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Tag Archives: oil

Gov’t unveils oil advisory committee 

Kampala, Uganda | THE INDEPENDENT |  The government has unveiled a seven member committee to offer strategic advice on oil resource investments as the Final Investment Decision by oil companies looms. The Petroleum Fund Investment Advisory Committee (IAC) was inaugurated by the Minister of Finance Matia Kasaija at the ministry …

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Muloni unveils five oil blocks available for licensing

Kampala, Uganda | THE INDEPENDENT | The government has officially unveiled five oil blocks that are available for licensing. Energy and Mineral Development Minister Irene Muloni unveiled what she termed as “five brides” that are available in Uganda for taking, to investors gathered at the East African Petroleum Conference and …

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Time to benefit from oil & gas is now

Investors will go through most of the over US$15 billion capital expenditure during this development stage | EMMA NAHAYO MUGIZI | At a recent meeting, Ernest Rubondo, the Executive Director of the Petroleum Authority of Uganda (PAU) described the progress of our organisation and the oil and gas sector in …

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Total confident momentum for Uganda’s oil is building

  Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni’s meeting with the chief executive officer Total E&P could unlock stalled investments oil and gas sector. President Museveni and Total chairman Patrick Pouyanne met in mid-January to resolve issues that have delayed international oil companies from taking a Final Investment …

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Insurers trained on resolving oil and gas sector risks

Kampala, Uganda | THE INDEPENDENT | Over 50 local insurers have received training on how to address risks related to Uganda’s nascent oil and gas sector. The training was conducted by Insurance Broker Minet Uganda Limited, together with its correspondent partner in the United Kingdom, AON. Uganda has six billion …

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Insurance broker MINET trains insurers on matters oil

Kampala, Uganda | JULIUS BUSINGE | Insurance broker Minet Uganda Limited in partnership with AON from the United Kingdom, conducted an oil and gas training aimed at equipping insurers with knowledge about oil and gas risks. Around 40 insurance industry executives attended the workshop at Sheraton Kampala Hotel, the company said in …

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Wanted: Genuine oil investors

How pressure on oil refinery, pipeline pushed Uganda to agree to end secret deals Kampala, Uganda | RONALD MUSOKE | For ten years, civil society has been trying and failing to push the government to join the Extractives Industries Transparency Initiative (EITI), a global mechanism that requires governments and companies …

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