JUBA, South Sudan | Xinhua | South Sudan said Monday that substantial progress has been made together with joint oil operating companies to resume production of the lucrative Dar blend oil in northern Upper Nile State. Minister of Finance and Planning Marial Dongrin Ater said that the government is currently …
Read More »Uganda, partners, push EACOP forward despite opposition
Project has so far received pipes for 700km of the pipeline route as 80 individuals face lawsuits over compensation refusal COVER STORY | RONALD MUSOKE | The Ugandan government, together with its oil development partners, are pressing forward with the multi-billion-dollar project despite ongoing opposition. The East African country discovered billions …
Read More »Prof. Suruma tips on mishandling of PDM, oil revenue
Prof. Suruma wants oil revenue used for social protection, similar to Gadaffi style Kampala, Uganda | THE INDEPENDENT | Senior Presidential Advisor Prof. Ezra Suruma has advised the government to review the Parish Development model which, he describes as a good but mishandled project. The former Minister of Finance, Planning and …
Read More »CNOOC Uganda awards 218 students
KAMPALA, Uganda | Xinhua | The China National Offshore Oil Corporation (CNOOC) on Thursday awarded 218 students from the oil-rich districts of Hoima and Kikuube in western Uganda. According to a statement issued by CNOOC Uganda Limited, the awards, held in collaboration with local education offices, aim to promote academic …
Read More »EACOP: Govt goes to court after 80 reject compensation figures
The government through the Attorney General sued the Project Affected Persons, accusing them of declining to receive the compensation fees allocated to them during the property evaluation process, which threatens the implementation of the pipeline project. Masaka, Uganda | THE INDEPENDENT | Government had dragged 80 people in different parts …
Read More »Uganda drills 72 wells ahead of oil production
However, progress on the $4.5 billion refinery remains limited Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil sector is advancing significantly with 72 out of 457 wells drilled at the Tilenga and Kingfisher oil projects as TotalEnergies and CNOOC Uganda Limited push towards commercial production slated for 2025. Energy and Mineral …
Read More »Namibia aims to become Africa’s leading oil producer by 2035
WINDHOEK | Xinhua | Namibia is on track to become one of Africa’s leading oil producers by 2035, potentially producing more than half a million barrels of oil per day, an official said on Wednesday. This development could see the country displace Egypt from the top five oil producers on …
Read More »Rubondo: Uganda’s oil and gas sector has boosted skills development
Kampala, Uganda | THE INDEPENDENT | Ugandans may no longer need to travel abroad to acquire skills in the oil and gas sector says Ernest Rubondo, the Executive Director of the Petroleum Authority. He said the achievements of skills development in the country have not been only on manpower development. “In …
Read More »72 wells successfully drilled ahead of 1st oil production
KAMPALA, Uganda | Xinhua | Uganda said 72 oil wells in its two production areas in the country’s western and northern regions have been successfully drilled ahead of commercial production slated for next year. Ruth Nankabirwa, minister of energy and mineral development, told journalists on Wednesday during a press conference …
Read More »AfDB Report: Uganda’s economic growth to be propelled by oil, gas investments
Kampala, Uganda | THE INDEPENDENT | Uganda’s economy is quite robust after weathering through several shocks in recent years, say top economists from the Africa Development Bank Group (AFDB). While there has been concern about the increase in domestic and foreign debts, economists suggest that the Ministry of Finance and the …
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