13:39 : Total To Spend $300 Million On Uganda Exploration Activities This Year-Exec -
KAMPALA, Uganda -(Dow Jones)- Total Exploration and Production Uganda Ltd., a unit of Total SA (TOT) is planning to spend at least $300 million on exploration and appraisal activities in its two exploration areas in Uganda ...
14:11 : Uganda signs oil production deal -
Oil production is set to start in Uganda after a deal is signed between the government and London-based Tullow oil, which also draws in Chinese and French firms.
11:23 : Tullow Oil slides more than 5% after production update disappoints -
Tullow forecasts record revenues for 2011 but daily oil production figures come in below expectationsTullow Oil is on the slide after the exploration group revealed disappointing production figures.The company, which is working on ...
07:14 : Uganda's fledgling oil industry could undermine development progress -
The discovery of oil has been billed as good news for Ugandans, but many people in one district are alarmed by events so farThe discovery of oil in western Uganda could spell an end to poverty in the country within decades, ...
16:43 : David Steel linked to businessman facing bribery allegations -
Former Liberal leader was hired to lobby on behalf of bid to land contract for ID cards in UgandaThe Liberal Democrat grandee David Steel lobbied the president of Uganda to land a profitable contract for a former business partner who is ...
04:34 : Tullow buoyed by African oil finds -
TULLOW Oil, the Dublin and London-listed company, said yesterday it found oil in line with pre-drill expectations at sites off the coast of Ghana and onshore in Uganda.
03:16 : PRESS DIGEST - British business - June 2 -
Britain is at "high risk" of energy price shocks in the short-term, with a dependence on imports making it as vulnerable as Uganda, research by risk analysis firm Maplecroft has shown.