South Sudan must have been waiting with bated breath or should we say eavesdropping on the conversations between Kenya, Rwanda and Uganda that have been the centre of media attention this week. The President of Uganda, Yoweri Kaguta Museveni has been hosting his colleagues Uhuru Kenyatta, the Kenyan President and Paul Kagame, the President of
Heritage mulls over possible appeal after losing case to Tullow
Whilst Tullow Oil Uganda has every reason to celebrate after winning a $313m case against Heritage Oil, Heritage won’t back down just as yet; it is now considering the option of appealing the ruling. In his judgment, Mr. Justice Burton found in favour of Tullow’s indemnity claim for US$313 million in its entirety and
Tullow prioritizes disclosure takes tighter stand against corruption
One of the major highlights that shine out of the just released Tullow Oil plc’s Corporate Responsibility Report 2012 is the emphasis on disclosure a development the company believes will go a long way in clearing the company’s corporate image in light of the various accusations of corruption that the company faced in 2012.
Tullow boss slams legislators over “unrealistic” local content provision in Oil and Gas law
The President of Tullow Oil’s Ugandan subsidiary, Hon. Elly Karuhanga had no kind words for parliament over a local content provision in the recently enacted Petroleum Exploration Development and Production Act 2013 that allows local businessmen to enter joint ventures with international firms servicing the oil and gas industry. The section of the Act