Uganda President Yoweri Museveni has held a meeting with Total’s Exploration and Production Africa Division Vice President Jabier Rielo over the development of a crude oil pipeline ahead of production in 2018. The meeting was also attended by the Minister for Energy and Mineral development Eng. Irene Muloni and the Permanent Secretary Ministry of Energy
Tullow Oil announce progress in East Africa oil fields as its revenues fall by 35% in half of 2015
Tullow oil plc has announced steadfast progress in its major development projects in East and West African oil fields despite decline in revenue in the first half of the year 2015. According to a statement from Tullow oil on the status of its operations, the company the has registered a fall in its revenue by 35%
Uganda defends abscence of ‘Super Majors’ in Oil and gas sector
The Principle Petroleum Officer at Uganda Ministry of Energy and Mineral Development Peninah Aheebwa has said that the absence of Super Majors in nations Oil and industry is not a sign of stagnation and ineffectiveness. Aheebwa was responding to criticism which appeared in the Observer newspaper following the listing of companies registered in the First Licensing
Uganda approves Environment framework for Oil exploration activities
The government of Uganda has endorsed a policy framework that will regulate oil and gas activities within the oil rich Albertine graben in line with internationally acceptable environment conservation standards. The government took the initiative to develop the Strategic Environmental Assessment (SEA) from 2010 to 2013. According to an official statement from the minister of
Oil and Development: Women Participation will redeem the falling Uganda Shilling
By James Muhindo…. The prevailing unprecedented depreciation of the Uganda shillings against the dollar has sent shock waves to every one of the four corners of the country. The situation is worsened by the fear that forth coming general elections are going to cause more damage, given the experience of a
Total, the Oil industry giant with over 800 subsidiaries
French multinational integrated oil and gas company Total has since inauguration in 1924 secured a position among the supermajors. Supermajors is an industrial name used to refer to the six largest Oil and Gas Industry players. These six include; BP plc, Chevron Corporation, ExxonMobil Corporation, Royal Dutch Shell plc, Total, ConocoPhillips Company. Total started as Compagnie française
About CNOOC, the Chinese offshore ‘Monopoly’
China National Offshore Oil Company CNOOC is a public entity of the republic of China, with the mandate to sell national interest in the exploration of petroleum resources overseas. CNOOC’s mandate came following the promulgation of regulations concerning offshore oil resources by the Chinese State council in 1982. The regulations granted CNOOC an exclusive right of
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The Means of Expanding Your small business into a New Area or Place.
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Tullow Oil suspends gas exports from Ghana’s Jubilee field over technical fault
Tullow oil plc has suspended gas exports from its major African field of Ghana following a persistent technical fault. The Jubilee field in Ghana is one of Tullow’s leading offshore projects from which its major capital investments are based. The company said the technical fault has also lowered its output since July 3, 2015 but