Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Digging for oil: Tullow’s 16-year acrimonious relationship with Uganda ends THE LAST WORD On Uganda’s election violence: How the president,the security services and the opposition are beneficiaries of this political pathology COMMENT Why …
Read More »How Uganda lost out in lucrative Tullow oil deal
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 …
Read More »Tough times for Africa’s upstream oil and gas
How is the Covid-19 pandemic impacting investment in large-scale oil and gas developments in sub-Saharan Africa? Ian Lewis sees tough times ahead Getting upstream oil and gas projects off the ground in sub-Saharan Africa was challenging before the Covid-19 pandemic. Now the operating environment is even tougher, as the industry contends with …
Read More »How to ensure transparency in Uganda’s oil and gas sector
COMMENT | Hillary Turyatunga | Uganda’s efforts to join the Extractives Industries Transparency Initiative (EITI) that were first expressed in the 2008 National Oil and gas policy recently saw Uganda joining the initiative, making it the 54th country in the world and 26th in Africa to subscribe. EITI is a …
Read More »Oil pipeline tenders launched – Pouyanne
Total Chairman and Chief Executive Officer says ‘Africa is to remain at the Heart of Total’s Strategy’ Kampala, Uganda | THE INDEPENDENT | The Chairman and Chief Executive Officer of Total, Patrick Pouyanné, has said “Africa is to remain at the Heart of Total’s Strategy.” He was speaking ahead of …
Read More »Museveni in Tanzania
Dar es Salaam | THE INDEPENDENT | President Yoweri Museveni is in Tanzania to sign an implementation agreement for the East Africa Crude Oil Pipeline (EACOP) project. He joined Tanzania President John Magufuli at Chato, northern Tanzania, today to witness the signing of the host and implementation agreement. (video bottom) The …
Read More »Chief Govt valuer should prioritize compensation for oil, gas projects
COMMENT | Joseph Mukasa Ngubwagye | Projects in the oil and gas sector require, among other things, land for temporary and permanent infrastructure and installations. This land acquisition is achieved through Resettlement Action Plans (RAPs) which seek to specify all resettlement arrangements and measures for avoiding, minimizing or compensating losses or …
Read More »Support local firms in the oil and gas supply chain post COVID
COMMENT | Joseph Mukasa Ngubwagye | The COVID-19 pandemic has presented unique challenges across all aspects of society. Healthcare systems have been strained, schools closed, and economies constrained. The energy sector has not been spared. Many oil producing countries have suffered big losses, and their economies have been threatened due …
Read More »Safeguard Uganda’s people, nature as petroleum sector grows
COMMENT | DANIEL ABOWE | It’s now 14 years since Uganda discovered commercially viable quantities of oil and gas along Lake Albert basin. Since then, Uganda’s oil and gas sector has transitioned from the exploration and appraisal phase to the development phase in preparation for production projected for 2023. Planned …
Read More »Uganda in tough test on oil money
Secret dirty deals could end as govt signs transparency initiative Kampala, Uganda | RONALD MUSOKE | Uganda’s recent admission into the Extractive Industries Transparency Initiative (EITI) is a “step in the right direction,” according to local civil society. But many also remain cautious. Gerald Byarugaba, the extractive industries coordinator at …
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