Tag Archives: oil

The Democratic Republic of Congo is opening parts of the world’s second-biggest rainforest to drilling following its offer on July 28 of licensing rights for 27 oil and three gas blocks in the region. Initially, Kinshasa had planned to give away 16 oil blocks but it appears that with the …

Vienna, Austria | Xinhua | World oil demand is projected to grow further next year, albeit at a slower pace than in 2022, according to a report published on Tuesday by the Organization of the Petroleum Exporting Countries (OPEC). OPEC said in its monthly report that it expects the global oil …

Kampala, Uganda | THE INDEPENDENT | The government, oil and gas companies continue to counter opposition to the development of the sector in Uganda, which has recently targeted religious institutions. The crusaders accuse the government of allowing activities that they say will affect the livelihoods of mainly poor Ugandans as well …

Hoima, Uganda | THE INDEPENDENT | President Yoweri Museveni has tasked religious leaders to mobilise their parishioners to embrace the Parish Developmental Model (PDM) programme that is currently being rolled out in the country. The call was part of his message during the groundbreaking ceremony and fundraising drive for the …

COMMENT | Samson Tinka | I bumped into Businge Rwabwogo, General Manager Operations at Mukwano Group of Companies at Entebbe International airport recently. One area that naturally crowned our discussions was sunseed cooking oil scarcity in Uganda and the region at large. Sometime in March this year, I had actually approached …

TotalEnergies has unveiled a biodiversity program in Tilenga development area Hoima, Uganda  | ISAAC KHISA | TotalEnergies EP Uganda will ensure that all the different kinds of life in its project area is well protected amid the ongoing oil and gas developments in the country’s pristine environment, according to its …

Hoima, Uganda | THE INDEPENDENT | Insurance is a vital aspect of society and investors in Uganda’s Oil and gas sector will require some form of insurance against unforeseen risks. As the oil and gas sector shifts into the development stage, some are predicting that the insurance sector will emerge …

Kampala, Uganda | THE INDEPENDENT | Two years since Uganda joined the Extractives Industry Transparency Initiative (EITI) it is yet to meet one of the most critical provisions of the initiative, that is disclosure of details of Production Sharing Agreements. EITI is an international initiative aimed at enhancing transparency in …

Support Small Holder Farmers to grow oil seeds such as sesame, soya bean, and sunflower to increase production of the same COMMENT | WALTER AKENA | As the country grapples with rising prices of essential commodities, in particular prices of cooking oil, and laundry soaps, several factors have been advanced …

CNOOC’s work at the Kingfisher Development Area stand at less than 10 percent ahead of commercial oil production in 2025 | THE INDEPENDENT | Land acquisition a head of oil and gas developments in the Albertine region stands at 99%, according to the oil companies. But some of the land …