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Why Tullow Oil PLC is cutting expenditure elsewhere and focusing on exploration in East Africa
Amid-st the turbulent rage of the faltering oil prices Tullow Oil PLC has resolved to revise its investment priorities and focus on East Africa and Ghana in West Africa come 2015. In an Interim Management Statement issued on 12th November 2015 Tullow indicated that though exploration will remain a key part of the company’s future
Environmental Management is key to managing Uganda’s oil- NEMA Executive Director
The Executive Director of the National Environmental Management Authority, Dr. Tom Okurut has said environmental management is a key factor in the development of Uganda’s Oil and Gas Sector, Resource Management and Financial Management being the other key elements in the sector. While speaking at 1st Petroleum Industry Environmental Management Conference held at Speke Resort
Love affair relating to the mini and macro amounts of monetary overall performance
Love affair relating to the mini and macro amounts of monetary overall performance Benefits Mini and macro quantities of economic usefulness have been discovered to create a higher relation with one other. While in the micro rate, the performance inside the financial system would depend on the decisions manufactured by the person corporations while macro
Zambia picks interest in Uganda’s oil refinery
Zambia wants more information about Uganda’s plans to build a 60,000-bpd oil refinery that’s already attracted interest from four regional neighbors. The southern African country “has asked for more information” about the plant, Ugandan Energy Minister Irene Muloni says. Kenya, Tanzania, Rwanda and Burundi have expressed interest, she says. “Each of the countries will be offered
UN Women and Publish What You Pay launch gender toolkit that seeks to empower women in the extractives sector
UN Women and Publish What You Pay (PWYP), a global coalition campaigning for an open extractive sector have launched a toolkit “Extracting Equality – A Guide”, which examines how to approach the issue of gender within the extractive sector. Written by PWYP and UN Women, along with experts working on gender and the extractives worldwide, the
Complications IN Advanced DEMOCRACY
Complications IN Advanced DEMOCRACY In the initial constitution, the phrase democracy was created to give the implication of 100 % fairness, unquestionable justice, and finish evenhandedness in syndication of social resources. Democracy emerged with convenience of manifestation and worship. Even though the starting meaning of democracy was designed to develop a f-r-e-e governmental climate for
Bunyoro Kitara Royal University: a community university seeking for leverage in Oil and Gas Management Training
On 15th September 2014 Bunyoro Kitara Royal University opened its gates to its first lot of students. The University whose campus lies along Rukurato Road neighbours Karuzika the King’s Palace in Hoima and stands just opposite Hoima Public Library. From the conception of existence, the essence of Bunyoro Kitara Royal University has always been embedded
Refinery site residents abandon farming as they await oil compensation money
In this little-known village of Kyapaloni, we have just arrived in the trading centre and the boys or should we say the young men are playing cards. It‘s few minutes past noon, people should be somewhere in the garden digging but who cares about digging any more, not in this village. Kyapaloni is a village
World Bank to inject $600 in the Uganda- Kenya Oil pipeline
The World Bank has pledged to inject $600 to facilitate the construction of a regional pipeline linking oil fields in Uganda, Kenya and South Sudan. In a statement made on Monday the World Bank said that the funds would be provided by its private- lending arm, the International Finance Corporation. The fund is part of