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Author: ucem

Industry news

Uganda commits to stop biodiversity loss by 2030

October 5, 2023 by ucem

Agriculture and energy are two economic sectors that have the highest impacts on biodiversity loss, a new study has shown.  The study was done between January and April 2022 and specifically demonstrates that the use of charcoal and wood fuel for heating and cooking are major drivers of biodiversity loss.  On the other hand, population […]

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Industry news

Why insurers and financiers shun the mining industry?

October 5, 2023 by ucem

In spite of ripe business opportunities in the mining sector, insurers and financiers continue to shun the industry owing to the high risks involved in mining operations, industry experts said. The mining risk goes hand in hand with changing global trends. These include:  Environment, Social, and Governance (ESG)  for example, extreme weather like floods that […]

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Industry news

Africa Energy Week Opens in South Africa with a bang

October 5, 2023 by ucem

The 2022 edition of African Energy Week (AEW) 2022 officially kicked off with opening messages given by a suite of high-level African energy ministers. Under the theme ‘Exploring and Investing in Africa’s Energy Future while Driving an Enabling Environment,’ the opening ceremony – sponsored by the Nigerian National Petroleum Corporation Limited – set the tone […]

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Industry news

Your 90 questions answered to mark end of 2nd edition of 90Daysofoil campaign

October 5, 2023 by ucem

The second edition of the #90DaysofOil campaigns run by the Uganda Chamber of Mines and Petroleum (UCMP) came to an end on October 16th with tweeter space hosted by Discourse Africa. The panel of experts including: Ms. Betty Namubiru, Manager of National Content Monitoring at the Petroleum Authority of Uganda  (PAU), Mr. Ocitti Bob Felix, […]

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Industry news

90 questions to end the #90DaysofOil campaign.

October 5, 2023 by ucem

The #90DaysofOil campaign comes to an end on 15th October with experts lined up to respond to 90 questions raised by the public. The questions touch on the social, economic, health and safety, environmental,  technical aspects, and accountability issues for the upstream projects: Tilenga, King Fisher, Central Processing Facility, East African Crude Oil Pipeline, EACOP, […]

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Industry news

Uganda invites investors to exploit the most sought green energy minerals

October 5, 2023 by ucem

Investing in intellectual assets, mineral exploitation while retaining in-country values through technology transfer, and value addition to strategic minerals that answer to the needs of Uganda in addressing socio-economic and energy transformation were emerging issues during the 11th Annual Mineral Wealth Conference (MWC) held in Kampala recently.  “The national strategy is science-led transformation. This is […]

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Industry news

UCMP to sponsor lucky individuals to visit the Albertine Graben – Bunyoro Region

October 5, 2023 by ucem

As part of the #90DaysOfOil campaign, the Uganda Chamber of Mines & Petroleum (UCMP) will support a field visit of at least ten (10) Ugandans to the Albertine Graben in Bunyoro region.  The purpose of the field visit is to give participants an appreciation of the actual ongoing works and opportunities therein especially for linkages […]

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Industry news

EU Parliament resolution to stop EACOP not in good faith.

October 5, 2023 by ucem

Even though the European Union (EU) parliament’s resolution to stop the construction of the East African Crude Oil pipeline (EACOP)  is not legally binding, the move has reignited colonial sentiments, with Uganda, Tanzania, and pan Africanists making an outright rejection of neo-colonialism.  The September 15 2022 resolution was based on claims that Uganda and Tanzania […]

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Industry news

Uganda parliament hits back at EU legislators, give a thumb-up to the country’s oil projects

October 5, 2023 by ucem

The European Union (EU) parliament is the latest to raise objections to Uganda and Tanzania’s oil and gas projects on grounds of human rights violations. But Ugandan legislators made a swift move to shoot down the baseless claims. Below is the parliament’s proceeding verbatim.  PROCEEDINGS OF THE 30th SITTING OF THE FIRST MEETING OF THE […]

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Industry news

Linking other sectors of the economy to oil and gas will generate an extra $8 billion

October 5, 2023 by ucem

Linkages between Uganda’s oil and gas to other sectors of the economy are progressively being created, a move intended to leave lasting economic values long after the oil and gas production comes to fruition.  Data published by the Petroleum Authority of Uganda (PAU) indicates that creating linkages between the oil and gas and other sectors […]

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Industry news

Energy and Climate Change, an interconnected global challenge.

October 5, 2023 by ucem

In 2015, countries around the world made a major stride – they agreed to reduce carbon emissions by half of this century. This saw 196 countries sign on to the Paris Agreement which binds each signatory to take country-specific actions.  The agreement was adopted on  12th December 2015 during the 21st Conference of the Parties […]

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Industry news

After securing govt licenses for oil blocks, now companies must secure another one-social license to operate in affected communities

October 5, 2023 by ucem

After securing govt licenses for oil blocks, now companies must secure another one-social license to operate in affected communities As oil and gas companies accelerate activities leading to oil production, they have a difficult part to accomplish- achieving social licenses to operate – in a manner that is consistent with International principles or risk losing […]

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