The two countries are harmonizing relevant laws and approval processes to hasten pipeline construction Kamapala, Uganda | RONALD MUSOKE | Senior officials from Uganda’s petroleum authority (PAU) and Tanzania’s energy and water utilities regulatory authority (EWURA)—the agencies that have regulatory powers over the oil industry in the two countries—have renewed …
Read More »Oil and gas companies must adhere to environmental standards: PAU
Kikuube, Uganda | THE INDEPENDENT | The Petroleum Authority Uganda-PAU says investors in oil and gas must adhere to environmental, social, and governance concerns or face hefty fines and penalties. The authority’s director of environment, health, safety, and security, Dr. Joseph Kobusheshe says that whoever is looking at opportunities in the …
Read More »Co-operation for sustainable oil production
The case for cooperation in the sustainable exploitation of natural resources has never been stronger COMMENT | DR. JANE NAMBAKIRE MULEMWA | Following the announcement of the Final Investment Decision (FID) in February 2022, and the recent accession of the Democratic republic of Congo (DRC) into the East African Community …
Read More »EACOP: Kyotera PAPs petition Parliament over unfair compensation
Kyotera, Uganda | THE INDEPENDENT | At least 100 people along the proposed route of the East African Crude Oil Pipeline-EACOP in Kyotera district have petitioned parliament protesting the compensation rates offered to them by the project implementers. The project-affected persons in Nabigasa sub county are aggrieved by what they describe as …
Read More »‘Pace of Uganda’s critical oil and gas infrastructure impressive’
Oil projects expected to spur other sectors of the economy Kampala, Uganda | RONALD MUSOKE | The government is impressed by the pace at which the critical infrastructure necessary for oil production that is now scheduled for the first quarter of 2025 is moving, said Ramathan Ggoobi, the Permanent Secretary …
Read More »Equity signs MoU with Uganda National Oil Company
| THE INDEPENDENT | Equity Bank Uganda and the Uganda National Oil Company on April.13 signed a Memorandum of Understanding to facilitate and strengthen collaboration between the two entities in the areas of financing and enterprise development specifically for medium and small enterprises. The areas covered in the MoU include; …
Read More »Gov’t will not determine retail price of fuel – Regulator
Hoima, Uganda | THE INDEPENDENT | The prices of fuel products in Uganda will be determined by the market forces of demand and supply even when the country starts producing its own petrol, diesel and kerosene or others. How much Ugandans buy petroleum products will, therefore, depend on what is happening …
Read More »Uganda develops oil spill contingency plan
The east African nation hopes to start oil production in 2025 Kampala, Uganda | RONALD MUSOKE | Uganda finally launched its national oil spill contingency plan, detailing its preparedness to respond in the event of an oil spill. The East African nation hopes to produce its first oil in the …
Read More »PAU, Stanbic Incubator to build capacity of SMEs in oil sector
Mentorship, access to finance and markets are on offer | THE INDEPENDENT | There are more opportunities that are being availed to small and medium enterprises as Uganda expects to have first oil in 2025. The Petroleum Authority of Uganda on Feb. 22 entered a partnership agreement with Stanbic Business …
Read More »Government, investors doing little to avert oil curse: Report
Kampala, Uganda | THE INDEPENDENT | Bad land tenure systems, bad economic situation and corruption are abetting human rights violations in the areas where mining and oil and gas sector activities are happening, according to recent studies. These include environmental rights, child rights, access to property and information, and the right …
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