Uganda and other Prospective Africa oil producers should reconsider capital inputs undertaken at the upstream stage of the oil and gas industry, to insulate society from the economic mayhem this can create. The call was made at a stakeholders meeting organised by The Leo Africa Forum, an organization created to provide a platform for quality dialogues on
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
Uganda Prime Minister ask investors for cooperation in development of Oil Sector
Uganda Prime Minister Dr. Ruhakana Rugunda asked investors and major stakeholders in the country’s Oil and gas sector to work together in order to expedite the development of the sector. The Premier made the remarks at the joint meeting of the Policy Coordination Committee and the Oil and gas Technical working group. The two Policy
Will Capital and Institutional investment in Oil and gas solve our economic woes
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 infrastructure investments in the region. As states in the East African Community (EAC) bloc move to tackle major economic challenges a head of integration, the oil and
Uganda’s unending oil tax disputes: will URA survive another Total Disaster
[dropcap]T[/dropcap]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 past 5 years. The good news is that so far Uganda’s Tax body has always come out victorious and most remarkably in the Heritage case in which
Tullow’s job cuts: it was only a matter of time
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 this thing they call Job insecurity. Certainly, the fate of many in Uganda, for example, must have remained hanging in balance until last week when Tullow Oil
The slump in global oil prices: was it the wake-up call Uganda needed
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 anticipated- the kind that Tullow would love to forget. Uganda’s cabinet approved the first open licensing round for petroleum exploration putting some six blocks up for grabs
The oil curse; are Uganda’s youths feeling the pinch?
The recent activities of Jobless Brotherhood, the National Association of the Unemployed, NRM Poor Youth and the Uganda Youth Liberation Front have caused concerns that Uganda’s youth could become a disestablishing factor if widespread unemployment is not solved especially as the country starts to exploit oil and gas resources. Some experts have warned that this you
How to get a job and land opportunities in the Oil and Gas sector
Following the slump in Oil and Gas prices, companies like Tullow Oil have been downsizing and if there is any time when it is hard to get opportunities in the Oil and Gas Sector, then such is the time. However despite the ‘evil times’ in the sector there are still opportunities that exist in the
Uganda cabinet approves first open- bid licensing round for Petroleum Exploration
Cabinet has approved plans to open up six blocks in the Albertine Graben for licensing in the country’s first competitive bidding round. State Minister for Energy, Eng. Simon D’ujanga, informed parliament last week that preparations for this bidding round commenced after the new law was put in place and were now culminating with the submission