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Energy, Oil & Gas
Total to acquire 10% stake in Uganda refinery
Total S.A., the French oil and gas company currently carrying out exploration activities in western Uganda, is acquiring a 10% stake in Uganda's planned oil refinery, energy minister Irene Muloni told Bloomberg.
October 28, 2016
Energy, Oil & Gas
Total to make final investment decision on Uganda fields by end of 2017
Total expects to make a final investment decision on the Ngiri, Jobi Rii, Gunya fields in the onshore Exploration Area 1 as early as the end of next year, according to Arnaud Breuillac, the president of Exploration & Production at Total S.A.
September 23, 2016
Energy, Oil & Gas
Uganda issues eight oil production licences to Tullow and Total
The Ministry of Energy and Mineral Development has granted eight oil production licences to Tullow Uganda Operations Pty Limited and Total E&P Uganda B.V., according to a statement released by the ministry.
August 30, 2016
Energy, Oil & Gas
Uganda to award production licences to Total, Tullow Oil
Uganda will finally award three oil production licences, bringing to an end a drawn out process that industry watchers blame for pushing forward the date for first oil production and reduced investment by oil companies.
August 4, 2016
Energy, Oil & Gas
Tullow posts better-than-expected results, to press ahead with Uganda projects
Tullow Oil has announced an after tax profit of $30 million for the first half of 2016, defying analyst's expectations that low oil prices would hurt its bottomline.
July 27, 2016
Politics & Policy
Too big to fail? The 65 firms Ugandan government apparently wants to bail out
The two most indebted firms on the list, which we are republishing, owe Shs201 billion each, while the third most indebted has outstanding loans of Shs120 billion.
July 25, 2016
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