Tag Archives: Petroleum

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 …

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 …

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 …

    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 …

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 …

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 …

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 …

Chairman Uganda Chamber of Mines & Petroleum Elly Karuhanga has warned that the level of preparedness in the local oil sector is below par. “The level of preparedness is still low since only 25 firms were found eligible to supply the industry. Local suppliers aren’t equal to the task to …

Uganda has finally announced the country’s first open competitive licensing round for petroleum exploration in six blocks covering almost 3000 sq km along the country’s western frontier. Speaking to journalists at the energy ministry’s headquarters in Kampala on Feb. 24, Eng. Irene Muloni, the Minister of Energy and Mineral Development …

By Ronald Musoke A high level oil and gas conference is scheduled to take place in Arusha early next month according to information from the East African Community Secretariat. The conference will be the sixth since the region’s oil and gas profile gained international approval. Caleb Nyamajeje Weggoro, the East …