Industry news
September 5, 2024 / September 5, 2024 by nart | Leave a Comment
UNVEILING THE INAUGURAL ‘30 DAYS OF MINING’ Kampala, Uganda, September 2, 2024: The Uganda Chamber of Mines & Petroleum (UCMP) has launched the inaugural “30 Days of Mining” media campaign, aligned with its core mandate of information gathering and dissemination to accelerate the growth of the extractive sector. Running under the theme “Leveraging Critical Minerals […]
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August 27, 2024 / August 27, 2024 by nart | Leave a Comment
MEDIA BRIEFING ON THE PROGRESS OF UGANDA’S OIL AND GAS SECTOR BY HON. DR. RUTH NANKABIRWA SSENTAMU MINISTER FOR ENERGY AND MINERAL DEVELOPMENT 21st AUGUST 2024 KAMPALA, UGANDA INTRODUCTION UGANDA’S FLAGSHIP OIL AND GAS PROJECTS THE UPSTREAM Exploration Development & Production Projects The Tilenga Project: Kingfisher Development Area Project THE MIDSTREAM PROJECTS The East African […]
August 9, 2024 / August 12, 2024 by nart | 2 Comments on Uganda Chamber of Mines & Petroleum Welcomes New Leadership
Kampala, Uganda, August 9, 2024 – The Uganda Chamber of Mines & Petroleum (UCMP) Annual General Meeting sitting on July 31st, 2024 elected new leaders to its Board of Trustees and Governing Council for the next two years. Mr. Patrick Mweheire and Mr. Nicholas Ecimu were elevated to the Board of Trustees. Mr. Mweheire […]
July 18, 2024 / July 18, 2024 by nart | 2 Comments on 90-Day Oil and Gas Media Campaign Highlights Opportunities
Asiimwe talks matters 90 Days of Oil and Gas Media Campaign on NTV on July 18 By Julius Businge Humphrey Asiimwe, the Chief Executive Officer of the Uganda Chamber of Mines and Petroleum, appeared on NTV Uganda this morning (July 18) to discuss Uganda’s oil sector as part of the 4th Edition of #90DaysofOilandGas. Asiimwe […]
June 17, 2024 / June 17, 2024 by nart | Leave a Comment
By Julius Businge The 4th Edition of Uganda Chamber of Mines & Petroleum (UCMP)’s 90 Days of Oil and Gas Media Campaign is underway focusing on the theme ‘Uganda’s Journey to First Oil in the Face of a Just Energy Transition’. The campaign, which is an annual activity for the Chamber, aims to spotlight emerging […]
October 5, 2023 / October 5, 2023 by nart | 1 Comment on Govt Moves To Attract Investors To The Mineral Sector
The government has introduced incentives including zero-equipment, machinery, and tax holidays to lessen costs and attract investors into the largely unexplored multibillion-dollar sector. The Minister for Energy and Mineral Development Hon. Ruth Nankabirwa Sentamu said this while updating the press about the developments in the mineral sector on February 21. Even though Uganda has vast […]
October 5, 2023 / October 5, 2023 by nart | 1 Comment on UCMP’s 3rd Edition Of 90 Days Of Oil And Gas Media Campaign
By Julius Businge Uganda Chamber of Mines and Petroleum is running the third edition of 90 Days of Oil and Gas Media Campaign with the main objective of giving an update on the sector’s projects, emerging opportunities, challenges, and possible solutions. This year’s edition is running under the theme, “Facts Behind Uganda’s Oil and Gas […]
October 5, 2023 by nart | 1 Comment on How Shs500b can change extractives
The new financial year (2023/2024) officially kicked off on Saturday, July 01 with high expectations amongst the movers of the economy that it would grow faster, and create jobs and related opportunities. Read details via the link below; https://www.monitor.co.ug/uganda/oped/commentary/how-shs500b-can-change-extractives–4310840
October 5, 2023 / October 5, 2023 by nart | Leave a Comment
Uganda Chamber of Mines and Petroleum (UCMP) Board appointed Mr. Humphrey Asiimwe as the new Chief Executive Officer effective March 1, 2023. He spoke to The Independent about his plan.Read details via the link below:
October 5, 2023 by nart | 1 Comment on Barclays Bank”s New Report Answer Uganda’s Oil and Gas Critical Questions
A new report , ‘On the Road … Reassured in Uganda’ released by independent researchers at Barclays Bank on March 20, 2023, provides answers to critical questions regarding Uganda’s oil and gas projects. For details read below:
On Feb 2, the Minister for Energy and Mineral Development Hon. Ruth Nankabirwa issued an Exploration License to Uganda National Oil Company (UNOC) for the Kasurubani Block. On the other hand, UNOC’s partner DCRGlobal will be issued a license for Turaco Block. The two companies signed Production Sharing Agreements (PSA) which were agreeable to the […]
