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Tag Archives: oil

Somaliland finds oil

Here is how this could reset the regional balance Kampala, Uganda | THE INDEPENDENT | The presence of oil in Somaliland has been confirmed by a recent exploration. The discovery has raised the stakes in Somaliland’s claim for independence from Somalia as it holds the potential for a new stream of …

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Cabinet approves two oil exploration licenses in Albertine

Kampala, Uganda | THE INDEPENDENT | The Cabinet has finally given green light to the energy ministry to grant exploration licenses and sign production sharing agreements (PSA) for two oil exploration blocks in the Albertine Graben. According to the minister of state for National Guidance, Godfrey Kabbyanga a cabinet meeting held …

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