Kampala, Ugnada | THE INDEPENDENT | In a significant step towards enhancing their diplomatic relations, Uganda and Iran have solidified their partnership by signing four crucial memoranda of understanding (MoUs). The signing followed talks between President Yoweri Kaguta Museveni and his Iranian counterpart Ebrahim Raisi at State House, Entebbe Wednesday evening. …
Read More »PAU rejects Human Rights Watch report on Uganda oil
Kampala, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda -PAU has hit back at Human Rights Watch (HRW) over alleged human rights abuses in the development of oil and gas. The Authority says the findings of the report released at the beginning of this week were based on …
Read More »Steering oil and minerals sector opportunities
Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum (UCMP) Board appointed Mr. Humphrey Asiimwe as the new Chief Executive Officer effective March 1, 2023. He spoke to JULIUS BUSINGE about his management philosophy, plans for the organization, and the two sectors; excerpts: It is slightly over four …
Read More »Human Rights Watch steps up pressure against Uganda oil pipeline
The Petroleum Authority of Uganda (PAU) insists that the oil and gas projects are being developed under close supervision of the authority and the companies are abiding by their internal, national, and international standards and policies. Hoima, Uganda | THE INDEPENDENT | US-based NGO, Human Rights Watch has urged the …
Read More »Bunyoro Kingdom tasks oil companies on plastic pollution
Hoima, Uganda | THE INDEPENDENT | The Bunyoro Kitara Kingdom has tasked oil companies operating in the region to put in place policies to ensure the conservation, and protection of the environment especially the fight against plastic pollution. Phillip Katahoire, the Kingdom’s Minister for External Relations says that the disposal, …
Read More »Heavy security deployment along Uganda-DRC border
Mpondwe, Uganda | THE INDEPENDENT | There is significant deployment of the Uganda Police Force (UPF), Uganda People’s Defense Forces (UPDF), and other sister security agencies, along the Uganda-DRC border in the Bunyoro sub-region. This follows an attack on Lhubirira Secondary School in Kasese by suspected Allied Democratic Force (ADF) …
Read More »Global oil demand to slow significantly by 2028
Kampala, Uganda | THE INDEPENDENT | The International Energy Agency (IEA) has released its latest medium-term market report, signaling a notable deceleration in the growth of global oil demand in the coming years. The Oil 2023 outlook shows that investment in clean energy is accelerating at a faster rate than …
Read More »Rubondo inspects Tilenga oil infrastructure ahead of drilling
Hoima, Uganda | THE INDEPENDENT | Earnest Rubondo, the Executive Director of the Petroleum Authority, is currently undertaking a three-day visit to the Tilenga project in the Albertine region, operated by TotalEnergies. According to sources within the Authority, the purpose of Rubondo’s visit to the Tilenga Oil Infrastructure is to assess their readiness …
Read More »OPEC+ adjusts output targets for 2024
Vienna, Austria | Xinhua | The Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, on Sunday agreed to adjust their overall production level to 40.46 million barrels per day (bpd) next year. The oil-producer alliance announced the decision in a statement released after …
Read More »Dangote launches $20bn oil refinery in Nigeria
Although it is a large crude oil producer, country has faced challenges supplying its citizens with refined oil products Lagos, Nigeria | AGENCIES | The world’s largest single train refinery was on May 22 commissioned in Nigeria. The $20 billion giant refinery was built by the Dangote Group which is owned …
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