In a Trading Update for the period raning from 1 January to 25 April 2018 released on Wednesday, British oil firm Tullow Oil reported that it is experiencing a strong progress in 2018 and continues to generate free cash flow. This positive progress is largely facilitated by their operations in West Africa, specifically in Ghana where drilling programme at the TEN and Jubilee fields ‘are underway’ and will ‘remain on track to deliver on our existing production guidance,’ An optimistic Paul McDade, Chief Executive Officer, Tullow Oil, said their Ugandan and Kenyan developments are on track with a Final Investment Decisions expected this year and another in Kenya next year. “We are preparing for the start of our multi-year exploration programme across our diverse portfolio of exploration prospects in Africa and South America,” McDade said. Adding: “The progress we have made is due to the hard work and financial discipline…

The ministry of energy and mineral development has named 114 fuel pump stations allegedly selling adulterated fuel to motorist across the country. Rev Frank Tukwasibwe, the commissioner of Petroleum Supply, made the revelation in interview with Daily Monitor, a local newspaper. He promised to have named fuel pump stations ‘in accordance with administrative guidelines’ including revoking licenses of repeat offenders. “There are two approaches to penalising: Those without licenses will remain closed and only be opened after fulfilling the conditions under the Petroleum Supply Act, 2003, while those with licenses are given notices and the public warned about their activities,” he told Daily Monitor’s reporter Frederic Musisi. However, he said, the failure rate of fuel in the country has dropped from 29.1 per cent in 2009 to 0.5 per cent in March 2018 as a result of the continued fuel marking and quality control programme. Adulterated fuel has over the…

High ranking officials of companies making up the Albertine Graben Refinery Consortium (AGRC) have said working in Uganda presents them with a ‘unique opportunity’ adding that they ‘look forward to the execution phase and delivering a world class facility’ to help Uganda ‘fully realize its oil and gas sector’ ambitions. In a press statement released on Wednesday, up the Albertine Graben Refinery Consortium officials said the oil refinery projected when executed will this will ‘help develop the industry infrastructure and provide livelihood for the Ugandan people and, by extension, other East African countries.’ Following the favourable evaluation of its private sector-led offer by the Ugan Government, the Albertine Graben Refinery Consortium (AGRC) comprised of YAATRA Ventures, Baker Hughes, a GE company, LionWorks Group and Saipem, signed a project framework agreement confirming its selection for the realization of a 60,000 barrels per day capacity refinery with a project estimated value of…

BY George Busiinge Total E&P Uganda, the company leading the Tilenga project activities, has contracted Giraffe Conservation Foundation Trust (GCFT) and Biodiversity Solution Limited (BSL) in partnership with UWA to conduct the one-year campaign involving collaring 40 selected species and assess their movement patterns, general ecological behaviours and stress level in relation to environmental factors. Different wildlife species to include lions, giraffes, hyenas, Uganda Kobs, Hartebeests, Giraffes and Reedbucks collared animals will be used as samples to track the selected wildlife species, analyse, interpret and monitor their movement patterns; including the rate of movement, daily distance moved and distribution of the collared individuals across MFNP including in to the Tilenga project areas as well as environmental factors such as seasons, availability of water and tourism sites among others. The campaign that started in April 2018, involves fitting of satellite collars on Rothschild’s giraffes, Lions, Uganda Kob, Bohor Reedbuck, Lelwel’s Hartebeest…