President Museveni might have used his powers to direct his minister for energy to sign an oil deal with Tullow Oil without the support of the people he rules, but the wrath of Ugandans keeps on growing every day. The members of the Democratic Party, the oldest opposition party in Uganda have vowed to petition […]
President Museveni has told the parliament of Uganda that scientists in USA recently told him that after 20 years oil would lose value. The MPs asked the president to show evidence that indeed the scientists told him and which scientists the president could not reveal anything. But he told them that it was those scientists […]
Uganda is now set for the steady development of its oil sector following the entry of CNOOC and Total into the oil processing and production industry of the country. Key oil prospecting firm Tullow Oil announce that it signed Sale and Purchase Agreements (SPAs) with CNOOC and Total in respect of the sale of a […]