A latest communique from Uganda’s presidency suggests the country is currently working on the implementation of an earlier decision to have its crude oil export pipeline southwards to Tanga in Tanzania as opposed to Kenya. The statement relates to a bilateral meeting between Ugandan President Yoweri Museveni and his Tanzanian counterpart John Magufuli on the
Uganda Oil sector: Technology delays exploration and recovery works
The lack of sufficient technology is the major obstacle to the Exploration and Recovery exercise of Uganda’s Oil reserves in the Albertine graben. Bukenya Matovu, the head of communications at Uganda’s Ministry of Energy and Mineral Development said in a meeting with Leaders from the Western District of Kabarole on Thursday. Matovu said the Ministry is facing
Oil opportunities continue to elude job-hungry Ugandans
The Petroleum (Exploration, Production and Development) Act, 2013, which became effective in April this year, was supposed to set the momentum for the growth of local content. However, it is doubtable whether the law will be able to effectively achieve its end. The Act compels oil companies to employ Ugandans if they qualify for the