Uganda Minister of Energy and Mineral Development (MEMD) Irene Muloni said the country’s oil sector is poised for a promising business destiny despite the current delays and setbacks in the midstream preparations. Speaking to a gathering of key industrial players including; potential investors, International Oil companies (IOCs), local players and officials from different associate institutions
Oil and the environment: Nigerian King carries Polluted water to London for Shell Oil spill case
King Emere Godwin Bebe Okpabi holds up a plastic bottle containing contaminated water from his community in Nigeria, proof of oil pollution that he blames on Royal Dutch Shell — and on which he hopes a London court will deliver justice. “My people are drinking this water,” said the tribal king of the Ogale community
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Uganda aims at Issuing oil exploration licence before end of year
Uganda aims to sign deals by the year-end with the four oil exploration companies it had invited for talks in its first licensing round, a senior energy ministry official said on Wednesday. Those selected to negotiate production sharing agreements (PSAs) were Nigeria’s WalterSmithPetroman Oil Ltd, Oranto Petroleum International and Niger Delta Petroleum Resources, and Australia’s
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Oil Pipeline Update: Tanzania Approves Fiscal framework, Project nears Final Investment
Tanzania approved a series fiscal packages in relation to the Crude oil pipeline partnership with Uganda including; exemptions on transit fee, import tax, withholding tax and value added tax. Cabinet expects to table the approved proposals to the Tanzania National Assembly in January 2017 according to Daily News newspaper. The revelations were made by Tanzanian
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Uganda’s Oil still far from production due to infrastructure challenges
Output from Ugandan crude deposits being developed by companies including Tullow Oil Plc and Total SA is unlikely to be exported as soon as the nation expects because of the scale of the infrastructure projects required to transport the fuel out of the country, bloomberg reports. The government of Uganda, where oil was discovered in 2006,
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Uganda, Tanzania agree to Speedup Crude Oil Export Pipeline Construction
Tanzania has agreed with Uganda to accelerate implementation of a crude oil pipeline project between the two east African nations and award the construction contract to multiple contractors. The decision was reached during talks between Tanzanian President John Magufuli and his Ugandan counterpart, Yoweri Museveni, in Kampala on Thursday, Magufuli’s office said in a statement