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Tag Archives: oil

Kaahwa threatens to evict thousands in Buliisa

Butiaba, Uganda | THE INDEPENDENT | More than 1,000 families in two villages in Butiaba Town council in Buliisa district are living in fear of being evicted forcefully from their ancestral land. The affected families are from Watembo and Boma villages in Butiaba town council. The scared residents are facing …

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GCC Services wins camp contract for major Uganda Oil Project

Agility unit will provide upstream camp support for Total Energies’ Tilenga project Dubai, United Arab Emirates | THE INDEPENDENT | GCC Services, a leader in integrated remote site services, has been selected by international engineering and construction giant McDermott  to provide camp services for the Tilenga Project Upstream Facilities in …

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Why we need African energy banks now

No more begging for foreign financing that only would be awarded if we abandon fossil fuels COMMENT | NJ AYUK | For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry. To …

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MUSEVENI: We are now ready to tap our oil

Dar es Salaam, Tanzania | THE INDEPENDENT | President Yoweri Museveni has told business leaders at the  Tanzania-Uganda Oil and Gas Symposium in Dar es Salaam that the region’s survival will depend on how fast they can push for integration. “You really need to work with the political class to unequivocally support …

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How SMEs can tap into oil and gas as first oil nears

Local firms need to enhance their capital base and strengthen corporate governance to benefit from the nascent sector Kampala, Uganda | JULIUS BUSINGE | Small and medium-sized enterprises need to enhance their capital base, embrace partnerships and adhere to high corporate governance standards to reap from the upcoming oil and …

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Libya seeks to increase oil, gas production

Oil and gas represent one major source of Libya’s revenue Tripoli, Libya | Xinhua | Libya is seeking to increase oil and gas production in the country over the next five years, Minister of Gas and Oil Mohamed Aoun said on Monday. “We plan to increase oil production to 2.1 million …

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Govt defends petroleum distributors as fuel prices shoot up

  Kampala, Uganda | THE INDEPENDENT | The Ministry of Energy and Mineral Development has defended petroleum distribution companies in Uganda against accusations that they are overcharging motorists for fuel products. The ministry says that it is still convinced that the fuel product distributors are well within acceptable margins, but that …

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CNOOC grants FID for Uganda’s oil development

Kampala, Uganda | THE INDEPENDENT | China National Offshore Oil Corporation (CNOOC) has finally closed the long-awaited Final Investment Decision (FID) for the development of Uganda’s oil and gas projects in the Albertine. Energy and Mineral Development Minister, Ruth Nankabirwa stated that the Chinese confirmed that they have authorized an FID …

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