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 …
Read More »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 …
Read More »Oil City Hoima unhappy as fuel prices hit sh10,000
Hoima, Uganda | THE INDEPENDENT | Residents in Hoima are feeling the pinch of skyrocketing fuel prices. Fuel supply in the country has been affected by a strike at the Kenya-Uganda border, at which truck drivers protested the high charges for COVID-19 tests. Prime Minister Robinah Nabbanja reassured the country …
Read More »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 …
Read More »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 …
Read More »Uganda, Tanzania asked to relax trade laws as oil nears
Museveni: Petroleum important for 40 more years despite war by conservationists Dar es Salaam, Tanzania | THE INDEPENDENT | The private sector, specifically those in businesses relating to the oil and gas industry, want the governments of Uganda and Tanzania to lift some national laws that hinder companies from trading …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »