Kampala, Uganda | THE INDEPENDENT | Bank of Uganda has decided not to further tighten money circulation in the economy by maintaining the Central Bank Rate at 10 percent. This decision by the Monetary Policy Committee was based on the fact that inflation is starting to slow down from the …
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Buliisa, Uganda | THE INDEPENDENT | Fred Balikenda, of Kirama Village, Kigwera Sub-county in Buliisa District is determined to die for his land unless the government and TotalEnergies pay him Sh200 million for his house and his pigs that reportedly starved to death. Balikenda is one of the nine Project …
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Lessons for Uganda’s policy-makers from the experience of her oil industry THE LAST WORD | Andrew M. Mwenda | I spent this week in Hoima (Kingfisher) and Bulisa-Bugungu visiting construction works on oil rigs and central processing facilities in the Albertine Graben. I was greatly impressed by the work that Petroleum Authority Uganda …
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Patrick Pouyanne says in Uganda and elsewhere, TotalEnergies will focus on investments in low-cost and low-carbon assets. Kampala, Uganda | THE INDEPENDENT | The French oil major TotalEnergies has affirmed its total commitment to extract Uganda’s oil despite concerns by climate activists. The company has been under intense pressure to …
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Lack of expertise, technology and industry know-how is challenge for Uganda, says Kyaruhanga Kampala, Uganda | THE INDEPENDENT | Increasing investments to boost Africa’s refinery capacity while reducing the carbon footprint of the downstream and midstream sectors is a priority for the continent to achieve energy security and environmental sustainability. In …
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Facilities are meant to reduce transport costs of petroleum products Kampala, Uganda | IAN KATUSIIME | Member States party to the Northern Corridor Transit and Transport Agreement (NCTTA) have agreed to cooperate to promote the use of the Kawuku oil jetty in Uganda and the Kisumu oil jetty in …
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Kampala, Uganda | THE INDEPENDENT | TotalEnergies EP Uganda has today unveiled 200 Ugandan youth who have been selected from the Tilenga MOOC to join the Tilenga Academy training program. The program is aimed at empowering youth with skills and international certifications to work on the Tilenga project during the …
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Algiers, Algeria | THE INDEPENDENT & URN | Algeria’s leader Abdelmadjid Tebboune has held talks with Uganda’s President Yoweri Museveni, who is on a three day visit to the north African country. The talks are said to have covered several areas of mutual interest, as Algeria reportedly plans to spend $1 …
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French Court dismissal of case against TotalEnergies shatters hope Kampala, Uganda | RONALD MUSOKE | On Feb.28, the Paris Civil Court dismissed a landmark case filed by six French and Ugandan NGOs against French oil major, TotalEnergies, for the oil project it is currently developing in Uganda. The environmental groups wanted …
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Hong Kong | THE INDEPENDENT | CNOOC Limited announced today that it has discovered Bozhong 26-6 oilfield in Bohai Sea, which brings another hundred million tons of reserves. Bozhong 26-6 oilfield is located in the south of Bohai Sea, with an average water depth of 22 meters. The main oil-bearing …
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