Building an oil refinery will definitely come with an environmental cost to the nation. And as we seek to assess the environmental impact of building an oil refinery there are a number of factors that are worthy taking note of. For this particular analysis we zero on one particular aspect of the environment: the
Oil industry creating business opportunities in Uganda
When Uganda started taking definite steps towards the exploration of its commercial reserves of oil, the reason why every citizen warmed up to the news was because of the opportunities that they expected to come with such a breakthrough. Yes, cases of corruption have been reported and that alone could be a cause for
Makerere Business School sends out 60 graduates into an “Oily” but rugged field
Makerere Business School has churned out 60 graduates of an advanced oil and gas management essentials training. The 60 step into the seemingly “oily” field but they will definitely be shocked to discover that they may have to tread a rugged terrain in their pursuit of success in the increasingly competitive sector. In the recent
Museveni’s position on crude oil pipeline changes, Uganda to have both pipeline and refinery
For the first time, the President of Uganda, Yoweri Kaguta Museveni has publicly consented to the pursuits of building a crude oil pipeline for the export of Uganda’s Oil; though, this will not impede plans to build a 60,000 capacity refinery that are already underway. Museveni still maintains that Uganda will go on with building
Establish a supplier development fund to strengthen SMEs in the Oil Sector
One of the key preoccupations of the government is how to enhance economic production and eradicate poverty. However, the extent to which the government should get involved in driving economic production is a divisive matter. Both the supporters of government involvement and those against have very strong arguments to back their view points. A
Why Uganda won’t think about exporting its gas just as yet
While a lot continues to be said about the oil that Uganda is yet to drill, little has been said about the potential of the Natural Gas Reserves that lie with the 3.5 million barrels of oil in the Albertine Region. It has been reported that for now, the Uganda government plans to use
Kenyan government to close East Africa’s only refinery before end of year
East Africa is on the verge of losing its only oil refinery, the Kenya Petroleum Refinery Ltd which faces eminent closure after the Kenyan government has considered plans to modernize it as untenable. The Kenya Energy Ministry says modernizing East Africa’s only crude oil processing facility is currently costing the economy Sh5 billion a
Uganda to earn $50 Billion from discovered oil reserves
Uganda’s government should expect to earn $50 billion on behalf of its 35 million strong population from reserves already discovered over the lifetime of the oil fields, Tullow said – almost three years’ worth of its $17 billion gross domestic product (GDP). Asked where the oil money might go, the Commissioner for Uganda’s Petroleum
What drove government to consider Kabale as the ultimate site location for Uganda’s Oil Refinery
In the pursuit of the most suitable site location for an Oil Refinery we are told that Foster Wheeler the major researcher behind the efficacy of an Oil Refinery in Uganda evaluated three regions and identified six potential sites for the refinery as a result. The six sites that the Foster Wheeler report identified
Tullow prioritizes disclosure takes tighter stand against corruption
One of the major highlights that shine out of the just released Tullow Oil plc’s Corporate Responsibility Report 2012 is the emphasis on disclosure a development the company believes will go a long way in clearing the company’s corporate image in light of the various accusations of corruption that the company faced in 2012.