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Tag Archives: oil

Albertine oil prospects mingle with water concerns

Kampala, Uganda | THE INDEPENDENT | As oil companies prepare to extract oil out of the ground, the next concern is Lake Albert’s water levels and fears that communities around the Lake could be denied access to the water resources. While everyone is eagerly waiting to see out of the …

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CSOs demand environmental conservation in Albertine region

Kampala, Uganda | THE INDEPENDENT | Civil Society Organizations operating in the oil-rich Albertine Graben are demanding for consistent efforts aimed at protecting the environment in the light of oil and gas exploration and production in the region. According to the CSOs, oil companies operating in the region have not …

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Public housing in Equatorial Guinea a mirage for the poorest

Malabo, Equatorial Guinea | AFP | In a country awash with oil, the poorest survive in shantytowns a stone’s throw from smart modern apartments and family homes supposedly built to help those most in need. The government of Equatorial Guinea had billed the rows of state-subsidised housing as never-to-be-missed home-owning opportunities for the poor. But …

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UNOC: Board to decide on Wapakabulo resignation

  Kampala, Uganda | THE INDEPENDENT | Dr Josephine Wapakabulo, the founding CEO of Uganda National Oil Company (UNOC) has written indicating she intends to resign. UNOC has however issued a statement, saying an official decision on this request is yet to be made. “We are aware that the public …

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Gov’t unveils oil advisory committee 

Kampala, Uganda | THE INDEPENDENT |  The government has unveiled a seven member committee to offer strategic advice on oil resource investments as the Final Investment Decision by oil companies looms. The Petroleum Fund Investment Advisory Committee (IAC) was inaugurated by the Minister of Finance Matia Kasaija at the ministry …

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Muloni unveils five oil blocks available for licensing

Kampala, Uganda | THE INDEPENDENT | The government has officially unveiled five oil blocks that are available for licensing. Energy and Mineral Development Minister Irene Muloni unveiled what she termed as “five brides” that are available in Uganda for taking, to investors gathered at the East African Petroleum Conference and …

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Time to benefit from oil & gas is now

Investors will go through most of the over US$15 billion capital expenditure during this development stage | EMMA NAHAYO MUGIZI | At a recent meeting, Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda (PAU) described the progress of our organisation and the oil and gas sector in …

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Total confident momentum for Uganda’s oil is building

  Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni’s meeting with the chief executive officer Total E&P could unlock stalled investments oil and gas sector. President Museveni and Total chairman Patrick Pouyanne met in mid-January to resolve issues that have delayed international oil companies from taking a Final Investment …

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