[googlemap src=”http://” width=”500″ height=”360″ align=”alignleft” ]By Zakaria Tiberindwa and Edward Tumwiine Uganda’s discovered oil reserves are estimated at 6.5 billion shillings and it is believed that if the oil is well utilized, the money from the resource could lift the country from a developing nation to middle-income status. However the country’s quest for more oil
Zambia picks interest in Uganda’s oil refinery
Zambia wants more information about Uganda’s plans to build a 60,000-bpd oil refinery that’s already attracted interest from four regional neighbors. The southern African country “has asked for more information” about the plant, Ugandan Energy Minister Irene Muloni says. Kenya, Tanzania, Rwanda and Burundi have expressed interest, she says. “Each of the countries will be offered
Women’s rights in the oil sector go beyond land rights- Activist tells government
In an article published in the Newvision the Minister of Gender, Labour and Social Development Mary Karooro Okurut was concerned that there is a total disregard of women in the compensation process for land identified for roads, drillings sites and the oil refinery in the Albertine Graben. However, Betty Akol the Assistant Projects Officer of
Oil to raise Uganda’s economic growth rate to 7%
Investment from oil explorers and expansion in the services sector will be key factors in steering Uganda’s economy to a percentage growth rate of 7% per year in three to five years’ to come. The Minister of Finance, Planning and Economic Development, Maria Kiwanuka says this is up from a projection of 6% made earlier
Museveni’s attitude on rights of mineral-rich land owners depicts a colonial kind of mentality
By James Muhindo Seven days to the 52nd independence celebrations in Uganda, President Y.K. Museveni while at the Conference on Mineral wealth, in Kampala Uganda, took the country five decades back in the struggle for human rights. As reported in one of Uganda’s Dailies, the president said that government will change the law to allow
World Bank to support Uganda’s oil projects despite protests from London NGO
The World Bank will support Uganda’s Ambitious community and infrastructural development Project in the Albertine Graben despite protests from Global Witness, a London based Non- Government Organization Through the World Bank loan, the government hopes to invest at least $153.89 million (about UShs412.5 billion) in all the nine districts in the Albertine region. However Global
Methods of fighting oil fires
When drilling first started firefighters had to think of ways to contain the fire. The standard practice 80 years ago was to extinguish the blowout with an explosion of dynamite. A fire needs a source of fuel, heat and oxygen to survive and if any of these ingredients are missing the flame will die, therefore
Why Museveni won’t compensate mineral-rich land owners
In an article published by the Daily Monitor, on Thursday October 2, 2014, the President of Uganda, Yoweri Kaguta Museveni said the government will change the law to allow intending investors in the mining industry to access private land that contains minerals without negotiating with the land owners. The President is quoted to have said “the
5 key aspects the government should consider before signing future oil contracts
The government is in the process of entering another phase of oil deals in which they will sign Production Sharing Agreements with oil companies for the production of oil in given wells. Here are some of the five key considerations the government should make before sealing those deals. Confidentiality clauses Clause 36.1 of the 2012
Uganda urged to join the Extractive Industries Transparency Initiative
The Managing Editor of Oil in Uganda, a website on oil related developments in Uganda, Chris Byaruhanga has challenged the Uganda government to open up and embrace the Extractive Industries Transparency Initiative. The Extractive Industries Transparency Initiative (EITI) is a global standard, where member governments declare income they earn from their extractive industries and