Uganda and a US based oil firm are set to begin working on the country's oil refinery, according to Dr. Stephen Robert Isabalija, the Permanent Secretary in the Ministry of Energy and Mineral Development. He revealed this in a statement released on Sunday. Below is the full statement; The Government of
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Work on the pipeline that will take Uganda's crude oil to export markets begins after Tanzanian President John Magufuli and his Ugandan counterpart, Yoweri Museveni laid the foundation stone at Chongoleani, in the port city of Tanga Saturday. President Museveni arrived in Tanzania on Friday evening for a two-day state
Read MoreMore than 20% of the Democratic Republic of Congo's mining revenue is being lost due to corruption and mismanagement, a campaign group says. According to a Global Witness report, the money is being distributed through corrupt networks linked to President Joseph Kabila. At least $750m (£580m) has gone missing over
Read MoreUganda's President Yoweri Museveni has stressed the need to lower the cost of production for the private sector led growth to yield positive results. The President made the observations onFriday at State House, Entebbe during a meeting with envoys of the European Union in Uganda who were led by the
Read MoreThe Petroleum Authority of Uganda has released a list of 293 local and international companies cleared as suppliers of various goods and services in Uganda’s burgeoning oil and gas sector. A number of Ugandans have in the past complained of lack of transparency in the oil and gas sector, but
Read MoreThe Kenyan government has delayed plans to start crude oil production and exports until the government passes an amended law that includes setting out how revenues will be shared between national and county government and local communities. The law is expected to be in place by late September, when a
Read MoreBy Peter Abaanabasazi Cultural leaders from Bunyoro Kitara Kingdom, Alur Kingdom and Ker Kwaro Acholi have demanded government to share information regarding the oil and gas sector. Cultural leaders, who recently launched of policy guideline aimed at protecting cultural rights of communities in the oil-rich Albertine Graben, accuse government of
Read MoreThe Government of Uganda through the Ministry of Energy and Mineral Development has signed the Memoranum of Understanding (MoU) with the Russian state Atomic Energy Corporation(ROSATOM) on the cooperation in the peaceful uses of atomic energy. A statement issued by Uganda’s energy ministry on Tueday, the MoU was signed on
Read MoreHass Petroleum Group has sold 40% of its shares to Oman Trading International (OTI). A statement from the company indicates that the move will allow the Kenyan oil marketing company embark on its strategic growth and expansion plans across the Eastern, Central and Horn of Africa. The Group will invest
Read MoreExposed: How Corruption Is Killing Uganda’s Mining Sector
Corruption, mismanagement and political influence are undermining investment in Uganda’s mining sector and threatening people and environment, Business Focus reveals. The Global Witness report released on Monday (June5, 2017) indicates that pervasive corruption in Uganda’s mining sector allows crooked officials and the investors they partner with to profit at the expense
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