Uganda on Course for First Oil in 2025 – PAU

The drilling of production wells for the Kingfisher and Tilenga oil production projects is continuing since the launch in January 2023.  This is in preparation for the planned commencement of … Read More

UGANDA: Parliament Passes the Public Finance Management (Amendment) Bill, 2021

The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, … Read More

UGANDA: EACOP Bill to Pave Way for Final Investment Decision

Source: PAU Website The Passing of East Africa Crude Oil Pipeline (EACOP) (Special Provisions) Bill 2021, the enabling legislation to operationalise the agreements is a requirement for the International Oil … Read More

Albertine Refinery to Add $3B Annually to Uganda’s GDP

The Uganda National Oil Company (UNOC) has said studies have indicated a positive cost-benefit analysis for the Albertine Graben Refinery adding up to $3.3 billion annually to the country’s national … Read More

Uganda, Tanzania, Total Sign Final Agreements for the Lake Albert Resources Development Project

During a signing ceremony held yesterday in Entebbe, in the presence of Yoweri Museveni, President of the Republic of Uganda, Samia Suluhu Hassan, President of the United Republic of Tanzania, Patrick … Read More

Uganda Cooperative Alliance Signs MOU with Stanbic Bank Incubator

The Stanbic Business Incubator Centre and Uganda Cooperative Alliance (UCA) have signed a memorandum of understanding to help streamline the businesses operations of member societies across the country. It entails … Read More

Total Deal Catalyst for Uganda Oil, COVID-19 Should Not Delay Upstream final investment decision (FID)

By Thomas Hedley, Field Editor, Africa Oil & Power Hosted under the theme ‘Taking Advantage of Opportunities in Uganda’s Oil & Gas Sector,’ an Africa Oil & Power webinar yesterday … Read More