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Uganda Oil & Gas News. Service for global professionals. Constantly updated news and information about Uganda.
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Latest Uganda Oil & Gas News

  • CORRECTION FROM SOURCE: Heritage Enters Into a Sale and Purchase Agreement to Sell Its Ugandan Interest for up to US$1.5 18 Dec 2009 17:50 GMT
    ... Sale and Purchase Agreement to Sell Its Ugandan Interest for up to US$1.5 Billion CALGARY, ... but should read 17 January 2010. Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, ... that the Company and Heritage Oil & Gas Limited ("HOGL") have entered into a sale ...

  • UPDATE 1-Heritage Oil agrees $1.5 bln Ugandan sale to Eni 18 Dec 2009 17:40 GMT
    ... LONDON, Dec 18 (Reuters) - British oil explorer Heritage Oil has agreed to sell petroleum exploration fields in Uganda to Italian oil company Eni in a deal worth up to $1.5 billion. But ...

  • Heritage arranges $1.5-billion (U.S.) Ugandan sale 18 Dec 2009 17:33 GMT
    ... SALE AND PURCHASE AGREEMENT TO SELL ITS UGANDAN INTEREST FOR UP TO US$1.5 BILLION A Heritage Oil PLC wholly owned subsidiary has entered into a binding ... Heritage Oil PLC and Heritage Oil & Gas Ltd. (HOGL) have entered into a sale ...

  • Replacement: HERITAGE ENTERS INTO A SPA 18 Dec 2009 17:25 GMT
    ... revenue or profits were generated from Heritage's Ugandan assets in the financial year ended 2008 ... shareholders (and the exchangeable shareholders of Heritage Oil Corporation) voting at a general meeting to be ... from a diversified portfolio of oil and gas assets. The Board of Directors, having been ...

  • Heritage Enters Into a Sale and Purchase Agreement to Sell Its Ugandan Interest for up to US$1.5 Billion 18 Dec 2009 16:34 GMT
    ... Sale and Purchase Agreement to Sell Its Ugandan Interest for up to US$1.5 Billion CALGARY, ... FOR DISSEMINATION IN THE UNITED STATES. Heritage Oil Plc (TSX:HOC)(LSE:HOIL), an independent upstream exploration and production company, ... that the Company and Heritage Oil & Gas Limited ("HOGL") have entered into a sale ...

  • HERITAGE ENTERS INTO A SALE AND PURCHASE AGREEMENT 18 Dec 2009 16:30 GMT
    ... revenue or profits were generated from Heritage's Ugandan assets in the financial year ended 2008 ... shareholders (and the exchangeable shareholders of Heritage Oil Corporation) voting at a general meeting to be ... from a diversified portfolio of oil and gas assets. The Board of Directors, having been ...

  • UPDATE 2-Tanzania inflation rate down, seen easing further 18 Dec 2009 13:37 GMT
    ... food harvests hit the market but rising oil prices will keep pushing the price of other ... or 43 percent. Like neighbouring Kenya and Uganda, Tanzania has experienced double-digit inflation since last ... INFLATION/ Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters ...

  • UPDATE ON SECOND UGANDA WELL 18 Dec 2009 12:56 GMT
    ... that it has signed a contract with Oil & Gas Exploration Company Cracow Limited ( ... exploration well in Exploration Area 5 ("EA5"), Uganda. Drilling will begin after full EIA approval ... to total depth. As previously advised, Global Petroleum has elected to maintain its option to ...

  • Nakaseke Gets New Health Centre 18 Dec 2009 04:40 GMT
    ... Global Children Foundation and director for BB Petroleum Company in the UK, Noreen Bavister, said ... children in rural areas worldwide. She said Uganda was the third African country of the ...

  • Yes Men behind Canada environment spoof 18 Dec 2009 04:34 GMT
    ... has the most energy-intensive, destructive and polluting oil reserves in the world. The are in fact ... spoke out as a member of the Ugandan delegation. “This debate isn't just about facts ...

  • Strong shilling hits local tax revenue 17 Dec 2009 21:36 GMT
    ... first quarter of the financial year, a Uganda Revenue Authority (URA) report shows. The revenue ... as raw materials, plant and machinery and petroleum. Some of the major raw materials imported ... for the milling and bakery industry, palm oil for the edible oil industry as well ...

  • A New World War for a New World Order, The Origins of World War Part 2 17 Dec 2009 18:15 GMT
    ... further inflame the region in conflict and turmoil. Expanding the Afghan war into Pakistan is akin ... United States, through its proxy state of Uganda, funded military operations and trained the Rwandan ... desire to access Africa’s diamonds, oil, natural gas, and other precious resources . . . ...

  • Climate plan a $3,000 con 17 Dec 2009 09:41 GMT
    ... These 49 countries include the likes of Uganda, Burundi and Sudan. There is a perception ... in Alberta, a large percentage of Alberta’s oil and gas is consumed in Eastern Canada and many ...

  • African Markets - Factors to watch on Dec 17 17 Dec 2009 06:15 GMT
    ... was up 0.42 percent at 1,651.53 points. Uganda's revenue collections grew by 19.3 percent in ... of pro-democracy marchers in Guinea. Angolan crude oil exports are expected to fall slightly in February ... well above the output target set by OPEC, which meets in Angola next week to ...

  • Priotise Human Resource Investments not Natural Resources ' Chris Addy-Nayo 17 Dec 2009 06:10 GMT
    ... resources will outlive similar investments made in oil rigs or oil exploitation. He mentioned that the ... excessive fixiation on the newly discovered Oil reserves as a silver bullet solution to the ... in Sweden with members from Liberia, Gambia, Uganda, Ivory Coast, Kenya, South Africa and Cameroon. ...


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