The Uganda oil sector is likely to spend quite more money than the anticipated $4 billion for the construction of the Hoima-based oil refinery following the failure of the East African Community to buy the whole part of the share it was allocated. Although Total SA has taken up a total share of 10 per cent […]
The Government of Uganda has today signed a production sharing agreement and issued license for petroleum exploration, development and production over the Kanywataba contract area with Armour energy limited from Australia. Speaking during the signing ceremony at the energy ministry, the energy Minister Eng. Irene Muloni said, this is the first production sharing agreement to be signed in […]
The Minister for Energy, Irene Muloni, has been tasked on ensuring that Presidential power pledges are fulfilled to enable Ugandans in different communities to engage in meaningful projects. Members of Parliament sitting on the Infrastructure Committee led by Mukono North MP,Muyanja Senyonga, asked the minister to act on the pledges because many of the them […]
The National Environment Management authority needs to be empowered to deal with the challenges associated with Oil and Gas industry. This concern was raised by the minister of Energy and Mineral Development, Irene Muloni while responding to the concerns of the members of parliament on the capacity of the authority to asses the environment impact […]
President Yoweri Museveni has assured Ugandans that the government is committed to managing the country’s oil resources as transparently as possible. In a press conference Wednesday evening, Museveni said the government is making all efforts to follow due process in awarding contracts to oil companies and ensuring that Ugandans benefit from the oil resources. […]
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 […]
The Minister of Energy and Mineral Development Irene Muloni has confirmed that the government has no thoughts to cut on fuel taxes as a measure to lower the current high commodity prices. According to the energy minister, the government last changed the taxes on fuel over two years ago. She says that the current taxes if reduced […]
The country is to experience shifts in the economic growth through industrialization especially in the rural areas because electricity tariffs are bound to be reduced by April next year. The Minister of Energy and Mineral Development, Irene Muloni says once most Uganda areas access low cost reliable electricity, industries will be set up across the […]
The Ministry of Finance is planning to release 30 billion shillings this week to pay private power distributors to deal with rampant electricity load shedding. The minister of state in-charge of finance Aston Kajara has told MPS on budget committee of parliament his office is in the process of negotiating with private companies to receive […]
Members of Parliament on the parliamentary Committee of Natural Resources have summoned the Minister of Energy and Mineral Development Irene Muloni to appear on Monday and explain the current load shedding going on across the country. The ministry of finance energy last week requested parliament to approve a supplementary budget of 62 billion shillings to enable the […]