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World Bank asks Uganda to set sectors for the Oil and gas proceeds

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The World Bank has asked the government of Uganda to prepare all sectors of the economy in order to tap the gains that come with the growth of…

Uganda parliament finds gaps in land compensation of the oil refinery construction project

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As the government of Uganda plans to implement its decision to construct an Oil refinery to boost commercial gains in the budding Oil and Gas (O&G) sector, a…

Oil prices drop in latest market shocker

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The Oil market has registered a fall in Crude prices reportedly arising from  oversupply, causing shock especially in the latest and prospective African Oil producers. Crude has registered…

MPs task government to clear anomalies in the Oil and Gas sector

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Members of parliament on the Committee on Natural Resources have asked government to prioritize the compensation and resettlement exercise of Project Affect Persons (PAPs) in the refinery and…

Will Capital and Institutional investment in Oil and gas solve our economic woes

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A World Bank pledge of a $ 600 million injection into the Uganda-Kenya gas pipeline construction deal went to the annals of history as among the major oil…

Uganda’s unending oil tax disputes: will URA survive another Total Disaster

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he tax dispute between Total E&P Uganda is just another in a series of Tax Disputes that the Uganda Revenue Authority has had to deal with in the…

Tullow’s job cuts: it was only a matter of time

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The people who are still employed by Tullow Oil have a reason to thank their God. The last couple of months have been months of uncertainty, speak of…

So Kenya bought a 2.5% stake in Uganda’s Oil refinery but why really?

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Kenya bought 2.5% stake in Uganda’s Oil Refinery and that is supposed to be good news. Indeed it is good news. Actually, Kenya’s decision to get a stake…

Cultural institutions strife: It’s not about monarchies but control over natural resources

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By Muhindo James A day after police made public a plot to poison the King of the Great Bunyoro Kitara Kingdom, Omukama Solomon Iguru Gafabusa, I was astonished…

The slump in global oil prices: was it the wake-up call Uganda needed

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February was a fairly busy month for anyone keen on developments in Uganda’s Oil and Gas sector. Obviously Tullow Oil released its 2014 Full Financial Year Results as…