The name marks a milestone, but Uganda’s real oil test begins when the first barrel reaches the market Kikuube, Uganda | JULIUS BUSINGE & AGENCIES | Uganda’s long-awaited entry into the global oil market has acquired a name, a commercial identity and, potentially, a new source of economic …
Read More »Uganda’s crude oil to be called ‘PEARL SWEET’
Museveni names Uganda’s crude oil Pearl Sweet ahead of first exports Hoima, Uganda | NEWS CORRESPONDENT | Uganda has named its crude oil Pearl Sweet, giving the grade a commercial identity so it can be priced, marketed and sold to international refiners as the country moves to within …
Read More »First Oil And Beyond: The social licence
COMMENT | ALI SSEKATAWA | The year is 2029. Location: Masaka City. Venue: Ssekabaka Daudi Chwa II EACOP Stadium. On a wet November afternoon as the rain beats a gentle rhythm, the Kabaka of Buganda, Ronald Muwenda Mutebi, makes a grand entrance for the finale of the Masaza Cup, the …
Read More »First oil countdown
Despite global shipping disruptions, the bulk of the materials required for First Oil are already in the country, with only a limited amount still in transit—mainly from Asia. COMMENT | ALI SSEKATAWA | As every second, minute, hour, day, and month winds down, Uganda edges closer to its promise—the dawn of oil …
Read More »Uganda ‘First Oil’ date moves to 2022 – Minister Muloni
Kampala, Uganda | THE INDEPENDENT | There is a new date for Uganda’s ‘First Oil’, which has now moved to 2022 from 2020, according to Energy Minister Irene Muloni. Addressing journalists in Kampala, Muloni said the delay is because the joint venture partners Total, China National Offshore Oil Company (CNOOC) and …
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The Independent Uganda: You get the Truth we Pay the Price