Uganda Ministry of Energy and Mineral Development has registered 17 companies for the Licensing Round for Petroleum Exploration, Development and Production of six blocks in the oil rich Albertine Graben. According to the Uganda Directorate of Petroleum , the Process of receiving the Request for Qualification ended on June 30, 2015. The Ministry registered seventeen valid applicants out
Uganda’s estimated oil reserves rise to 6.5 billion Barrels
Uganda’s Petroleum resources are now estimated to be at 6.5 billion barrels up from 3.5 billion barrels that was estimated in August 2012. According to a press statement of Kabagambe Kaliisa, the Permanent Secretary of the Ministry of Energy and Mineral Development that Ultimate Media has seen, the increase in the estimated petroleum resources is