Tag Archives: oil

Beirut, Lebanon | AFP |  Syria’s eight-year war has seen the Damascus regime lose control of key oil fields and caused state hydrocarbon revenues to plummet by billions of dollars. Weak production has forced President Bashar al-Assad’s regime to import oil, but Western sanctions on Damascus and Tehran are hampering incoming …

Kampala, Uganda | THE INDEPENDENT | The oil and gas industry potentially one of the most hazardous industry sectors will require providers of health services to meet high occupational health and safety standards. Petroleum Authority Executive Director, Dr Ernest Rubondo says while there are opportunities for health service provider to tap …

Kampala, Uganda | THE INDEPENDENT | Tullow Oil PLC has released a statement in advance of the Group’s Half Year Results, indicating it is struggling to reach a farm-down agreement. “Tullow and its Joint Venture Partners, have, so far, been unable to finalise this agreement with the Government of Uganda. We continue …

Kampala, Uganda | THE INDEPENDENT | As oil companies prepare to extract oil out of the ground, the next concern is Lake Albert’s water levels and fears that communities around the Lake could be denied access to the water resources. While everyone is eagerly waiting to see out of the …

Kampala, Uganda | THE INDEPENDENT | The Bunyoro Kitara Kingdom is demanding the preservation and protection of all cultural Heritage sites in areas where oil and gas activities are taking place. Bunyoro Culture Minister Hajji Bruhani Kyokuhaire said that a number of sites are threatened, yet there is no deliberate …

Kampala, Uganda | THE INDEPENDENT | Civil Society Organizations operating in the oil-rich Albertine Graben are demanding for consistent efforts aimed at protecting the environment in the light of oil and gas exploration and production in the region. According to the CSOs, oil companies operating in the region have not …

Malabo, Equatorial Guinea | AFP | In a country awash with oil, the poorest survive in shantytowns a stone’s throw from smart modern apartments and family homes supposedly built to help those most in need. The government of Equatorial Guinea had billed the rows of state-subsidised housing as never-to-be-missed home-owning opportunities for the poor. But …

  Kampala, Uganda | THE INDEPENDENT | Dr Josephine Wapakabulo, the founding CEO of Uganda National Oil Company (UNOC) has written indicating she intends to resign. UNOC has however issued a statement, saying an official decision on this request is yet to be made. “We are aware that the public …

Kampala, Uganda | THE INDEPENDENT |  The government has unveiled a seven member committee to offer strategic advice on oil resource investments as the Final Investment Decision by oil companies looms. The Petroleum Fund Investment Advisory Committee (IAC) was inaugurated by the Minister of Finance Matia Kasaija at the ministry …

Kampala, Uganda | THE INDEPENDENT | The government has officially unveiled five oil blocks that are available for licensing. Energy and Mineral Development Minister Irene Muloni unveiled what she termed as “five brides” that are available in Uganda for taking, to investors gathered at the East African Petroleum Conference and …