By Ronald Musoke Oil companies prospecting for oil and gas in Africa need to ensure the very highest standards in environmental risk management, Tullow Oil’s director of exploration, Angus McCoss said recently. McCoss said minimizing the companies’ footprint through genuine consultation, design and technology is a first step. “The opportunity …
Read More »Uganda needs futuristic equitable Oil Laws
By Ronald Musoke Ugandans will only benefit from its oil and gas resources if the country’s Parliament comes up with a nationalistic oil and gas legal regime which is futuristic and inter-generational to ensure transparency and accountability. According to Arthur Benomugisha, the executive director of the Advocates Coalition on Development …
Read More »Kaberuka tips Uganda on oil
By Ronald Musoke The president of the African Development Bank, Donald Kaberuka, has advised Uganda to exploit her oil and natural gas resources in an optimal manner if the country is to avoid repeating the mistakes the first generation African oil and gas producers like Nigeria have made over …
Read More »Tough choices over oil
By Ronald Musoke Politicians disagree over oil money as businesses face bankruptcy During a meeting on securing Uganda’s oil revenue on Sept.13 in Kampala, disagreement erupted among top politicians and national economic planners on how best to spend the expected bounty. But business people and civil society leaders had a …
Read More »Secret oil deals
By Haggai Matsiko New rules to force CNOOC, Total, Tullow to reveal money paid The U.S’s Securities and Exchange Commission has finally issued the long awaited new rules that outline how oil, gas and mining companies must comply with Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection …
Read More »No cause for worry over oil waste
By Naomi N. Karekaho Government recognises the challenges in managing petroleum waste and the need to agree on a solution On June 15, The Independent magazine published an article: `Living in fear of oil waste’. The article was rooted in the conservationist ideas usually advanced by NGOs and civil society …
Read More »Guns in oil region
By Haggai Matsiko Fears of popular resistance fueling army, intelligence deployments In less than a month, the UPDF top brass and top spies have held two unusual security meetings in the oil region. During one of the meetings, on May 5 Gen. Aronda Nyakairima, the Chief of Defence Forces (CDF) …
Read More »Living in fear of oil waste
By Haggai Matsiko Expectations of oil cash give way to anxiety as oil waste regulations delay The presence of billions of barrels of oil – the black gold- would ordinarily arouse great expectations in the minds of people everywhere. Not so in the Albertan Graben. Increasingly, a voice of communities …
Read More »Land grabbing in oil region
By Haggai Matsiko A Minister threatens to evict 2,000 as big-wigs scramble for public land in oil region Somewhere in Hoima district the small sub county of Kyangwali is home to one of the Albertine’s biggest oil fields — Kingfisher – said to be one of the largest oil wells …
Read More »Tullow’s oil spin
By Agather Atuhaire Firm grabs positive headlines but critics say bribery allegations remain While appearing before the Parliamentary Ad hoc Committee on Oil on April 11 to defend themselves against bribery allegations, Tullow Oil Uganda officials said the Production Sharing Agreements (PSAs) they signed with Uganda are the most unfavorable …
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