One of the major highlights that shine out of the just released Tullow Oil plc’s Corporate Responsibility Report 2012 is the emphasis on disclosure a development the company believes will go a long way in clearing the company’s corporate image in light of the various accusations of corruption that the company faced in 2012.
According to the East African Oil and Gas Market 2013-2023 report, the market share available within the region for the next ten years has been estimated to stand at about 3.9billion USD. The report done by Visiongain gives the East African regional oil & gas market forecast from 2013 to 2023 for six countries
So, according to a survey by International tax firm Deloitte, Uganda accounted for fewer investment deals in East Africa in 2012. With the maze and craze that shrouds the oil industry; obviously Uganda’s oil was expected to be the biggest attraction for investment deals. But with the squabbles over various issues like the stabilization
The United States Energy Information Administration report on Emerging Oil and Gas Developments in East Africa has identified Uganda, Madagascar, Mozambique and Tanzania to have shown the most progress toward commercial development of the newly discovered resources of oil and gas in the East Africa region in recent years. According to the report, whereas
Over 40 firms have expressed interest in the construction and operation of a proposed $3.2b refinery project, the acting minister of energy and mineral development disclosed yesterday. Peter Lokeris said his ministry is now evaluating firms to establish their technical competence and their financial strength before a decision to award the contract is made.
Over the last one year Uganda Wildlife Authority has trained and recruited 430 new rangers with the chief mandate of monitoring oil activities and fighting poaching in the gazetted areas of UWA. The President of Uganda, Yoweri Kaguta Museveni commissioned the youthful rangers in April 2013 following a four month training that they had undergone.
There are basically five ways to deal with waxy crudes such that there is assurance of flow of oil within the pipeline. The Foster Wheeler Report discusses the five ways that Uganda would have oted to take on if it had chosen to build a crude pipeline for its oil and the five methods
In 2011, the government of Uganda undertook a feasibility study on building a Greenfield oil refinery which Swiss Engineering firm Foster Wheeler Energy Limited conducted. The study recommended that a refinery was commercially viable for Uganda given its benefits to citizens compared to building 1350 Km long crude export pipeline to Mombasa. The study further
With the discovery of oil in Kenya, Uganda and South Sudan surely East Africans are right to look forward to an “oil bonanza” that is expected to lift millions of East Africans out of poverty but the experts think that with the way the East African countries have decided to deal with their oil, the
As government prepares for the construction of an oil refinery in Hoima district, plans to build a petroleum distribution terminal at Buloba, outside Kampala, have been mooted. Irene Batebe, a petroleum officer in charge of refining at the Petroleum Exploration and Production department (PEDP), told journalists recently that a pipeline from the refinery would