Tag Archives: oil

Kampala, Uganda | THE INDEPENDENT | Uganda’s economic future is poised between opportunity and caution, according to top officials from the Bank of Uganda and the National Planning Authority (NPA). In a wide-ranging discussion this week, Professor Augustus Nuwagaba, Deputy Governor of the Bank of Uganda, and Dr. Muwawala, Executive …

Kampala, Uganda | THE INDEPENDENT | Uganda’s anticipated June/July oil production timeline is facing uncertainty due to delays in critical emergency preparedness infrastructure. Despite assurances from government and oil companies that first oil will flow by mid-year — with revenues expected by the end of the year or in 2027 — …

The $4 billion-plus pipeline, now about 79% complete, is designed to export crude from Uganda’s Lake Albert oilfields to Tanzania’s Indian Ocean port of Tanga Kampala, Uganda | JULIUS BUSINGE | Uganda is approaching a pivotal economic moment, according to Stanbic Bank Uganda Chief Executive Mumba Kalifungwa, who said the country must …

Kampala, Uganda | THE INDEPENDENT | After ten years at the helm of the Petroleum Authority of Uganda (PAU), Ernest Rubondo is stepping down, leaving behind a legacy that has significantly shaped Uganda’s oil and gas sector, even before the first barrel of oil is produced. He will officially leave office …

Uganda’s Oil Export Process Did Not Just Delay; Due diligence was meant to maximise benefits for the country COMMENT | CAROLYNE MUYAMA | Last week, President Yoweri Kaguta Museveni met with President Samia Suluhu Hassan of Tanzania in Dar es Salaam. The main topic of their talks was the East …

CARACAS | Xinhua |  Venezuela’s National Assembly on Thursday passed a partial reform of the Organic Law on Hydrocarbons proposed by the country’s acting president Delcy Rodriguez earlier this month. “Approved unanimously. Consequently, the Organic Law on Hydrocarbons is hereby enacted for history, for the future, for our daughters and …

  COMMENT | ALI SSEKATAWA |  They say “the sun that rises slowly lasts till evening,” and 2026 is shaping up to be such a year for Uganda — one unfolding with steady confidence and carrying the weight of significant national promise. January is quietly taking its bow, February waits in the …

COMMENT | VALI NASR |  Iranians have taken to the streets to protest the collapse of the country’s currency and surging inflation, with many calling for an end to the Islamic Republic. Yet the government’s response has differed from earlier waves of unrest. Whereas Iran’s rulers were quick to suppress …

Today, confronted with deepening domestic strains and an increasingly contested global position, Washington has shed its veneer of moralism and is resorting more openly to naked force to impose its will on other countries. COMMENT | XINHUA |  Far from a triumphant display of strength and Western Hemisphere dominance as …

NEW YORK | Xinhua |  U.S. President Donald Trump on Friday promoted his plan of securing investment of at least 100 billion U.S. dollars to rebuild Venezuela’s oil industry in a meeting with U.S. oil company executives at the White House. Trump urged major U.S. oil companies to participate in …