By Gerald Businge on December 30, 2011
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Business & Finance, Featured, Latest Uganda News
Kampala based lawyer Hamada Mulumba has filed a petition in the High Court seeking an injusction against the government granting of oil licenses and approving oil deals and halting the activities of Tullow oil company. Through Bwambale , Musede and Co. Advocates, Mulumba states that 50% of the stake Tullow Bought from Heritage Oil was […]
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 29, 2011
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Latest Uganda News
As Uganda prepares for oil production, National environment management authority is in the process of developing an oil spill contingency plan which will help in controlling of oil spills that might come up as production begins. This was revealed by NEMA environment inspector Isaac Ntujju while addressing journalists in Kampala. Ntujju said that oil spills […]
By Gerald Businge on November 22, 2011
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Latest Uganda News
Things will not be easy when oil debates resumes in the Uganda’s ninth parliament anytime from now according to Budadiri west MP Nandala Mafabi. Mafabi who president Museveni’s advisor in charge of the media issues John Nagenda recently termed as an improvement of FDC leader, Col. Kiiza Besigye has today told the executive to get prepared […]
By Gerald Businge on November 15, 2011
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Latest Uganda News, Politics
Bank of Uganda Governor Tumusiime Mutebile has been thrown out the oil Adhoc committee investigating the oil sector for the second time for failure to produce evidence to the committee that he was directed by president Museveni to draw money from the consolidated fund to finance the purchase of fighter jets to the tune of 1.7 trillion […]
By Gerald Businge on November 11, 2011
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Business & Finance, Business news, Latest Uganda News
People of Acholi have stepped up their demands to be considered for royalties from the oil that is being prospected in Acholi sub regions. This follows the confirmation of some oil wells in Amuru district last year. This came after oil was discovered in Amuru district and oil companies started working on this oil field […]
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 October 11, 2011
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Latest Uganda News, Politics
The political future of Uganda Prime Minister Amama Mbabazi, Foreign Affairs Minister Sam Kutesa and Internal Affairs Minister Hilary Onek hang on a precipice as they await Tuesday’s meeting of members of Parliament in the continuing debate on the handling of the country’s oil sector. The MPs who begun their special sitting to discuss the […]
By Gerald Businge on September 23, 2011
Heritage Oil and Gas, Irene Muloni, Members of Parliament, Peter Nyombi, Tullow oil Uganda, Uganda oil industry
Latest Uganda News
The attorney general, Peter Nyombi and the energy minister, Irene Muloni have insisted that the oil pacts are not for public consumption since they contain confidential clauses. Addressing press conference today in Kampala, the attorney general, Peter Nyombi advised MPs to follow the correct procedures if they need to take a detailed look at the oil pacts between the government […]
By Gerald Businge on September 3, 2011
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Latest Uganda News
Residents of Bulisa town council are accusing the Oil exploration company Tullow Uganda for failure to compensate them for their property they lot during the exploration at Kasemire oil well in Bulisa Town council. They say crops were uprooted in January this year during the exploration of Kasenene oil well in Bulisa Town council and […]