October 5, 2023 / October 5, 2023 by nart | 1 Comment on Technological Underpin for EACOP Explained
Created by: UCMP on February, 2023 Technological Underpin for EACOP Explained The East African Crude Oil Pipeline (EACOP) continues to suffer criticism from opponents who are making allegations about environmental and social issues affecting the Project Affected Persons (PAPs). On January 15th, Mr. Martin Tiffen, EACOP’s Managing Director explained to the public what the project is during a […]
October 5, 2023 by nart | Leave a Comment
On January 24th, 2023, Uganda made a double score- its partners in oil and gas commissioned the first-ever oil drilling operation in the Kikuube district, on the other hand, East African Crude Oil Pipeline (EACOP) was issued with a license to start work. These milestones signify that the country’s oil and gas journey is on […]
On January 24th, 2023, President Museveni Commissioned oil drilling at the China National Offshore Oil Corporation operation area -King Fisher Project Development Area , in Kikuube district, Western Uganda.Petroleum Authority Executive Director, Mr. Earnest Rubondo presented background on Uganda’s journey to oil discovery and what the country has benefitted by far.Read the full speech here.
October 5, 2023 by nart | 1 Comment on UGEITI Work Plan 2022-2023
Uganda National Extractive Industry Transparency Initiative (EITI) has approved the UGEITI Work Plan at the 21st MSG meeting held on 8th September 2022. The secretariat has shared the workplan members consideration.
October 5, 2023 / October 5, 2023 by nart | 1 Comment on Green Economy: Hima Cement introduces Co-Generation technology
Hima Cement is gradually phasing out the use of fossil fuels in favour of biomass in a bid to reduce its carbon footprint. In the current, the company is using more than 50% of its fuel from biomass. The company introduced a globally acclaimed Co-Processing Technology which uses wastes to generate fuel that heats the […]
To our members, Congratulations on having a productive year! The Uganda Chamber of Mines and Petroleum (UCMP) takes this opportunity to congratulate our members for having such a productive year! We are proud to see you grow with Uganda’s oil and gas developments and the mining sector. The sectors have unlocked the economic, social, and […]
Rwenzori Rare Metals (RRM), a subsidiary of Australian-based mining company Ionic Rare Earths Limited (IonicRE) awaits a mining lease, and ultimate permission to start development that will place Uganda on the map as a rare earth metal producer, after China. “All roads for Rare Earth Elements (REE) lead to China, but RRM will work with […]
The Final Investment Decision for the East African Energy Security and Energy Transition will be signed in 2023.
The government of Uganda has finally decided to terminate the power generation concession for the South African power firm, Eskom. The decision takes effect in March 2023. In 2019 Uganda legislators asked the government to terminate this contract on the basis of a lack of compliance with the terms of the concession. In […]
October 5, 2023 by nart | 2 Comments on SDF Projects Comes to an End
UCMP in partnership with Solid Rock life and Business and Seaowl (OGAS) were awarded a grant of over UShs 800 million from the Skills Development Facility under Private Sector foundation in partnership with World Bank. The recognition of the prior learning project was in order to assess and certify 100 workers from UCMP members and […]
Official oil drilling begins on December 15th, CNOOC officials confirmed to the Energy, and Mineral Development Minister, Hon Ruth Nankabirwa during a visit to the King Fisher Development Area. During this visit, the minister also commissioned the new drilling Rig LR 8001 and its testing to ensure that the machines work perfectly. The drilling […]
STATEMENT ON EUROPEAN UNION PARLIAMENT RESOLUTION ONEACOP PROJECT Reference is made to a copy of the European Parliament resolution, as seen on the European Union (EU) website, which raises several issues relating to ongoing oil and gas activities in the Republic of Uganda and the United Republic of Tanzania. The resolution, P9_TA (2022)0321 of 15 […]
PROJECT BRIEF DATE: 16THSeptember PLACE: Kampala, Uganda Oil produced in Uganda’s Lake Albert region will transit Tanzania through the East African Crude Oil Pipeline (EACOP) arriving at the coastal port of Tanga where it will then be sold into world markets. Oil production is expected to start in 2025. The legal and commercial framework for […]
