The World Bank has asked the government of Uganda to prepare all sectors of the economy in order to tap the gains that come with the growth of the Oil and gas industry. The recommendations are entailed in a paper published by the Bank. The report aims at providing policy recommendations and strategies on key
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
Uganda parliament finds gaps in land compensation of the oil refinery construction project
As the government of Uganda plans to implement its decision to construct an Oil refinery to boost commercial gains in the budding Oil and Gas (O&G) sector, a parliamentary committee on natural resources has discovered gaps in the compensation and resettlement of people likely to be affected by the project. The Government identified 29 square
Uganda Mining and Energy Conference: Oil and Gas Expo suspended
The second edition of Uganda Mining and Energy Conference and Exhibition (UMEC) that had earlier been planned to take place on May 20-21, 2015 has been postponed to a date yet to be communicated. The conference is a brain child of the Ministry of Energy and mineral development in partnership with AME Trade Limited, a
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
Cultural institutions strife: It’s not about monarchies but control over natural resources
By Muhindo James A day after police made public a plot to poison the King of the Great Bunyoro Kitara Kingdom, Omukama Solomon Iguru Gafabusa, I was astonished to read a pronouncement by Prince David Kijanangoma of Tooro in light of his resolution to over throw Tooro Kingdom’s youthful Monarch, Omukama Oyo Nyimba Kabamba Iguru.
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
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
Some quick facts about the oil discoveries and resources in Uganda
When every one is talking about Oil in Uganda, these facts should be on our finger tips and any person who has interest in this sector may already know this but well, we thought sharing this may help someone out there who has no clue about the sector. Twenty one (21) oil and/or gas discoveries
Tullow oil cuts expenditures further as the global oil-price drop rages on
In November 2014, Tullow Oil PlC released an Interim Management Statement reviewing its capital expenditure. “In light of current oil and gas sector challenges including the commodity price environment, we are reviewing our capital expenditure and our cost base to ensure that Tullow is well-positioned for future success.” the Chief Executive Officer of Tullow Oil,