oil exploration uganda albert

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Tullow Oil Uganda exploration and appraisal campaign commences in Lake Albert Rift valley

Tullow oil Plc has announced it has commenced exploration and appraisal campaign for oil wells in the Lake Albert Rift Valley of mid western Uganda. Following the signing of the SPAs for the farmdown to CNOOC and Total on 29 March 2011, the exploration and appraisal programme has been reactivated and two wells are expected […]

PM calls upon investors in oil and gas sector to expedite development in the sector

PM calls upon investors in oil and gas sector to expedite development in the sector

The Prime Minister Dr Ruhakana Rugunda has called upon investors and other stakeholders in the oil and gas sector to continue working together closely to expedite the development of the oil and gas sector in the country. The Premier made the remarks at the joint meeting of the policy coordination committee and the oil and […]

Ugandans cautioned to conserve their environment

Ugandans cautioned to conserve their environment

The Minister of Water and Environment, Ephraim Kamuntu has cautioned conserve the environment while exploring its oil. Uganda’s oil exploration areas are found in the Albertine Graben a place with a bio diversity so rich and one that boasts of exquisite flora and fauna   Kamuntu who was speaking at the official opening of the […]

Ruling of Capital Gains Tax case Tullow oil against Uganda Revenue Authority before Tax Appeals Tribunal

Download file of full ruling here THE REPUBLIC OF UGANDA IN THE MATTER OF THE TAX APPEALS TRIBUNAL TAT APPLICATION NO. 4 OF 2011   TULLOW UGANDA LIMITED TULOW OPERATIONAL PTY LTD    ………………………………… APPLICANTS VERSUS UGANDA REVENUE AUTHORITY ………………………….……..……  RESPONDENT   RULING   This ruling is in respect of an application brought by the applicants […]

Inter religious council commends oil exploration

  The council presidents of the inter -religious council of Uganda have concluded their two day visit to Bunyoro sub region. The visit was organised jointly by the inter religious council of Uganda and the global rights alert, was intended to provide an opportunity for Ugandans to acquaint themselves with the process of oil exploitation […]

Three new oil companies sign commercial deal with Uganda

  The government of Uganda is set to announce the lead investor and operator for its planned oil refinery next financial year. Government sources show that Uganda will announce the lead investor in July and expects to conduct a licensing round for its vacant petroleum exploration acreage next year. Uganda first discovered crude deposits in […]

Tullow Oil fails to run its facilities

  Tullow Uganda operations Pty is an oil and gas exploration and products company with its parent company listed as a member of the FTSE 100 on the London Stock exchange and also listed on the Dublin stock exchange. Now Tullow Oil is inviting firms to tender for provision of maintenance services for its facilities […]

The Uganda National Budget speech 2013/2014 as read by Finance Minister Maria Kiwanuka

The Minister of Finance Planning and Economic Development, maria Kiwanuka on Thursday read the 2013/2014 national budget, in which she outlines governments plan to increase revenue collection through more taxes. The minister says the government intends to finance 80% of the budget. Here you can download Budget speech 2013-14 or read in belown full II. […]

Tullow oil shows promising future in its 2011 end of year statement

Tullow Oil plc (Tullow) issues this Trading Statement in respect of its financial year to 31 December 2011. This is in advance of the Group’s Full Year Results, which are scheduled for release on 14 March 2012. The Operational Update is in respect of recent production, development and exploration activities. The information contained herein has […]

Key issues of contention in Uganda’s oil sector reflected in case against Tullow and Government

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 […]

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