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Tag Archives: oil

Oil sector boost

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 …

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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 …

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‘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 …

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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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