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Tag Archives: gas

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 …

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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 …

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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 …

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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 …

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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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Uganda ready to battle all the way to first oil

SPECIAL FEATURE | THE INDEPENDENT |  Uganda is determined to exploit its oil and gas resources even with the challenges posed by the energy transition or Net Zero debate. The determination by Uganda to tap into the black gold resources for development will be defended at the upcoming UN Climate …

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