Investors from the United Kingdom have paid a second visit to Uganda to pave way on how they can improve their chances at acquiring some shares from the Uganda oil and gas sector The businessmen from 11 UK companies, that deal in petrochemical, pipeline, power and renewable industries, met up with senior Ugandan delegates on […]
The US Ambassador to Uganda Deborah Malac has urged the Ugandan government to use proper procedures in the development of its oil and gas sector so as not to fall prey to the problems that other mineral rich countries face. The ambassador, while Speaking to a delegation on the contract, transparency and accountability in the […]
The Minister of Water and Environment, Ephraim Kamuntu has cautioned conserve the environment while exploring its oil. Uganda’s oil exploration areas are found in the Albertine Graben a place with a bio diversity so rich and one that boasts of exquisite flora and fauna Kamuntu who was speaking at the official opening of the […]
The Uganda Tax Appeals Tribunal on Wednesday delivered the long awaited ruling on the capital gains tax case against Tullow oil Uganda ordering the UK firm to pay $407,095,366 (about one trillion Uganda shillings) to the government of Uganda. Tullow had challenged a capital gains tax assessment of $472,748,128 by the Uganda Revenue Authority with […]
Download file of full ruling here THE REPUBLIC OF UGANDA IN THE MATTER OF THE TAX APPEALS TRIBUNAL TAT APPLICATION NO. 4 OF 2011 TULLOW UGANDA LIMITED TULOW OPERATIONAL PTY LTD ………………………………… APPLICANTS VERSUS UGANDA REVENUE AUTHORITY ………………………….……..…… RESPONDENT RULING This ruling is in respect of an application brought by the applicants […]
News Release Tullow Oil Wins case against Heritage 14 June 2013 – Tullow Oil plc (Tullow) is pleased to announce that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour in the proceedings against Heritage Oil and Gas Ltd and Heritage Oil Plc (together ‘Heritage’) in the High Court in London […]
This is the gull ruling of the case in which Heritage Oil had sued Tullow Oil over the capital gains tax dispute after Tullow acquired Heritage oil Uganda assets. England and Wales High Court (Commercial Court) Decisions You are here: BAILII >> Databases >> England and Wales High Court (Commercial Court) Decisions >> Tullow Uganda […]
I would like to share this information with you regarding scholarships The fields of study to be sponsored include: Tullow Oil PLC(Masters degrees) Engineering and Technology Environment and Geosciences Oil and Gas Economics Business Journalism Logistics and Supply Chain Law and legal courses Other applied sciences apart from medicine Total E&P 1. Masters Degree in […]
Members of NRM caucus have failed to agree on petroleum and oil development bill that is currently being debated by parliament. In an impromptu caucus meeting chaired today by the party’s chief whip Justine Lumumba, members failed to harmonize the amendments proposed by the natural resources committee, and individual members including Theodore Ssekikubo and […]
United Kingdom registered oil prospecting firm Tullow Plc has denied allegations that it offered bribes to Uganda ministers to get favuorable oil deals in Uganda. Uganda’s parliament this week started discussions on the oil sector and Tullow was mentioned as having transferred money to two ministers’ accounts. But Tullow’s CEO, Aidan Heavey, refuted these […]