By Gerald Businge on February 3, 2012
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Business & Finance, Business news, Latest Uganda News
The government of Uganda has awarded to Tullow Oil Company an oil production license for 400 million barrel kingfisher oil well found in western Uganda worth 1.5 billion US dollars. The long waited move will see a resumption of production activities in the Abertine Graben that had halted due to the expiry of Heritage […]
By Gerald Businge on December 26, 2011
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Business & Finance, Business news, Featured
Here is the most coveted document on Uganda’s oil industry, the country’s oil potential and key investment opportunities and strategies at both micro, national and regional levels. Download a PDF of the Foster wheeler Uganda Refinery study report here. The government of Uganda hired Swiss Engineering and Construction company Foster Wheeler Energy Limited (FWEL) in […]
By Gerald Businge on November 22, 2011
amama, appointing authority, Auto, bribery allegations, chairman, committee chairman, conscience, development, Discipline, discipline committee, Draft, Eng, Hillary Onek, kween, mineral development, minister of energy, MPs, NRM, onek, Parliament, party, Privileges, resolution, Uganda parliament
Latest Uganda News
The Former Minister of Energy and Mineral Development, Eng. Hillary Onek has maintained he will not resign due to pressure from Parliament over alleged oil bribery claims. Onek, who appeared before Parliament’s Rules, Privileges and Discipline committee this morning, contends that there are no provisions in the law requiring him to do so, adding that […]
By Gerald Businge on November 8, 2011
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Business & Finance, Business news, Featured, Latest Uganda News
The government has dismissed rumours that oil production has already started in western Uganda and that some oil companies and government officials are already secretly benefiting from oil proceeds. The Permanent Secretary in the Ministry of Energy and Mineral Development, Kabagambe Kalisa says that oil production has not started and will commence in 12-18months from […]