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...
View ArticleGovernment 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...
View ArticleNational 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...
View ArticleI’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...
View ArticleGovernment 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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