Tag Archives: oil

The combined investment value of the Kingfisher, Tilenga, and East African Crude Oil Pipeline (EACOP) projects now exceeds US$15 billion Kampala, Uganda | JULIUS BUSINGE | The Petroleum Authority of Uganda (PAU) has released a ten-year performance scorecard showing that of the US$7 billion in contracts approved to date, more …

South Sudan has relied heavily on pre-payments from oil traders and banks to fund its budget, but many such loans have fallen into arrears  London, UK | Jacob Atkins |   BB Energy has won a last-minute court judgement to prevent the government of South Sudan from selling an oil cargo worth at least US$20mn, due …

  Kyotera, Uganda | THE INDEPENDENT |  The East African Crude Oil Pipeline (EACOP) Ltd., in partnership with Rotary Uganda, has officially launched the EACOP Green Schools Initiative at St. Kizito Primary School, Kasasa Sub County, Kyotera District as part of EACOP’s Social Economic Investment Programme. The initiative aims to transform …

Hoima, Uganda | THE INDEPENDENT | Vivo Energy Uganda will lead a three-day strategic visit to oil and gas operations in the Albertine Graben this week, the company announced Monday. The delegation, scheduled to tour the area from October 21-23, will be led by the company’s Managing Director, Joanita Mukasa …

The refinery will also serve regional markets, exporting refined products to Tanzania and the Democratic Republic of the Congo Kampala, Uganda | THE INDEPENDENT | Uganda’s long-awaited oil refinery is expected to begin operations in late 2029 or early 2030, marking a major milestone in the country’s ambitions to develop …

Delayed construction heightens importance of missing piece in fast-advancing oil dream Kampala, Uganda | RONALD MUSOKE | When Uganda’s Petroleum Authority shared its latest update on the Lake Albert Development Project on Sept.30, the numbers told a story of motion and momentum. From the Tilenga oilfields in Buliisa to the Kingfisher …

As Uganda celebrates 63 years of independence, attention turns to how the country has navigated its economic journey and positioned itself within East Africa’s integration and global economic agenda. The Independent’s Julius Businge spoke to Julius Kapwepwe Mishambi, a member of the East African Budget Network (EABN) – a professionals’ …

  COMMENT | NANTEZA SARAH KYOBE | A significant number of Ugandans hold the view that the benefits of oil start with the extraction of the first barrel, primarily highlighting a reduction in fuel prices at gas stations. This perspective prompts the inquiry into the commencement of initial oil production while …

ADEN, Yemen | Xinhua | Yemen’s Houthi group has recently announced sanctions on some of the United States’ largest oil companies, senior executives, and crude carriers. The decision has raised concerns over maritime security and stability in the Red Sea, one of the world’s most vital shipping corridors, as well …

    Could adoption of continental mining vision propel country’s development agenda? Kampala, Uganda | RONALD MUSOKE | It is an open secret that Uganda sits on a geological treasure map. From gold-rich belts in the country’s northeastern province of Karamoja to deposits of critical transition minerals now prized by global clean-energy …