Ghanaian motorists and other fuel consumers will, starting this week, spend more on petroleum following a weekend announcement that government had resolved to abolish fuel subsidies in order to reduce its budget deficit. Read More
The East African partner states issued a bid for the planned regional crude oil pipeline this week, amidst reports that more oil has been found in the South Lokichar Basin, North of Kenya. Read More
The governments of Uganda, Kenya and South Sudan have agreed to procure one lead consultant to carry out preliminary designs for the construction of an oil pipeline to transport crude from Hoima via Lokichar to Lamu port, a Kenyan ministry official has revealed. Read More
Rwanda will soon start producing electricity from its vast reserves of methane gas beneath Lake Kivu as the small East African nation seeks to double its electricity generation in a few years to come. Read More
The deployment of a rig by the China National Offshore Corporation (CNOOC) in the South China Sea has sparked off a wave of anti-China protests in some cities in Vietnam, and reignited a longstanding sovereignity dispute between Vietnam and China. Read More
My visit to the Goldfields region in Western Australia offered me some lessons for Uganda.
Buoyed by ‘world class’ gas discoveries over the past few years, Tanzania is hastening plans to put its abundant resource to local use. Read More
Tullow Oil’s publication this week of payments the company has made to different governments in the 24 countries it operates worldwide, including Uganda, has been applauded by transparency activists as a breakthrough in the pursuit of full transparency in the extractives sector. Read More