Ugandan youths told to forget about Oil Jobs

Forgetting about jobs in a country where 62% of the youths are jobless, is the kind of news that many will resent but a reality that has to be faced. Such was the kind of message that Uganda Oil and Gas sector players were sending out to the participants of a workshop organised by the

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Environmental Management is key to managing Uganda’s oil- NEMA Executive Director

The Executive Director of the National Environmental Management Authority, Dr. Tom Okurut has said environmental management is a key factor in the development of Uganda’s Oil and Gas Sector, Resource Management and Financial Management being the other key elements in the sector. While speaking at 1st Petroleum Industry Environmental Management Conference held at Speke Resort

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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

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Bunyoro Kitara Royal University: a community university seeking for leverage in Oil and Gas Management Training

On 15th September 2014 Bunyoro Kitara Royal University opened its gates to its first lot of students. The University whose campus lies along Rukurato Road neighbours Karuzika the King’s Palace in Hoima and stands just opposite Hoima Public Library. From the conception of existence, the essence of Bunyoro Kitara Royal University has always been embedded

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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

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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

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Chinese companies to get the bulk of Uganda’s infrastructural projects because of oil

Chinese companies are likely to get a lion’s share of Uganda’s current infrastructural projects because they are willing to get repaid from future oil revenue, unlike Western businesses that expect advance payment, the Prime Minister’s office said. The government is seeking investment that will improve electricity generation and transportation networks to drive economic growth so

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