Energy & Mining
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Bunyoro leaders, residents excited after launch oil drilling
KIKUUBE-Locals and leaders in Albertine Graben in Bunyoro Sub-region are excited after the commissioning of oil drilling at the Kingfisher Development Area [KFDA] in Buhuka parish in Kyangwali Sub-county in Kikuube district.…
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West Nile region in dire need of electricity
ARUA-Due to the increasing demand for electricity in the West Nile region, more than 23,000 households and businesses are not being adequately served by the 3.5 megawatts [MW] Nyagak hydropower station. According…
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Gov’t renews Oranto Petroleum license to drill more oil wells in Albertine Graben
KIKUUBE-Oranto Petroleum Limited resumed its activities to explore the commercial viability of oil reserves established at Ngasa oil field in the Albertine Graben after the government renewed its license. Oranto Petroleum Limited…
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Gov’t seeks approval of US$ 638 mln to power households
KIRYADONGO-The Ministry of Energy and Mineral Development is pleading with Parliament to approve a US$ 638 million [Shs 2.4 trillion] loan from the World Bank to connect 1,700 households to the national…
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WBG announces major initiative to electrify Sub-Saharan Africa
WASHINGTON-The World Bank Group [WBG] has announced an innovative initiative to accelerate the pace of electrification in Sub-Saharan Africa to achieve universal access by 2030. The World Bank, the Multilateral Investment Guarantee…
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670 youth in Bunyoro unlucky as they miss CNOOC training
KIKUUBE-670 out of the 700 youth in the Bunyoro Sub-region who applied to train as heavy machine operators in the oil and gas industry were not considered as they did not possess…
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Uganda relieved as intercontinental summit clears EACOP project
MAPUTO — The Africa, Caribbean, Pacific -European Union [ ACP-EU ] Joint Parliamentary Assembly sitting in Maputo City, Mozambique on Wednesday voted to let Uganda proceed with developing the much-needed East African…
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Reaping from oil and gas: Bunyoro suppliers call for special treatment
HOIMA -Local suppliers and contractors in the Bunyoro Sub-region say they are facing hurdles when it comes to accessing oil and gas opportunities, arguing that they need special consideration if they are…
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Centenary Bank to acquire Malawian lender
KAMPALA-Centenary Rural Development Group, the mother company of Centenary Bank Uganda, has teamed up with the Catholic Archdiocese of Lilongwe so they can acquire a 100 percent shareholding in Malawi’s MyBucks Banking…
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EACOP: TotalEnergies boss snubs European Parliament invite
KAMPALA-Patrick Pouyanne, the Chairman and Chief Executive Officer of TotalEnergies has declined to appear before the European Parliament’s sub-committee on Human Rights, saying legislators there took a tough yet deeply biased decision…
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