KAMPALA- Members of the East African Sub-Committee (EASC/TC 038) constituting delegates from the EAC member states have set tough standards for players in the oil and gas sector that they must be adhered to. The five-day meeting intended to discuss the technical comments generated in five draft standards of the Petroleum Value chain across EAC
Congo in talks with Tullow oil on purchase of blocks with Uganda border
The Congolese government has talked to Tullow Oil about purchasing a stake in the Lake Albert licences along the country’s border with Uganda, said four people with knowledge of the discussions. Total and Eni had also showed some interest, two of the people said. The blocks could be a natural fit for Tullow and Total,
NRM at 34: Energy and Infrastructure
Energy and Infrastructure key development priorities since 1986 2020: The expected oil jobs are here The oil and gas sector is finally coming to the take-off stage. With the Final Investment Decision (FID) for the oil pipeline project expected this first quarter of 2020 (between now and March), what is on the minds of several
Oil, gas sector gets refined
In April 2018, Uganda entered into a Project Framework Agreement (PFA) with the Albertine Graben Refinery Consortium (AGRC) as the Lead Investor to develop the project. As Uganda prepares to become an oil and gas producer, the main focus has been on developing the required local capacity and skills to work in the oil sector.
Invest in clean energy transition
By Sandra One in every seven people still lack electricity and most of them live in rural areas of the developing world, according to United Nations Development Programme 2020 report. Investing in solar, wind and thermal power, improving energy productivity and ensuring energy for all is vital if we are to achieve Sustainable Development Goal
Report corrupt government workers, Museveni urges investors
By Vision Reporter Added 21st January 2020 08:32 PM Making a case for Uganda as an ideal investment destination, the President said corruption, especially by government officials, had become a “bottleneck” to development and the whip was being cracked. LONDON – President Yoweri Museveni has urged investors to report government officials who seek bribes, saying punitive
Uganda’s petroleum funds exhausted – Minister Bahati
Government has exhausted resources in the Petroleum Fund, minister of state for Planning David Bahati has said. Government in the previous financial years since the establishment of the Petroleum Fund by the Public Finance Management Act (PFMA), 2015 has been withdrawing money to finance the budget. The fund is overseen by the Bank of Uganda