Even before the first drops flow, Uganda's oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees, and the alleged interference of a president whose firm control of the sector worries transparency campaigners.
The discovery of the oil and gas resource in Uganda presents diverse opportunities for the communities the country if good practices are adopted. In the local content clauses embedded into the oil and gas sector agreements between government and the oil companies ...
Just how much do the East African Community governments stand to gain from oil and gas exploration and extraction deals with foreign oil majors?
Will the governments use the revenue to lift millions of people out of poverty? Will the return on investment on the countries’ natural resources and the huge government spending on infrastructure ease exploration and extraction?
Africa needs to invest heavily in its infrastructure if it is to grow its oil and gas production, as well as increase demand for these energy resources, Thomson Reuters head of business development for commodities and energy in Africa Michel Karera...
Environmentalists have urged the government and oil firms to ensure that the environment is not damaged during oil exploration activities in the Albertine grabben. According to the World Wide Fund (WWF), the Albertine Rift Valley ...
Local government leaders, who hail from the Albertine sub-region, have asked Parliament to review the Public Finance Bill and increase their share of royalties from 7% of the total revenue earned from sales of petroleum to at least 15%. The district leaders, meeting at Colline hotel in Mukono last week, argued that the oil belt districts deserved a bigger share of the oil cake.
Government has asked members of the public to submit their concerns about how to manage oil production without causing harm to the environment. The call follows the Strategic Environmental Assessment study, which explored possible changes that oil production could have on the environment.
A section of Uganda’s business community has criticised 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 Government is reviewing the earlier compensation to people affected by the planned construction of the Hoima- Kaiso-Tonya road that leads to the oil fields. After the review, residents who will be found to have been paid less will be given more money, Dan Alinange, the spokesperson of the Uganda National Roads Authority (UNRA), said.
Even before the first drops flow, Uganda’s oil sector is beset by bribery allegations against officials, tax-related cases abroad that cost the government millions in legal fees and the alleged interference of a president whose firm control of the sector worries transparency campaigners.
n today's episode in the series analyzing the first two years of president Yoweri Museveni's fourth term, Tyaba Ssettumba Abubakar looks at the developments that have shaped the country's nascent oil and gas sector.
As East Africa edges closer to oil production, concerns are increasing about the bloc’s ability to manage contracts, attract financing and handle dispute resolution to avoid the ‘oil curse’?
KENNEDY SENELWA spoke to the regional director, Geoffrey Njenga, at the Negotiation and Conflict Management Group International, a dispute resolution firm, on the outlook for the region’s gas and oil sector.
French company Total SA (TOT) reassured stakeholders Friday that it won't explore for oil in Congo's Virunga National Park, home to mountain gorillas and a Unesco World Heritage site. The park spans 790,000 hectares of unique habitats and is located in the country's north-east lake region bordering Rwanda and Uganda.
If this had been the UN, we might have sent a strongly worded statement to the Norwegians. They were absent from a forum in the heart of Africa on the corrupting effects of oil, an affliction for which Norway, more than any other nation, seemingly knows the cure. It wasn’t the UN – it was a workshop on the Ugandan oil sector at a hotel in Kampala.
Historically dominated by ‘oilmen’ – tough guys in hard hats and hard-bargaining male executives – the oil industry is slowly following other business sectors in opening its doors to women. Uganda is no exception, as is shown here by profiles of three women who are rising fast in highly technical positions.
The oil rich Albertine Region is secure from rebel attacks from the Allied Democratic Forces (ADF) despite media reports that the rebel group is actively recruiting in Kampala and parts of Eastern Uganda, says the Uganda People’s Defense Forces (UPDF) Chief Political Commissar and former spokesman, Felix Kulayigye.
Some farmers in Hoima district have started cashing in on supplying food to Tullow Oil Company, despite the fact that many of them are struggling to cope with the required standards. In July last year, Tullow Oil Company signed a contract with Hoima District Farmers Association-HODFA to supply food to its camps. Some farmers have been able to supply various food products.
Tullow Oil is taking steps to further the human resource capacity by supporting Ugandan women career skills and development in the Oil and Gas industry. Tullow said it was determined to help women to join highly skilled and specialized roles that will see them involved in the growth of the country.