Kampala, Uganda | THE INDEPENDENT | When petroleum resources were discovered in Uganda in 2006, a rift emerged between the government and civil society. It was inconceivable that the government, civil society, and oil companies would meet in one room to discuss how to manage the resource. The situation has “greatly’ …
Read More »Uganda oil, gas and environment, everybody must win
Kampala, Uganda | THE INDEPENDENT | Uganda is undertaking a highly controversial oil project amidst fears of likely adverse environmental effects. The debate is far from ending as the clock ticks to the first oil 2025. Will the government honor its pledge to sustainably exploit the resources? The debate has rotated …
Read More »IEA Chief: Oil and gas demand to fall by 2030
SPECIAL REPORT | THE INDEPENDENT | The International Energy Agency Chief Dr. Fathi Birol has insisted that global oil and gas demand will start to fall before 2030, marking the “beginning of the end” of the fossil fuel era. The International Energy Agency (IEA) in November last year raised hopes of an end …
Read More »Uganda set for ninth Oil and Gas Convention
Fifty exhibitors and six hundred guests are expected to attend Kampala, Uganda | THE INDEPENDENT | All is set for the ninth Oil and Gas Convention happening from April 17 – 18 at the Kampala Serena Hotel under the theme “The Journey to First Oil In The Face Of a …
Read More »Insurance players to hold 3-day symposium on oil and gas
Kampala, Uganda | THE INDEPENDENT | Insurers involved in Oil & Gas projects under their umbrella body the Insurance Consortium for Oil and Gas Uganda (ICOGU) are optimistic more premiums will be underwritten soon given the lucrative nature of the Oil and Gas Sector. Speaking ahead of the Oil and …
Read More »Oil and gas sector advances key projects ahead of production
Energy Minister Ruth Nankabirwa shares progress on the refinery, EACOP, and related projects Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil and gas sector has received a comprehensive update on the progress of key projects, including the refinery and the East African Crude Oil Pipeline (EACOP), during a briefing by Energy Minister …
Read More »Ugandan insurers make inroads in the oil and gas sector
Bulisa, Uganda | THE INDEPENDENT | Ugandan insurers are slowly making inroads in taking up risks in the oil and gas sector despite the challenge. By the end of 2023, Ugandan insurers were operating in the Tilenga, Kingfisher, and East African Crude Oil pipeline projects though there was an indication of …
Read More »Ugandan association of oil and gas service providers urged to raise standards
Kampala, Uganda | THE INDEPENDENT | The Association of Oil and Gas Providers in Uganda has warned that it is not easy for Ugandans to supply the sector. Association of Uganda Oil and Gas Service Providers (AUGOS) Vice Chairman, Dennis Kamurasi says while one can be excited about winning the …
Read More »Oil and gas take a lion’s share of FDI into Uganda
Kampala, Uganda | THE INDEPENDENT | The value of foreign direct Investments (FDI) into Uganda grew by almost 80 percent in 2022, the bulk of the money going into oil and gas and related activities, this is according to the latest joint government report. The survey conducted by the Bank of …
Read More »Oil and Gas is a Matter of ‘Life and Death’-Kasaija
Kampala, Uganda | THE INDEPENDENT | Matia Kasaija, the Minister of Finance, Planning, and Economic Development has underscored the importance of Uganda’s oil and gas exploration, emphasizing an unwavering commitment to the project’s seamless progression. During a visit to the Kingfisher Development Area (KFDA) in Buhuka village, Kyangwali sub-county in Kikuube district …
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