Tag Archives: oil

Baghdad, Iraq | XINHUA |  Iraq’s Ministry of Oil said on Tuesday that the country exported 89.88 million barrels of crude oil in May, bringing in revenues of about 5.88 billion U.S. dollars. The average selling price for crude oil last month was 65.45 dollars per barrel, according to a …

Policy, righting wrongs and circumventing curses as oil presents huge opportunities and significant risks COMMENT | DENNIS JJUUKO | Uganda has signed a pipeline deal with Tanzania and Total to transport crude oil from Uganda’s Albertine region to Tanzania’s Tanga port for refining, but the secrecy that surrounds this $3.5 …

Dar es Salaam, Tanzania | THE INDEPENDENT & XINHUA |  Ugandan President Yoweri Museveni on Thursday said oil revenues must be invested in avenues that create jobs and wealth. The Ugandan president said since oil is an exhaustible resource, revenues from it should be used to build the infinite resources in …

Hoima, Uganda | THE INDEPENDENT |  As the long-awaited Host Government Agreement (HGA) was being signed between Uganda’s President Yoweri Museveni, Tanzania’s Samia Suluhu  and TOTAL in Dar es Salaam today, the French oil company commenced work on its Tilenga Industrial Area in Kasenyi, Buliisa District. It is here that TOTAL will build its …

Kampala, Uganda | THE INDEPENDENT |  Tanzania today signed an agreement to host the East African Crude Oil Pipeline with its lead investor Total.    The signing of the long-awaited Host Government Agreement(HGA) on Thursday was witnessed by President Yoweri Museveni and Samia Suluhu Hassan in Dar es Salaam.    The …

After years of delay, multinational oil development in Uganda looks set to go ahead, but will local suppliers be able to reap a fair share of the business? | LIAM TAYLOR | In the 1990s Edward Kabuchu and his brother were mining tungsten in western Uganda when they were approached …

  What is govt hiding? Kampala, Uganda | RONALD MUSOKE | Hussein Lumumba Amin, a renowned socio-political analyst, recently ignited debate on one of Uganda’s most sensitive subjects since Uganda discovered commercially viable oil reserves in 2006: What exactly will be Uganda’s share of its oil resource when production finally …

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Uganda oil agreements: What is government hiding THE LAST WORD Wrong’s Rwanda hatchet job part 3: Why she chose to base book on interviews with Kagame’s enemies but not give his side ANALYSIS …

  Why experts don’t know whether to celebrate or criticise Kampala, Uganda | RONALD MUSOKE | Final agreements to kick-start production of oil in Uganda have taken over 10 years of bickering and anxious negotiation. But when they were finally signed on April 11, many watchers said they were unsure …

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY Uganda oil agreements: Why experts don’t know whether to celebrate or criticise THE LAST WORD Michela Wrong’s Rwanda hatchet job part 2: She was taken for a ride by Karegyeya, Kayumba, Sendashonga’s wife …