Push for regional logistics hub status is `selfish’ says Museveni Uganda is grappling with a logistical nightmare of importing tonnes of machinery for its nascent oil industry but, in a classic move of seizing opportunity in a crisis, operators are seeking to turn the country into an East African …
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Presidents Yoweri Museveni and John Pombe Magufuli have signed a pact expressing their intent to go ahead with the construction of a oil pipeline from Uganda to Tanzania. The two leaders on Sunday signed a communique agreeing to start construction of the East African Crude Oil pipeline (EACOP) project that is …
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Nigerian economy glimpses dim light at end of tunnel Lagos, Nigeria | AFP | Suffering from rampant inflation, stalled investment and mass layoffs, Nigeria is still gripped by one of the worst economic crises in its history. But for the first time in months, the West African economic giant …
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Abuja, Nigeria | AFP | Italian oil group Eni’s Nigerian subsidiary Agip is planning a 150,000-barrel per day refinery as part of efforts to reduce imports, junior oil minister Emmanuel Ibe Kachikwu said. Kachikwu met representatives from Eni and said agreement had been reached to build the facility in the …
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Kampala, Uganda | PWATCHUG| Former Energy Minister, Syda Bbumba has feigned ignorance of the content in an oil production sharing agreement that led to a $157 million tax waiver to Tullow Oil Company. Bbumba is in the eye of the storm after President Yoweri Museveni, while meeting legislators on the …
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President Yoweri Museveni sought to deflect the blame and criticism aimed at him over a cash bonus given out to government officials who played a part in Uganda’s victory in international arbitration against oil companies. In a closed door session at State House Entebbe with parliamentary probe committee on the …
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Palma, Mozambique | AFP | The small, palm-fringed fishing town of Palma was meant to become a symbol of Mozambique’s glittering future, transformed by one of the world’s largest liquefied natural gas projects. But construction has fallen far behind schedule and the town’s fate is uncertain after gas prices fell …
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Lokichar, Kenya | AFP | Kenya plans to export its first oil in June, but analysts say the test phase faces major challenges and appears motivated primarily by political considerations just months ahead of elections. British company Tullow announced the discovery of oil in Kenya in March 2012, when prices …
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The Democratic Republic of Congo and Rwanda have signed a five-year joint exploration agreement for oil under Lake Kivu. The agreement follows a similar one between Tanzanian President John Pombe Magufuli and Congolese President Joseph Kabila in 2016. The two leaders signed a memorandum of understanding to jointly explore the …
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JOB TITLE: GENERAL MANAGER REPORTS TO: Board of Director of NPC (U) Ltd Deadline: May 12, 2017 Job description The General Manager (GM) will be the overall in charge of the administration of the National Pipeline Company (U) Ltd and is also the Accounting Officer of the Company. He/She will …
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The Independent Uganda: You get the Truth we Pay the Price