Tag Archives: oil

By Joan Akello Elly Karuhanga, Chairman Uganda Chamber of Mines and Petroleum (UCMP) talked to Joan Akello about its activities and the extractives industry. The date for first oil production was pushed from 2016 to 2017 and now 2021 or 2022? What do the delays mean? These delays have been …

By Ronald Musoke New oil waste treatment facility brings relief to communities In 2009, the international independent oil and gas exploration firm, Heritage Oil, then based in Calgary Canada, needed a site to dump thousands of tonnes of oil waste from its exploration activities in Uganda. It was sinking prospecting …

By Ronald Musoke In 2009, the international independent oil and gas exploration firm, Heritage Oil, then based in Calgary Canada, needed a site to dump thousands of tonnes of oil waste from its exploration activities in Uganda. It was sinking prospecting wells in the northern Uganda area of the Albertine …

By Dr. Ahmed Heikal A lot has been written and said about the potential impact the collapse in global oil prices might have on East Africa’s nascent hydro carbon industry. After five years of exciting new discoveries, the region had become one of the most promising new exploration frontiers, creating …

By Haggai Matsiko What did the country do wrong? When he arrived in Kampala from Paris in October 2014, the tough talking new Total E&P (Exploration and Production) boss Francois Rafin had one mission on hand; securing a production licence. Where the man he was replacing, Loic Laurandel, had cooed …

By Enock Nyorekwa Twinoburyo If sustained, current prices have implications for Uganda as an importer and potential medium term producer To economists, oil prices follow a random walk (volatile and unpredictable). This is the very reason many economists are reluctant to forecast oil prices. As a matter of fact, prices …

By Magelah Peter Gwayaka Legal framework should provide for proper funding and accountability mechanisms for all oil revenues Since the confirmation of commercially viable quantities of oil in Uganda in 2006, a lot of debate has gone into answering two important questions: What will be the role of the State …

By Ronald Musoke Excitement as estimate of Uganda’s oil reserves jump to 6.5 billion barrels On Aug.28, the government revised upwards the country’s petroleum resources by over 85% to about 6.5 billion barrels of oil initially in place. This was an upgrade of the 3.5 billion barrels of oil, which …

By Haggai Matsiko How close links to Mbabazi  cost Chinese US$3bn deal When Uganda’s Prime Minister Amama Mbabazi visited China in June last year, he met with Wang Yilin, the chairman of China National Offshore Oil Company (CNOOC).   At the time, The Independent heard from sources that the two discussed …

By Haggai Matsiko Loic Laurandel served as Total Exploration & Production General Manager for four years. The Independent’s Haggai Matsiko spoke to him about his tenure before he left for Bolivia. As you depart, if someone asked you, `how is the oil sector in Uganda?’ what would be your summary? …