Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil project is seeking a 1.8-billion-dollar debt for construction to take off. The project has been estimated to cost between $3.5 billion and $4 billion, of which 60 percent comprises debt raising and 40 percent equity. Energy and Minerals Development Minister, …
Read More »
Kampala, Uganda | THE INDEPENDENT | Players in oil and gas have pleaded with the countries in the West not to starve Uganda and Africa of financing needed to get those resources out of the ground. The call has been sounded by the Energy and Mineral Development Minister, Ruth Nankabirwa, …
Read More »
Kampala, Uganda | THE INDEPENDENT | The East African Crude Export Pipeline (EACOP) Company Ltd has received an investment license from the Uganda Investments Authority, UIA, which will enable it access the various incentives offered by the government. In January this year, EACOP Ltd received a construction license from the …
Read More »
Patrick Pouyanne says in Uganda and elsewhere, TotalEnergies will focus on investments in low-cost and low-carbon assets. Kampala, Uganda | THE INDEPENDENT | The French oil major TotalEnergies has affirmed its total commitment to extract Uganda’s oil despite concerns by climate activists. The company has been under intense pressure to …
Read More »
Kampala, Uganda | THE INDEPENDENT | 146 youth in Sembabule and Kyotera districts have been enrolled to benefit from the vocational training programs by the East African Crude Oil Pipeline-EACOP project. The beneficiaries were selected from the project-affected households in the different parts of Kyotera and Sembabule districts. Enrollment is part …
Read More »
What it means in numbers and money COVER STORY | RONALD MUSOKE | As President Yoweri Museveni and his ruling NRM party celebrate their 37th year in power, the Chinese National Offshore Oil Corporation (CNOOC) has given them a befitting anniversary gift; launching the country into crude oil production stage. Uganda’s …
Read More »
Kikuube, Uganda | THE INDEPENDENT | President Yoweri Kaguta Museveni, whilst attending the Kingfisher drilling inauguration ceremony on Tuesday, has also witnessed the handover of the license to Construct the East African Crude Oil Pipeline (EACOP). The handover was done by the Minister of Energy and Mineral Development, (MEMD) Ruth …
Read More »
Kampala, Uganda | THE INDEPENDENT | Cabinet has approved the application by the East African Crude Oil Pipeline Company Limited for a license for the construction of the 296 km long East Africa Crude Oil Pipeline in Uganda. The State Minister of Information Communication Technology-ICT and National Guidance, Godfrey Baluku Kyabyanga, and …
Read More »
Kampala, Uganda | THE INDEPENDENT | The East African Crude Oil Pipeline (EACOP) company hopes to start construction works in the second quarter of this year when the compensation and resettlement exercise is expected to end. This will be almost a year since the company applied for the construction license from …
Read More »
Kampala, Uganda | THE INDEPENDENT | Students from Makerere, Ndejje and Kyambogo university will starting this year benefit from a skills and knowledge development partnership between The East African Crude Oil pipeline Company (EACOP) Ltd and the Institute of Surveyors of Uganda (ISU). The initiative will provide a three-months training and …
Read More »
The Independent Uganda: You get the Truth we Pay the Price