Tag Archives: oil and gas

Kampala, Uganda | THE INDEPENDENT | With the governments of Uganda and Tanzania ready with oil companies to sign the Final Investment Decision (FID) for the development of the oil fields and the proposed East African Crude Oil Pipeline (EACOP), experts have warned that Ugandans might miss out on employment opportunities. …

Kampala, Uganda | THE INDEPENDENT | Uganda’s oil and gas industry is mourning the passing of Tanzania President John Pombe Magufuli, which was announced on Wednesday night. Magufuli has been instrumental in the East African Crude Oil Pipeline Project and had said construction should start this month of March. Uganda and …

Kampala, Uganda | THE INDEPENDENT | Residents and leaders in the oil-rich Buliisa district are demanding for the establishment of a Vocational Training Institute to enable them to acquire knowledge and skills to work in the oil and gas industry. Both leaders and locals in the district say that although the …

Kampala, Uganda | THE INDEPENDENT | Tullow Oil says it has completed the sale of its assets in Uganda to Total at a sum of $500 million. The sale according to a statement by the Irish oil company was concluded earlier today from Total following receipt of payment. Tullow says it …

Kampala, Uganda | THE INDEPENDENT | People who were relocated by the government to pave way for the construction of an oil refinery in the 13 villages of Kabaale Parish in Hoima district are demanding vocational training to enable them to work in the oil and gas industry. More than 7,000 …

NEWS ANALYSIS |  THE INDEPENDENT |  Uganda is expected to get USD 14.6 million (about sh55 billion) as capital gains tax on the sale of oil and gas interests in Uganda by Tullow Oil to French multinational oil and gas company TOTAL SE.  The long-drawn-out process of Tullow Oil exiting Uganda …

Kampala, Uganda | THE INDEPENDENT | Government has finally allowed Tullow to sell all its stake in Uganda’s oil and gas sector to French oil giant Total E&P. Tullow in a statement on Wednesday announced that the Ministry of Energy and Uganda Revenue Authority approved the deal valued at $575 million …

Kampala, Uganda |  THE INDEPENDENT |   Uganda should establish a prudent accounting system if the oil and gas resources are to benefit the country and its citizens. The call for transparency and accountability comes as the Petroleum Authority of Uganda commemorates five years.  The commemoration held virtually on Thursday under …

Kampala, Uganda |  THE INDEPENDENT |  Uganda is set to spend 8.07 billion Shillings in the next 18 months on different activities aimed at improving the governance of extractive industries in the country. The development follows the country’s admission to the Extractive Industries Transparency Initiative – EITI, a global partnership for …

Kampala, Uganda | THE INDEPENDENT | Ugandan companies earned a total of USD 943m (3.5 trillion shillings) in the exploration stage, the first phase of the oil and gas activities, the government has said. Ernst Rubondo, the executive director of the Petroleum Authority of Uganda (PAU) said the companies that …