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Tag Archives: Binyina

Uganda in tough test on oil money

Secret dirty deals could end as govt signs transparency initiative Kampala, Uganda | RONALD MUSOKE | Uganda’s recent admission into the Extractive Industries Transparency Initiative (EITI) is a “step in the right direction,” according to local civil society. But many also remain cautious. Gerald Byarugaba, the extractive industries coordinator at …

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Tullow Oil exiting Uganda’s oil sector?

Oil pundits sees Tullow Oil plc.’s new share sale a strategy to exit the country’s oil sector London-Based Tullow Oil plc’s announcement that it is once again scaling down its stake in Uganda’s oil development, shedding off nearly two thirds of its shareholdings to the rival firm, Total E&P for …

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Oil and gas boom in 2017

Setting up an oil refinery remains a big headache for the country’s oil and gas resources Optimism is the mood as the countdown to Uganda’s first oil continues and pressure mounts on the government to put in place critical infrastructure necessary for oil production in four years. “The government should …

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