Tag Archives: oil

Uganda has moved another step closer to tapping its first oil by signing a memorandum of understanding[MOU] with all the oil companies currently involved in developing the country’s oil resources. The conclusion of the MOU which was signed on Feb.5 by the government and the Chinese National Oil Offshore Company …

By Yemisi Akinbobola Lessons for Uganda as Nigerian villagers lose lawsuit against oil giant In a stunning and dramatic legal ruling that echoed from the serene court chambers in the Netherlands to the heart of rural Niger Delta in Nigeria, the District Court of The Hague dismissed all but one …

By Kavuma-Kaggwa With the oil and gas money we should provide completely free education, health and health We are now swimming in an extremely massive financial catastrophe following the stopping of the donor funding amounting to Shs930 Billion which was being given to our country every year by European countries …

By Ronald Musoke Uganda’s slow but steady march towards commercial production of its estimated 3.5 billion barrels of oil has been given new life following the government’s recent issuance of a production licence to the Chinese firm, CNOOC. Speaking to journalists at the energy ministry offices in Kampala on Sept. …

By Job A. Kahigwa Urgent action needed as global energy game changers threaten projected benefits Since 2006 when its commercial oil discoveries were announced, Uganda has been preparing to join the ranks of the newest oil producing countries in the world. Seven years down the road (and more to come), …

By Haggai Matsiko Total E&P’s Shs 3.9 bn industry survey revives debate on local content in the oil sector With local businesses crying foul over big oil contracts and jobs going to international companies and expatriates, oil companies are drawing strategies to improve their local content input. French oil giant …

By Haggai Matsiko Uganda survives fatal precedent on US$404 m Heritage Oil case Uganda’s recent win in the US$404 million tax dispute against Heritage Oil and Gas Limited (HOGL) is critical not only because of the money involved but the precedent it sets for the country’s oil sector. By challenging …

By Haggai Matsiko Total Launch ready for industry survey of local capacity needs Loic Laurandel, the General Manager, Total E&P Uganda spoke to The Independent’s Haggai Matsiko about the company’s operations and the current status of the oil industry. Since you joined the Ugandan oil sector, things have been quiet. …

By Haggai Matsiko Allegations expose Tullow and British Foreign Office Reveal danger of Museveni directly managing the sector Reinforce need for transparency Re-awaken debate about Shs 2 trillion oil earnings The on-going tax dispute in London between Tullow Oil and Heritage has lifted a lid off the dark side of …

By Angelo Izama The issue will come to a head as parliament considers the Public Finance and Accountability Bill In Luo folklore, two feuding brothers, Gipir and Labong, quarreled and split ways. Labong had been forced to risk his life and replace a spear belonging to his brother Gipir he …