Uganda Oil News - August 2012
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Uganda Oil News - August 2012
Monthly digest of media reports on Uganda's oil industry curated by the African Centre for Media Excellence
Curated by ACMEUganda
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URN - Hoima Farmers Struggle to Sustain Food Supply to Tullow

URN - Hoima Farmers Struggle to Sustain Food Supply to Tullow | Uganda Oil News - August 2012 | Scoop.it

Farmers in Hoima are struggling to sustain the supply of produce to Tullow Uganda’s field camps, as they try to meet the required standards.

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Petroleum Africa - Ophir Exit from Uganda and DRC Complete

Petroleum Africa - Ophir Exit from Uganda and DRC Complete | Uganda Oil News - August 2012 | Scoop.it

Prior to its sale to Ophir, Dominion had done some work on its Block 4B in Uganda, which included drilling. Unfortunately for Dominion, and ultimately Ophir, the well was not a success. During H1 Ophir took steps to close the office in Uganda and relinquish Block 4B ...

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Chimpreports.com-Uganda News| Tullow Oil Sponsors 20 Ugandans For Degrees In UK

Chimpreports.com-Uganda News| Tullow Oil Sponsors 20 Ugandans For Degrees In UK | Uganda Oil News - August 2012 | Scoop.it

Twenty talented Ugandans have won scholarships to pursue Masters degrees in the UK in various fields related to the oil and gas industry and other sectors, under the Tullow Group Scholarship Scheme (TGSS). 

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Listing costs weigh on Ophir Energy - FT.com

Listing costs weigh on Ophir Energy - FT.com | Uganda Oil News - August 2012 | Scoop.it

Losses at Ophir Energy jumped to $24.4m in the first half, which the oil and gas explorer said reflected the cost of being a FTSE 250 company after its London listing last year and expenses from the takeover of Dominion Petroleum.

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Daily Monitor - Activists want open hearing of oil case

Daily Monitor - Activists want open hearing of oil case | Uganda Oil News - August 2012 | Scoop.it

Activists working on the sidelines of the oil and gas sector have questioned why arbitration proceedings in the long-standing multibillion shilling tax dispute between Uganda and Heritage Oil which opened in London yesterday are being held in camera.

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Chimpreports.com-Uganda News| - Activists Want $435m Oil Case Proceedings Open To Public

Chimpreports.com-Uganda News| - Activists Want $435m Oil Case Proceedings Open To Public | Uganda Oil News - August 2012 | Scoop.it

A closed-door London arbitration tribunal between Heritage Oil and the Government of Uganda should not deny Ugandans the right to information about the management of the country’s critical oil wealth, say campaign groups and civil society leaders. On the day of the opening of the tribunal, the groups are calling for the proceedings and the case’s outcome to be open to the public.

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The Observer - Mining conference to attract investors

The Observer - Mining conference to attract investors | Uganda Oil News - August 2012 | Scoop.it

Uganda will host its first biggest international mining conference in the first week of October as the country tries to revive an industry that once promised too much but instead struggled to find its footing. The Uganda Chamber of Mines and Petroleum (UCMP), the body that links ...

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The EastAfrican - Simmering border disputes in battle to control oil, gas

The EastAfrican - Simmering border disputes in battle to control oil, gas | Uganda Oil News - August 2012 | Scoop.it

The discovery of oil and gas in the East African region could mark the beginning of long-drawn-out diplomatic dramas triggered by territorial disputes over control of resources. Kenya, Somalia, Tanzania, Zanzibar, South Sudan and Uganda are all engaged in arguments over border, which have intensified with the discovery of minerals.

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Uganda to peg power tariffs to inflation, fuel | Reuters

Uganda to peg power tariffs to inflation, fuel | Reuters | Uganda Oil News - August 2012 | Scoop.it

Uganda will in October start pegging electricity tariffs to inflation, exchange rate and fuel prices, to attract investors in a bid to increase generation capacity, the head of the energy regulator said on Monday. East Africa's third-largest economy is ...

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Blog post - NAPE promotes ecosystems conservation in the Albertine Rift | NAPE Blog

Blog post - NAPE promotes ecosystems conservation in the Albertine Rift | NAPE Blog | Uganda Oil News - August 2012 | Scoop.it

The current way of living, driven by over consumption of resources especially by the middle-class citizens, ever increasing population and the quest to accumulate capital through market-based initiatives has created a huge imbalance on ecosystems in the cou

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The Observer - New payment platform for EA as UBA targets oil boom

The Observer - New payment platform for EA as UBA targets oil boom | Uganda Oil News - August 2012 | Scoop.it

East African central banks are working on an East African Payment System (EAPS) that will allow businesses to easily settle transactions across borders in currencies of their choice. This will eliminate the unnecessary and costly delays ...

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Daily Monitor - MPs sent to London to monitor oil case

Daily Monitor - MPs sent to London to monitor oil case | Uganda Oil News - August 2012 | Scoop.it

Parliament has sent four MPs to London to monitor the proceedings of an ongoing capital gains tax arbitration case between Heritage Oil company and Uganda.

