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Tag Archives: gas

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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Focus for UCMP’s 90 Days of Oil and Gas

Kampala, Uganda | THE INDEPENDENT | Uganda Chamber of Mines and Petroleum is running the third edition of 90 Days of Oil and Gas Media Campaign with the main objective of giving an update on the sector’s projects, emerging opportunities, challenges, and possible solutions. Under the theme, “Facts Behind Uganda’s Oil …

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Oil and Gas creates 12,000 jobs in the Albertine

Kampala, Uganda | THE IDEPENDENT | The oil and natural gas sector has so far employed over twelve thousand people during the construction of facilities to get oil out of the ground. Most jobs, according to the Petroleum Authority have followed the February 2023 Final Investment Decision by the Joint Ventures …

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Oil and gas financing debate

Banks are ready to finance the sector but with stringent conditions    Kampala, Uganda | JULIUS BUSINGE | Uganda’s commercial banks have reiterated their commitment to finance oil and gas projects as long as borrowers meet the terms and conditions. Bank executives who spoke during the 10th East African Petroleum and …

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