Total SA Could Become A Major Player In Ugandan Oil

September 13, 2016 Business Leave a comment

The Ugandan government in late August awarded oil production licenses to Total SA(NYSE:TOT), which should allow the company to begin activities required for future production. Total has made East Africa a primary focus for production growth, largely because of the immense Ugandan reserves. Here’s why Total seems so intent on beginning production activities and how this factors into its overall growth ...

Singapore Advises Uganda To Forget Oil, Concentrate On Agriculture

May 3, 2016 Business Comments Off on Singapore Advises Uganda To Forget Oil, Concentrate On Agriculture

Kampala — The Singapore minister of state for trade and industry has advised Uganda not to be excited by the potential prospects the oil industry seems to present.[1] Check also: Business: 15 Organizations That Will Help Fund Your Start Up Business In Africa According to Dr Koh Poh Koon,[4] much as oil has the potential to turn around Uganda’s economy, ...