Tag Archives: oil

The East African country is developing oilfields around Lake Albert in partnership with TotalEnergies and China’s CNOOC, with commercial output expected next year Kampala, Uganda | JULIUS BUSINGE | On Sep 16, TotalEnergies EP Uganda launched its 2025 Social Report, highlighting jobs, community projects and environmental safeguards in its Tilenga …

“Uganda’s oil and gas story is still being written. But it cannot be told in full without recognising the leadership that turned forgotten potential into an opportunity for generations.” COMMENT | DR FRED KABAGAMBE-KALIISA |  Veteran Ugandan journalist Tonny Owana recently shared a 1980 article by Ilakut Ben Bella, first …

  World Bank report says climate shocks could cut GDP growth by up to 3.1% unless urgent adaptation measures are taken COVER STORY | RONALD MUSOKE | Uganda has set its economic development ambitions quite high. The country’s Vision 2040 blueprint lays out a bold goal: becoming an upper middle-income country …

Buliisa, Uganda | Xinhua | An 80-meter-long mural depicting Uganda’s national bird, the crested crane, alongside a Chinese dragon symbolizing harmony, stood as the centerpiece of a cultural gala recently held in Kasinyi Village, a remote community in western Uganda’s Buliisa District. The event, organized by Chinese oil company Sinopec, …

  Value retention is not just about contracts, it is about skills, jobs, and enterprise growth. More than 17,000 direct jobs have been created, alongside 39,567 indirect jobs. COMMENT | YUSUF MASABA | Uganda’s oil and gas story is often told through the lens of barrels, pipelines, and global energy …

Kampala, Uganda | THE INDEPENDENT | Tax experts have voiced concerns about the government’s failure to significantly increase domestic revenue mobilisation levels amid dwindling external assistance sources. Uganda’s domestic revenues have remained at around 13 percent of the economy’s value for years despite government efforts to increase the ratio to …

  COMMENT | DICKENS AMANYA | For a long time, petroleum (oil and gas) host districts have been clamoring for budget allocation to participate in oil activities as provided for under the petroleum policy. In spite of the loud cry, the 2025/2026 budget did not capture a vote for petroleum-related …

Hoima, Uganda | THE INDEPENDENT | Tour operators expressed mixed reactions about the development of oil and gas in the Albertine Graben. The Albertine Graben has 10 out of the 22 protected areas (national parks and wildlife reserves) in Uganda which are tourism destinations in Uganda. The region is also …

Shifting from dirty fossil fuels to cleaner renewable energy is the ultimate end goal under the global Just Transition campaign. But, Africa has another priority: eradicate energy poverty first. New cross-border oil and gas pipeline projects aim to do just that, as a way to support Africa’s unique transition to …

VIENNA, Austria | TASS | Oil and gas will continue to account for more than 50% of the global energy balance from 2024 through 2050, while oil alone is expected to contribute slightly less than 30% by 2050, according to the OPEC World Oil Outlook (WOO) long-term forecast. OPEC expects …