Oil

Masses protest in Zimbabwe Cities following the increase in diesel and petrol prices

Masses protest in Zimbabwe Cities following the increase in diesel and petrol prices

Zimbabwe has seen protests in various cities on Monday following the more than double increase in the prices of petrol and diesel in the country. Protesters began by burning tyres and boulders in the cities of Harare and Bulawayo showing their anger over President Mnangagwa. Mugabe’s successor came to say that the increase in the […]

UK Investors struggle to get Shares in Uganda oil sector

UK Investors struggle to get Shares in Uganda oil sector

Investors from the United Kingdom have paid a second visit to Uganda to pave way on how they can improve their chances at acquiring some shares from the Uganda oil and gas sector The businessmen from 11 UK companies, that deal in petrochemical, pipeline, power and renewable industries, met up with senior Ugandan delegates on […]

Total alerts public of fake jobs adverts in relation to Tanzania-Uganda oil pipeline project

Total alerts public of fake jobs adverts in relation to Tanzania-Uganda oil pipeline project

Total East Africa Midstream has warned the general public to be cautious while accepting jobs advertised in relation to the Tanzania-Uganda crude oil pipeline project, saying most are fakes. Total has learnt that various companies have started assuring people that they can help them secure jobs from the East African Crude Oil Pipeline (EACOP) project. Unknown […]

Insurance companies form body to cover risks in Uganda oil and gas sector

Insurance companies form body to cover risks in Uganda oil and gas sector

Uganda insurance companies have formed a body that will extend insurance covers to the companies involved in the Uganda oil and gas industry The coordinator of Oil and Gas Uganda Insures Association, Ms Margie Lokowe, in an interview with Daily Monitor, said Uganda insurance companies have already formed a consortium in preparations of providing insurance […]

PPDA wants a share of 30 per cent oil contracts given to Ugandans

PPDA wants a share of 30 per cent oil contracts given to Ugandans

The Public Procurement and Disposal of Public Assets Authority (PPDA) wants the guidelines of at least 30 per cent of the oil and gas work given to  local contractors so as to boost local capacity. According to Mr Benson Turamye, the acting PPDA executive director, the guidelines of 30 per cent of contract value works […]

Uganda sends a delegation to the Africa Oil Week 2018 in Cape Town, South Africa

Uganda sends a delegation to the Africa Oil Week 2018 in Cape Town, South Africa

Uganda is committed to developing its petroleum sector across the entire value chain, and clear strides to move the country’s key assets from the exploration phase into the development phase have been made. The country offers opportunities for companies looking to explore, develop and utilise its petroleum assets. Hon Irene Muloni, the Minister of Energy and Mineral […]