …
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Kampala, Uganda | THE INDEPENDENT | Tullow Oil plc (Tullow) shareholders have today approved its sale of the interest in Uganda’s oil industry, removing one of the key hurdles for the transaction to be concluded. Tullow Oil said in April that it had signed a deal to sell all its …
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Kampala, Uganda | THE INDEPENDENT | French oil major Total E&P Uganda has suspended all activities, including tenders on the East Africa Crude Pipeline (EACOP), sending shivers among the participants in the Uganda oil industry. The suspension follows the collapse of the Tullow sale deal where Total and China National Offshore …
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With only minor regulatory glitches remaining, the deal valued at $400 million, will see Total acquire all the GAPCO operations in Uganda, Kenya and Tanzania. The company’s assets include logistic terminals, 108 fuel stations, and 260,000 kilolitres of storage capacity. Final touches are being made on a deal in which …
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The Independent Uganda: You get the Truth we Pay the Price