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Tag Archives: oil

Africa Energy Bank awaits two country signatures

Cairo, Egypt | THE INDEPENDENT | The Africa Energy Bank is finally ready for implementation, following the signing of the Establishment Agreement between the Pan-African Bank, Afrexim, and the oil-producing countries of the continent. The agreement between the Africa Petroleum Producers’ Organization (APPO) and the Africa Import and Export Bank (Afreximbank) …

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Uganda oil, gas and environment, everybody must win

Kampala, Uganda | THE INDEPENDENT | Uganda is undertaking a highly controversial oil project amidst fears of likely adverse environmental effects. The debate is far from ending as the clock ticks to the first oil 2025. Will the government honor its pledge to sustainably exploit the resources? The debate has rotated …

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Norway gives Uganda green light on first oil in 2025

Kampala, Uganda | THE INDEPENDENT | The Norwegian Oil for Development Programme (OfD) is ending over thirty years of support to Uganda’s Petroleum sector, that is now ready for take off. Gunnar Sjögren, the Project Director of International Cooperation at the Norwegian Offshore Directorate (NOD)  said Uganda’s petroleum sector’s building …

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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 on right track to energy stability’

Kampala, Uganda | THE INDEPENDENT |  The government has given a rosy picture of Uganda’s energy security in the medium term, citing several interventions and other developments in the sector. Experts have said Uganda is energy insecure especially because of the lack of a direct route to the sources of …

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Tilenga landowners storm Hoima High Court in compensation dispute

Buliisa, Uganda | THE INDEPENDENT |  Landowners living under the threat of eviction in the Albertine Graben’s Buliisa district stormed the High Court Hoima demanding a judicial review against a Court ruling that permitted the government to evict them from their land. Some of the infrastructure by TotalEnergies’ Tilenga project …

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