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Uganda
Sinosure doubts over EACOP worry Museveni and TotalEnergies

The Chinese export credit insurer released $2bn for the project last September but is hesitating over a further $3bn outlay amid project criticisms. [...]

Published on 09/05/2024 at 05:40 GMT Reading time 2 minutes

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Energy

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Uganda
China National Offshore Oil Corp
Philippe Groueix
Ruth Nankabirwa
Sinosure
Song Shuguang
TotalEnergies
Xi Jinping
Yoweri Museveni

Tanzania, Uganda
TotalEnergies heads to Dar es Salaam and Kampala in last-ditch bid to clinch EACOP finance deal

For months, the French oil major has been tussling with its Ugandan and Tanzanian partners over the financing of the East African Crude Oil Pipeline. Its head of exploration and production has been dispatched to find a compromise by 19 December.

Subscribers only Energy 12.12.2024

Spotlight | Tanzania, Uganda
Delays, finance woes and reshuffles signal TotalEnergies' Tilenga troubles

The French major is well behind schedule in its plans to bring the Tilenga oil field on stream, while financing for the EACOP export pipeline is far from complete. Irked, group CEO Patrick Pouyanné has reshuffled key executives in a bid to speed things up.

Subscribers only Energy 08.10.2024

Chairman and CEO of TotalEnergies Patrick Pouyanné in Paris on 23 May 2024.

Spotlight | Tanzania, Uganda
TotalEnergies secures Africa Finance Corp backing for East African pipeline

In an effort to stem the criticism of environmentalists and growing investor disinterest, the boss of the French major, Patrick Pouyanné, has persuaded the pan-African financial institution to support the planned oil pipeline between Uganda and Tanzania.

Subscribers only Energy 10.07.2024

Patrick Pouyanné, TotalEnergies CEO, in Paris on 8 June 2024.

Uganda
Kampala embarrassed by two tonnes of missing gold

Uganda is seeking to dispel its reputation as a hotbed of illicit gold trading. But a recent report, which revealed major discrepancies between gold imports and exports and singled out several companies, shows that the country has a long way to go.

Subscribers only Mining, Commodity traders 23.11.2023

Gold being refined in a factory in Uganda.

Spotlight | Uganda
Uganda struggles to launch $4bn oil refinery

Uganda's aim of building its own crude refinery seems further than ever from fulfilment. Tired of delays by the Western companies tasked with the project, President Museveni is considering turning to Chinese partners to get it off the ground.

Subscribers only Energy, Politics 11.07.2023

Spotlight | DRC, Tanzania, Uganda
Tshisekedi wants slice of planned Ugandan crude oil pipeline pie, TotalEnergies sceptical

The president of DRC is pushing for his country to have a stake in the East African Crude Oil Pipeline (EACOP) through which Uganda's plans to export via Tanzania, despite the fact no crude oil has been discovered on the Congolese side of Lake Albert.

Subscribers only Energy, Politics, Diplomacy 16.05.2023

President of Democratic Republic of Congo Felix Tshisekedi shakes hands with Uganda's President Yoweri Museveni in Entebbe, Uganda, on the 9th of November 2019.

Spotlight | DRC
Kinshasa in talks with CNOOC over Dan Gertler's former Lake Albert blocks

The oil blocks on the Congolese side of Lake Albert, long held by Israeli billionaire Gertler, are back on the market. Kinshasa is in confidential talks with the Chinese major CNOOC.

Subscribers only Energy 19.04.2023

DRC President Felix Tshisekedi, 22 September 2022.

Uganda
Museveni cuts security spending and MPs expenses to finance oil pipeline

Several state entities in Uganda have been ordered to trim their budgets so that more funds can be allocated to national oil firm UNOC. The police and army are among those set to take a hit.

Subscribers only Energy 14.02.2023

Ugandan President Yoweri Museveni in Kampala in June 2021.

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Uganda
China National Offshore Oil Corp
Philippe Groueix
Ruth Nankabirwa
Sinosure
Song Shuguang
TotalEnergies
Xi Jinping
Yoweri Museveni

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Uganda
Sinosure doubts over EACOP worry Museveni and TotalEnergies

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Tanzania, Uganda
TotalEnergies heads to Dar es Salaam and Kampala in last-ditch bid to clinch EACOP finance deal

Spotlight | Tanzania, Uganda
Delays, finance woes and reshuffles signal TotalEnergies' Tilenga troubles

Spotlight | Tanzania, Uganda
TotalEnergies secures Africa Finance Corp backing for East African pipeline

Uganda
Kampala embarrassed by two tonnes of missing gold

Spotlight | Uganda
Uganda struggles to launch $4bn oil refinery

Spotlight | DRC, Tanzania, Uganda
Tshisekedi wants slice of planned Ugandan crude oil pipeline pie, TotalEnergies sceptical

Spotlight | DRC
Kinshasa in talks with CNOOC over Dan Gertler's former Lake Albert blocks

Uganda
Museveni cuts security spending and MPs expenses to finance oil pipeline

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Indigo Publications' websites

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Uganda Sinosure doubts over EACOP worry Museveni and TotalEnergies

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Set up email notifications for these topics

Tanzania, Uganda TotalEnergies heads to Dar es Salaam and Kampala in last-ditch bid to clinch EACOP finance deal

Spotlight | Tanzania, Uganda Delays, finance woes and reshuffles signal TotalEnergies' Tilenga troubles

Spotlight | Tanzania, Uganda TotalEnergies secures Africa Finance Corp backing for East African pipeline

Uganda Kampala embarrassed by two tonnes of missing gold

Spotlight | Uganda Uganda struggles to launch $4bn oil refinery

Spotlight | DRC, Tanzania, Uganda Tshisekedi wants slice of planned Ugandan crude oil pipeline pie, TotalEnergies sceptical

Spotlight | DRC Kinshasa in talks with CNOOC over Dan Gertler's former Lake Albert blocks

Uganda Museveni cuts security spending and MPs expenses to finance oil pipeline

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Senegal
Guns and oil drive Russia's Dakar courtship

Uganda
Sinosure doubts over EACOP worry Museveni and TotalEnergies

Tanzania, Uganda
TotalEnergies heads to Dar es Salaam and Kampala in last-ditch bid to clinch EACOP finance deal

Spotlight | Tanzania, Uganda
Delays, finance woes and reshuffles signal TotalEnergies' Tilenga troubles

Spotlight | Tanzania, Uganda
TotalEnergies secures Africa Finance Corp backing for East African pipeline

Uganda
Kampala embarrassed by two tonnes of missing gold

Spotlight | Uganda
Uganda struggles to launch $4bn oil refinery

Spotlight | DRC, Tanzania, Uganda
Tshisekedi wants slice of planned Ugandan crude oil pipeline pie, TotalEnergies sceptical

Spotlight | DRC
Kinshasa in talks with CNOOC over Dan Gertler's former Lake Albert blocks

Uganda
Museveni cuts security spending and MPs expenses to finance oil pipeline