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Farmers tipped to tap into opportunities from the oil and gas sector

In order to tap into the immense opportunities, the oil and gas sector presents, farmers living along the East Africa Crude Oil Pipeline (EACOP), have been advised to improve the quality of their...

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Petroleum Authority gets new board of directors

Dr. Jane Mulemwa receives the instruments of power from Energy and mineral development minister Dr. Mary G. Kitutu Mary as chairperson of the new PAU board of directors The Minister of Energy and...

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Tullow sale vote of confidence in Uganda according to Karuhanga

Chairman Uganda Chamber of Mines & Petroleum City lawyer Dr. Elly Karuhanga is a man who needs no introduction. The first indigenous president of one of the first oil companies to do exploration in...

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Ugandans to benefit from $1 billion Local Content Fund for oil and gas sector

In the second of a three-part series of excerpts from his SME Connect interview, Oil and Gas, the Journey and Opportunities Ahead, with Head of Enterprise Development at Stanbic Bank Tony Otoa, Elly...

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Financial institutions now robust to finance oil and gas businesses in Uganda

In the last part of the three-part series of his SME Connect interview, Oil and Gas, the Journey and Opportunities Ahead, Elly Karuhanga paints a bright future for Ugandan businesses – always...

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CNOOC gives Total green light to acquire Tullow’s assets in Uganda

CNOOC Uganda Limited has given a green light to Total E&P Uganda BV to acquire Tullow Uganda Operations Pty Ltd assets in Uganda. In statement issued on Thursday, May 28, 2020, Tullow said CNOOC...

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Government withdraws Shs255 bn from Petroleum Fund to finance budget deficit

Government again withdrew Shs255 billion from the Petroleum Fund to the Consolidated Fund to finance the 2019/2020 budget deficit, a new report revealed. The withdrawal further diminished the total...

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National Oil and Gas Symposia aim at fostering research

The National Oil and Gas Symposia by Makerere University aim at developing and furthering research in the discipline at the higher institution of learning. Barnabus Nawangwe, the vice chancellor of...

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I’m not worried by the delay to oil production – Museveni

President Yoweri Museveni has said that he is not worried by the country’s delay to start oil production. “Since we discovered oil in Uganda, there has been a lot of debate. I am not worried about the...

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Government dispels talk of delaying ‘first oil’

Government of Uganda is neither frustrating nor delaying International Oil Companies (IOCs) from making a Final Investment Decision (FID) – that is expected to pay way for country to start oil...

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