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East African Business Week - Nigeria Bank Eyes Uganda Oil, Gas

East African Business Week - Nigeria Bank Eyes Uganda Oil, Gas | Uganda Oil News - August 2012 | Scoop.it

East African governments have been urged to fast track policy reforms that will stimulate private sector capital inflow to bridge the infrastructure financing gap for key sectors like oil and gas. The United Bnk of Africa Group Managing Director Mr. Phillips Oduoza, who visited the three East African cities of Nairobi, Kampala and Uganda in the week ...

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Oil Review Africa - Total push Ugandan oil production back to 2017

Oil Review Africa - Total push Ugandan oil production back to 2017 | Uganda Oil News - August 2012 | Scoop.it

Repeated failures to achieve Ugandan oil production targets has meant that the East Africa nation will have to wait five more years before it can reap the benefits of its much treasured oil resources...

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More Ugandans head to the UK courtesy of Tullow sponsorship – CEO Magazine

More Ugandans head to the UK courtesy of Tullow sponsorship – CEO Magazine | Uganda Oil News - August 2012 | Scoop.it

Twenty talented Ugandans who have won scholarships to pursue Masters degrees in the UK in various fields related to the oil and gas industry and other sectors, under the Tullow Group Scholarship Scheme (TGSS) are scheduled to leave Uganda for their studies ...

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Oil secrets are bad for business - Editorial |monitor.co.ug

Oil secrets are bad for business - Editorial |monitor.co.ug | Uganda Oil News - August 2012 | Scoop.it

A lousy smell continues to hang over this government’s running of anything to do with our country’s oil resources with this week’s arbitration proceedings, entered into with a private company, being held behind closed doors in London.

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Puppets spread information and, hopefully, peace in Ruwenzori | Oil In Uganda

Puppets spread information and, hopefully, peace in Ruwenzori | Oil In Uganda | Uganda Oil News - August 2012 | Scoop.it

FORT PORTAL: Inside a colonial style bungalow, partitioned into several rooms, the largest space is devoted to rows of shelves containing books, magazines and leaflets on petroleum. The library, its staff say, receives about 20 visits a day from people seeking information on Uganda’s newly discovered oil to know what is happening in the oil sector and how to benefit.

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Associated Press - Civic groups condemn Uganda oil secrecy

KAMPALA, Uganda (AP) — The closed-door arbitration between Uganda and the U.K.-listed Heritage Oil is the latest example of the secrecy plaguing the East African country's oil sector, transparency watchdogs said Tuesday.

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New Vision - Uganda to showcase mineral wealth potential

New Vision - Uganda to showcase mineral wealth potential | Uganda Oil News - August 2012 | Scoop.it

Uganda Chamber of Mines and Petroleum (UCMP) is planning for the first mineral wealth conference scheduled October in an effort to attract local and international investors.The theme of the two day event is “showing Uganda mining potential.”

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Dow Jones Newswires - Uganda, Heritage Oil Tax Dispute Proceedings Should Be Made Public - Activists

KAMPALA, Uganda--Arbitration proceedings over a tax dispute involving Uganda and London-listed Heritage Oil PLC (HOIL.LN) should be made public to give Ugandans the right to access information about the management of their country's oil, activists...

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The EastAfrican - Petroleum revenues should stay as defined in Income Tax Act - URA

The EastAfrican - Petroleum revenues should stay as defined in Income Tax Act - URA | Uganda Oil News - August 2012 | Scoop.it

Tax collecting agencies in the region are facing tough times as they seek to raise revenues at a time of high inflation and rising government expenditure.

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The Observer - Govt reviews new oil storage study

The Observer - Govt reviews new oil storage study | Uganda Oil News - August 2012 | Scoop.it

The government is currently reviewing the first part of a study that covers how the transportation and storage of petroleum commodities from the oil fields to the refinery will be undertaken as the country tries to avoid any fatal mistakes when oil production gets underway. Fichtner MEI Oil and Gas, a consultancy firm, finalised the first study in March this year

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Tullow Oil in CSR drive,donates to 600 vendors – CEO Magazine

Tullow Oil in CSR drive,donates to 600 vendors – CEO Magazine | Uganda Oil News - August 2012 | Scoop.it

When a fire gutted the Paliisa road market causing unimaginable loss to the vendors who operated in the market, on March 14, 2012, today the vendors may have cause to smile again. Oil explorer Tullow Uganda has donated construction materials worth Ushs10 million ...

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Right to send MPs to London but... - Editorial |monitor.co.ug

Right to send MPs to London but... - Editorial |monitor.co.ug | Uganda Oil News - August 2012 | Scoop.it

The decision by the Speaker of Parliament Rebecca Kadaga to send a team of four Members of Parliament to London, to monitor the proceedings of an on-going capital tax arbitration case between Heritage Oil Company and Uganda is a welcome move.

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Uganda govt intimidating rights groups, HRW says | Top News | Reuters

Uganda govt intimidating rights groups, HRW says | Top News | Reuters | Uganda Oil News - August 2012 | Scoop.it

Rights groups in Uganda are facing increased harassment and intimidation from government officials, Human Rights Watch (HRW) said on Tuesday.

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