Tag Archives: oil and gas

Kampala, Uganda | THE INDEPENDENT | The entrance of Uganda to the Extractive Industries Transparency Initiative – EITI, a global partnership for mineral resources accountability has excited Civil Society Coalition in oil and gas. Uganda as a prospective oil resource mining country was early this month admitted into the EITI …

Kampala, Uganda | THE INDEPENDENT | Uganda’s application to join the Extractive Industries Transparency Initiative (EITI) has been approved, a move that is expected to make open the deals Uganda has signed with different organizations in the oil and gas sector and other natural resources. Uganda becomes the 54th member …

Kampala, Uganda | THE INDEPENDENT | Africa’s multi-lateral lender, United Bank for Africa Plc, has acted as Facility Agent Bank for the Nigerian Commercial Banks in a consortium with other international banks in a $1.5 Billion Pre-Export Finance Facility for the Nigerian National Petroleum Corporation (NNPC) and its upstream subsidiary, …

Kampala, Uganda | THE INDEPENDENT | Uganda seems to be ready to make a final investment decision for her first oil and gas production, Dr. Eria Hisali, the Principal College of Business and Management Sciences at Makerere University has revealed. He said this during this year’s national oil and gas …

Kampala, Uganda | THE INDEPENDENT | Tullow Oil has set dates for meeting its shareholders as part of the planned sale of its stake in the Lake Albert Development Project in Uganda. The company according to the UK rules issued a circular and notice for its general meeting relating to …

Kampala, Uganda | THE INDEPENDENT | The COVID-19 pandemic has set in motion the largest drop in global energy investment in history with spending expected to plunge in every major sector this year – from fossil fuels to renewables and efficiency – the International Energy Agency said in a new …

Kampala, Uganda | THE INDEPENDENT | Energy and Mineral Development Minister, Dr Mary Goretti Kitutu inaugurated a new board of directors to the Petroleum Authority of Uganda. The new board which includes members from the old board is expected to steer the Authority for the next your years. This is the …

As pressure builds to phase out fossil fuels in Africa, African Business Magazine’s NJ Ayuk argues that we must not rob our continent of the benefits it can realise from oil and gas. Africans | THE INDEPENDENT | Pressure is building to phase out fossil fuels in Africa to fight …

Kampala, Uganda | THE INDEPENDENT | What if the oil and gas joint venture partners decided to begin oil production in the coming months, is the transportation sector in Uganda able to provide qualified truck drivers? The answer is no according to players in the transport and logistics sector. It is …

  Kampala, Uganda | THE INDEPENDENT  | The Uganda National Oil Company- UNOC needs a total of USD 795 million (approximately 2.93 trillion) shillings to take part in upcoming oil and gas activities. Angella Ambaho Kariisa, a communication officer at UNOC, notes that as Uganda draws closer to the Final …