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 25, 2011
adhoc committee, amama, bribery, bribery allegations, bribes, energy minister, foreign affairs minister, Former, Hillary Onek, internal affairs, issue, Michael Werikhe, ministry, Ministry of Energy, oil, oil sector, Privileges, resignation, response, sector, submission, Uganda parliament
Latest Uganda News
Former energy minister Hillary Onek was thrown out of the adhoc committee investigating the oil sector after he failed to provide a presentation on his case of alleged bribery. Onek is accused, together with Prime Minister Amama Mbabazi and foreign affairs minister Sam Kuteesa of taking bribes from oil companies. The committee, chaired by Michael […]
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 […]
By Gerald Businge on July 15, 2011
Aston Kajara, Ministry of Energy, Uganda parliament
Latest Uganda News
The Parliamentary committee on Natural Resources has forced the ministers of finance and Energy to drop their proposal of using the budgetary allocation for the payment of the arrears owed to the thermal power firms. During a session with the committee, the minister of state for finance Aston Kajara and the minister of Energy Irene […]
