Vienna, Austria | Xinhua | World oil demand is projected to grow further next year, albeit at a slower pace than in 2022, according to a report published on Tuesday by the Organization of the Petroleum Exporting Countries (OPEC). OPEC said in its monthly report that it expects the global oil …
Read More »Minister Nankabirwa urges oil and gas companies to open activity areas to public
Kampala, Uganda | THE INDEPENDENT | The government, oil and gas companies continue to counter opposition to the development of the sector in Uganda, which has recently targeted religious institutions. The crusaders accuse the government of allowing activities that they say will affect the livelihoods of mainly poor Ugandans as well …
Read More »Museveni urges religious leaders to embrace PDM
Hoima, Uganda | THE INDEPENDENT | President Yoweri Museveni has tasked religious leaders to mobilise their parishioners to embrace the Parish Developmental Model (PDM) programme that is currently being rolled out in the country. The call was part of his message during the groundbreaking ceremony and fundraising drive for the …
Read More »Uganda can resolve cooking oil crisis by promoting sunflower growing
COMMENT | Samson Tinka | I bumped into Businge Rwabwogo, General Manager Operations at Mukwano Group of Companies at Entebbe International airport recently. One area that naturally crowned our discussions was sunseed cooking oil scarcity in Uganda and the region at large. Sometime in March this year, I had actually approached …
Read More »TOTAL: Nature will be in better situation than before the oil project
TotalEnergies has unveiled a biodiversity program in Tilenga development area Hoima, Uganda | ISAAC KHISA | TotalEnergies EP Uganda will ensure that all the different kinds of life in its project area is well protected amid the ongoing oil and gas developments in the country’s pristine environment, according to its …
Read More »Will Ugandan insurers benefit from oil, gas led growth?
Hoima, Uganda | THE INDEPENDENT | Insurance is a vital aspect of society and investors in Uganda’s Oil and gas sector will require some form of insurance against unforeseen risks. As the oil and gas sector shifts into the development stage, some are predicting that the insurance sector will emerge …
Read More »EITI asks Uganda to publish oil, mining contracts or be penalised
Kampala, Uganda | THE INDEPENDENT | Two years since Uganda joined the Extractives Industry Transparency Initiative (EITI) it is yet to meet one of the most critical provisions of the initiative, that is disclosure of details of Production Sharing Agreements. EITI is an international initiative aimed at enhancing transparency in …
Read More »Escalating prices of vegetable oil, soap
Support Small Holder Farmers to grow oil seeds such as sesame, soya bean, and sunflower to increase production of the same COMMENT | WALTER AKENA | As the country grapples with rising prices of essential commodities, in particular prices of cooking oil, and laundry soaps, several factors have been advanced …
Read More »Oil and gas land acquisitions near completion
CNOOC’s work at the Kingfisher Development Area stand at less than 10 percent ahead of commercial oil production in 2025 | THE INDEPENDENT | Land acquisition a head of oil and gas developments in the Albertine region stands at 99%, according to the oil companies. But some of the land …
Read More »Kabaale Airport to open up trade in the oil region
The country’s second airport is at 80% completion as the country seeks to boost growth and development in south western region Kampala, Uganda | THE INDEPENDENT | Uganda’s second largest international airport is set to open up trade and investment opportunities in the oil region upon completion. The Hoima-based airport …
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