Oil & Gas

Fuel pump prices in Uganda have hit through the roof, causing fears that it may result into a rise in commodity prices and ultimately trigger inflation. Currently,   a liter of petrol in Kampala is averaging Shs4,400 up from an average of Shs3, 800 in January this year. Diesel prices are

By Reuters Uganda, which is developing oil deposits but has yet to begin production, will launch its next bidding round for oil exploration licenses in May 2019, a government official said on Tuesday. Uganda discovered 6.5 billion barrels worth of hydrocarbon deposits 12 years ago in the Albertine rift basin

Kenya listed oil marketer KenolKobil is set to acquire 33 petrol stations in Uganda and Rwanda, marking a return to expansion nearly three years since it scaled down its regional footprint by exiting Tanzania and the Democratic Republic of Congo markets, Daily Nation reports. The company announced on Wednesday that

Total E&P Uganda, the lead company on the Tilenga and EACOP Projects Thursday unveiled the first batch of welding students to be trained as part of the welders training programme launched earlier this year. The welders form the 1st batch of 25 out of the 200 students targeted for this

Local suppliers are likely to earn over 150 billion shillings from supply of goods and services to the oil and gas sector in 2018. Petroleum Authority Executive Director, Dr Earnest Rubondo confirms that the Authority approved work programmes for local companies to the tune of $400m (Shs1.5 trillion) for the

South Sudan has announced that it will resume pumping oil next month in areas where it was suspended in 2013 because of the civil war. Production is expected to return to its normal average of 375,000 barrels per day in three years, with an anticipated 210,000 barrels by the end

By Peter Abaanabasazi Homa The Uganda National Oil Company-UNOC has urged Ugandan investors to prepare and take advantage of opportunities in the oil and gas industry. UNOC is a state own company established under section 42 of the petroleum Act 2013 mandated  to handle the State’s commercial interests in the

Tanzania wants to build a pipeline to pump natural gas to neighbouring Uganda, another step in the two countries’ bid to expand energy cooperation, Business Daily reports. State-run Tanzania Petroleum Development Corporation (TPDC) said on Monday that the pipeline would start from its capital Dar es Salaam, then pass through