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Kenya to acquire stake in Uganda’s refinery

Kenya is set to acquire a stake in Uganda’s planned crude oil refinery, making it the first country in the East African Community to respond to the government’s call for member states to invest in the multi-billion dollar project.

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A Kampala filling station is today selling a litre of petrol at UShs 3550. (Photo: F. Nalubega)

Why fuel prices will not reduce significantly in Uganda

Petrol pump prices in Uganda can only reduce by a maximum of UShs 210, only a 5.6% drop, and the new price would allow retail dealers to earn a margin of UShs 150 - 180 per litre, which is not much.

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Joan Namukasa, a Tullow Uganda drilling engineer, reviews technical reports with colleagues at a rig site (Photo: Tullow Oil Uganda)

Low oil prices forcing companies to lay off staff

2015 looks set to be the harshest year for the global oil and gas industry in recent times with hundreds of thousands of people expected to lose their jobs if oil prices continue their free fall or fail to recover significantly in the next few months.

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An official from the Chief Government Valuer (Center) speaks to residents in Buseruka as SFI's Director of Programs, Kosea Wamboka (Right) looks on. (Photo: F. Mugerwa)

Refinery area complainants accept new offers from government

Some of the refinery affected persons who were contesting the compensation offered by the government for their land and property in the proposed refinery area in Buseruka, Hoima District, have accepted new offers from government.

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Evelyn Mwambe (Right) and Rogelin Pachudaga (Photo: F. Mugerwa)

Police intervenes in refinery area women case

Barely a month after Oil in Uganda reported the plight of two women who were abandoned by their husbands after receiving compensation for their land in the refinery area in Hoima, police has intervened and summoned their husbands.

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Did you Know?

Natural resource curse

The ‘natural resource curse’ refers to situations where the extraction of a country’s natural resource wealth causes widespread harm.  This is commonly said to result from political conflict over the resources, high inequality in the distribution of benefits, environmental pollution, corruption, weak government institutions unable or unwilling to manage the resources effectively, or a combination of all of these.  (See also, ‘Dutch Disease’)

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