Democratic Republic of Congo (DRC) and Burundi expressed interest to join the Uganda-Tanzania Oil Pipeline project, a Tanzanian official said Tanzania Minister for Energy and Minerals, Prof Sospeter Muhongo, made the revelation in Dar es Salaam while opening a one-day meeting of ministerial Permanent Secretaries and Regional Commissioners from areas expected to be affected by
Somalia oppose United Nations’ move to freeze all oil deals
NAIROBI The government of Somalia openly opposed United Nations’ move to halt all oil deals in the country as a way of curtailing insecurity in the horn of Africa state, Finance Minister Mohamed Adan said. A new UN Monitoring Group report on Somalia, to be released in mid-October, 2015, will reiterate a recommendation first made in
Global Witness finds gaps in Uganda first Oil exploration licensing round—See full statement
Statement by Global witness…. The Government of Uganda‘s decision to publish the companies shortlisted to bid for its latest round of oil contracts is an important step forward for transparency in the country. However, the organisation highlighted the need to carefully scrutinise companies’ environmental and social records, especially given the sensitive nature of the regions
Tullow Oil affirms faith in Uganda and regional Oil sector
Tullow Oil plc has affirmed its business hopes and strength in the East African oil and gas industry in a latest statement that summarize recent operational activities and trading guidance of the new financial year 2015. The UK based Multinational noted that the legal and institutional investments in the region present a level playing field which