Tag Archives: oil

  By Ronald Musoke The president of the African Development Bank, Donald Kaberuka, has advised Uganda to exploit her oil and natural gas resources in an optimal manner if the country is to avoid repeating the mistakes the first generation African oil and gas producers like Nigeria have made over …

By Ronald Musoke Politicians disagree over oil money as businesses face bankruptcy During a meeting on securing Uganda’s oil revenue on Sept.13 in Kampala, disagreement erupted among top politicians and national economic planners on how best to spend the expected bounty. But business people and civil society leaders had a …

By Haggai Matsiko New rules to force CNOOC, Total, Tullow to reveal money paid The U.S’s Securities and Exchange Commission has finally issued the long awaited new rules that outline how oil, gas and mining companies must comply with Section 1504 of the Dodd-Frank Wall Street Reform and Consumer Protection …

By Naomi N. Karekaho Government recognises the challenges in managing petroleum waste and the need to agree on a solution On June 15, The Independent magazine published an article: `Living in fear of oil waste’. The article was rooted in the conservationist ideas usually advanced by NGOs and civil society …

By Haggai Matsiko Fears of popular resistance fueling army, intelligence deployments In less than a month, the UPDF top brass and top spies have held two unusual security meetings in the oil region. During one of the meetings, on May 5 Gen. Aronda Nyakairima, the Chief of Defence Forces (CDF) …

By Haggai Matsiko Expectations of oil cash give way to anxiety as oil waste regulations delay The presence of billions of barrels of oil – the black gold- would ordinarily arouse great expectations in the minds of people everywhere. Not so in the Albertan Graben. Increasingly, a voice of communities …

By Haggai Matsiko A Minister threatens to evict 2,000 as big-wigs scramble for public land in oil region Somewhere in Hoima district the small sub county of Kyangwali is home to one of the Albertine’s biggest oil fields — Kingfisher – said to be one of the largest oil wells …

By Agather Atuhaire Firm grabs positive headlines but critics say bribery allegations remain While appearing before the Parliamentary Ad hoc Committee on Oil on April 11 to defend themselves against bribery allegations, Tullow Oil Uganda officials said the Production Sharing Agreements (PSAs) they signed with Uganda are the most unfavorable …

By Haggai Matsiko & Mubatsi Asinja Habati Corruption feared as laws vest too much power in executive over contracts The government has abandoned a key legislation for the oil sector—the Oil Revenue Management Bill—without which revenues from the sector might end up managed poorly. The government had promised to table …

By Andrew M. Mwenda Parliamentary intervention in government contracts has been consistently counterproductive because MPs do not look at all sides (…continued from last week) I argued in this column last week that parliamentary intervention stopping the signing of oil contracts is likely to make a bad situation worse. First, …