Kampala, Uganda | THE INDEPENDENT | The government is considering a policy that will allow authorities regulate the costs of some essential commodities like petroleum, to protect consumers from exploitation. This follows the uncontrolled hike in prices of fuel by more than 33 percent over the last one year, with the …
Read More »Disaster policy will ensure oil companies pay for any spills
Hoima, Uganda | THE INDEPENDENT | The government has launched the National Oil Spill Contingency Plan, a disaster preparedness and management framework, in case of an oil spillage incident in the industry. The plan is aimed at preventing or managing disasters that may arise when a liquid or semi-liquid petroleum …
Read More »Five arrested in Lamwo for smuggling fuel from South Sudan
Lamwo, Uganda | THE INDEPENDENT | The police in Lamwo district has arrested five people for allegedly smuggling petroleum products from South Sudan into Uganda. The suspects were arrested on Wednesday in a joint operation conducted by the security personnel and enforcement officers of the Uganda Revenue Authority-URA. Lamwo Resident District Commissioner …
Read More »UNOC to retain money from petroleum sale in new Bill
Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, 2021. During the Tuesday plenary sitting chaired by Deputy Speaker Anita Among, legislators amended the …
Read More »CSBAG cautions against allowing UNOC to retain oil revenue
Kampala, Uganda | THE INDEPENDENT | Civil Society Organizations have cautioned that allowing the Uganda National Oil Company (UNOC) to retain petroleum revenue will mark the beginning of an oil curse in Uganda. They have now asked the finance committee of Parliament to reject a proposal by the government to have UNOC …
Read More »Lagos waterfront evictions highlight Nigeria oil and land squabbles
Lagos, Nigeria | AFP | The lagoon waters at the port entrance to Lagos, Nigeria’s economic capital, are usually teeming with small fishing boats. But the bustling waterfront slums of Lagos are now quiet after the navy evicted tens of thousands of residents from their homes in recent weeks. The evictions …
Read More »Civil society ask government to follow law on Petroleum Fund withdrawals
NEWS BRIEFS: Anti-corruption civil society agencies have warned the government against withdrawing money from the Petroleum Fund without following a structure to oversee the expenditure as required by law. Transparency International Uganda and the Anti-Corruption Coalition Uganda top executives said Oct.21 they were alarmed at the recent announcement …
Read More »Govt issues oil exploration license to Australians Armour Energy
Uganda Government issues Kanywataba petroleum exploration license to Armour Energy Limited Kampala, Uganda | JULIUS BUSINGE | Uganda has handed over the petroleum exploration license in the Kanywataba block in the Albertine area to an Australian company – Armour Energy Limited. Speaking at a press conference at the Ministry of Energy offices in Kampala …
Read More »JOBS: 34 positions to be filled at Petroleum Authority of Uganda (PAU)
JOBS: 34 positions to be filled at Petroleum Authority of Uganda Kampala, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda (PAU) is a statutory body established under Section 9 of the Petroleum (Exploration, Development and Production) Act 2013, and in line with the National Oil and Gas Policy for Uganda which …
Read More »MUSEVENI: I love that man Trump
Museveni pushes for home-based value addition on Africa’s minerals – they belong to country Bahir Dar, Ethiopia | THE INDEPENDENT | President Yoweri Museveni has urged African leaders to stop what he described as ideological meandering. Leaders, he said, should thoroughly discuss and distill positions which can help their people …
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