By Haggai Matsiko Uganda survives fatal precedent on US$404 m Heritage Oil case Uganda’s recent win in the US$404 million tax dispute against Heritage Oil and Gas Limited (HOGL) is critical not only because of the money involved but the precedent it sets for the country’s oil sector. By challenging …
Read More »2013 will be great for oil sector
By Haggai Matsiko Total Launch ready for industry survey of local capacity needs Loic Laurandel, the General Manager, Total E&P Uganda spoke to The Independent’s Haggai Matsiko about the company’s operations and the current status of the oil industry. Since you joined the Ugandan oil sector, things have been quiet. …
Read More »Did Tullow Oil bribe Museveni?
By Haggai Matsiko Allegations expose Tullow and British Foreign Office Reveal danger of Museveni directly managing the sector Reinforce need for transparency Re-awaken debate about Shs 2 trillion oil earnings The on-going tax dispute in London between Tullow Oil and Heritage has lifted a lid off the dark side of …
Read More »Oil debate shifts to northern Uganda
By Angelo Izama The issue will come to a head as parliament considers the Public Finance and Accountability Bill In Luo folklore, two feuding brothers, Gipir and Labong, quarreled and split ways. Labong had been forced to risk his life and replace a spear belonging to his brother Gipir he …
Read More »Coalition on Oil NGOs vow to fight on
By Ronald Musoke President Museveni may have talked tough accusing some MPs and civil society organizations of selling out to ‘foreign interests’ but the latter have come out to respond, saying they are determined to fight on, to ensure that all Ugandans benefit from the oil resources. While appearing before …
Read More »Civil Society Coalition on Oil hits back at Museveni jibes
By Ronald Musoke The Civil Society Coalition on Oil (CSCO), a group of Ugandan NGOs following the oil and gas sector have labeled President Museveni’s accusations that the NGOs and some MPs were representing ‘foreign interests’ during the just concluded debate on the Petroleum (Exploration, Development and Production) Bill, 2012 …
Read More »DP warns government on oil
By Aloysious Kasoma Opposition Democratic Party has warned the government to handle the oil issue with care or else it can lead to political turmoil. According to DP there is enough evidence that president Museveni has personal interests in the industry “The available evidence indicates that President Museveni has personal …
Read More »URA ready to handle Uganda’s Oil revenue
By Ronald Musoke Although Uganda is yet to pump her first oil, the Uganda Revenue Authority, just like other government agencies with a role to play in the country’s fledgling oil and gas sector has created a unit to handle oil revenues. While speaking at the hastily organized national dialogue …
Read More »‘Conserving the environment a must for Oil Companies prospecting in Africa’
By Ronald Musoke Oil companies prospecting for oil and gas in Africa need to ensure the very highest standards in environmental risk management, Tullow Oil’s director of exploration, Angus McCoss said recently. McCoss said minimizing the companies’ footprint through genuine consultation, design and technology is a first step. “The opportunity …
Read More »Uganda needs futuristic equitable Oil Laws
By Ronald Musoke Ugandans will only benefit from its oil and gas resources if the country’s Parliament comes up with a nationalistic oil and gas legal regime which is futuristic and inter-generational to ensure transparency and accountability. According to Arthur Benomugisha, the executive director of the Advocates Coalition on Development …
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