Tag: East Africa Crude Oil Pipeline (EACOP)

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Uganda Detains 21 People Protesting Sino-French Oil Project

Ugandan police arrested 21 environmentalists in the capital, Kampala, on Monday as they protested a controversial multi-billion-dollar oil development scheme, their lawyer said. The East African Crude Oil Pipeline Project (EACOP), headed by French oil giant TotalEnergies, involves drilling for oil ...

Protesters Target Chinese Embassies Over E. Africa Oil Project

Climate change campaigners protested at Chinese embassies in 10 countries on Tuesday, calling on China not to finance the construction of TotalEnergies' controversial oil pipeline in East Africa. Activists said Chinese banks and insurers are financiers of "last resort" for TotalEnergies, ...

Environmentalists: China Should Invest More in Renewable Energy Rather Than the East African Crude Oil Pipeline

Even as Uganda is seeking $1.8 billion for the East African Crude Oil Pipeline (EACOP), some Ugandan environmentalists are expressing displeasure with China’s involvement with the project. Their frustration stems from reports that China will finance the project. This ...

China Exim Bank to Finance Controversial East African Oil Pipeline: Media Reports

The China Exim Bank will reportedly come to the rescue of the East African Crude Oil Pipeline after Standard Chartered Bank withdrew from the project that aims to transport oil from western Uganda to the coast of Tanzania. Ugandan Energy Minister Ruth ...

Uganda’s Oil & Gas Charm-Offensive on Chinese Companies as Activists Intensify EACOP Protests

Climate security campaigner 350.org is pleading with financiers to withhold support of the construction of the 1,443km East Africa Crude Oil Pipeline (EACOP) which cuts across Tanzania and Uganda. On Thursday, the New York-based organization accused France's TotalEnergies of profiteering from ...

Analysis from Cobus van Staden

The Pain of Un-Polarity

“THE G2 WILL BE CONVENING SHORTLY!”
This post by U.S. President Donald Trump in the run-up to his meeting with Chinese President Xi Jinping last week may end up leaving a more lasting mark than the actual summit he attended.

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TotalEnergies Signs Deal With Chinese Contractor for Controversial Africa Pipeline Work

French energy giant TotalEnergies concluded a deal with China Petroleum Pipeline Engineering and East Africa Oil Pipeline operator EACOP to build the environmentally controversial pipeline in East Africa. The Chinese company will replace a Russian pipe supplier to provide some of ...

EACOP: Court to Determine Fate of Oil Pipeline Project by Chinese, Other Shareholders

Just days after Lloyd’s Cincinnati confirmed that it will not insure the controversial East Africa Crude Oil Pipeline (EACOP), the project faces another hurdle at the East African Court of Justice (EACJ). The EACJ is expected to rule in the case ...

Uganda to Become Africa’s Newest Oil Exporting Country With Inauguration of New Chinese-operated Drilling in Lake Albert

Ugandan President Yoweri Museveni's long-held ambition to export oil via the controversial East Africa Crude Oil Pipeline (EACOP) will move closer to reality on Tuesday when he commissions the country's first new drilling site in Lake Albert. The President will inaugurate ...

WEEK IN REVIEW: Chinese Foreign Direct Investment in BRI Countries Jumped 10.2% in the First Five Months of the Year

Chinese foreign direct investment in BRI countries jumped 10.2% to $8.2 billion in the first five months of the year, according to new data from the Chinese government. Singapore, Indonesia and Pakistan were among the top FDI destinations in 2022. But the news wasn't so good for Chinese ...