Uganda National Oil Company (Unoc) has started selling petroleum products to oil marketing firms in Tanzania and Uganda as it tests the market ahead of rolling out a direct import deal with Vitol Bahrain. Officials of oil companies who spoke to this publication say that Unoc has offered products to
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Trucks transporting petroleum products to Uganda. File | Nation Media Group Uganda National Oil Company (UNOC) has started selling petroleum products to oil marketing firms in Tanzania and Uganda as it tests the market ahead of rolling out a direct import deal with Vitol Bahrain. Officials of oil companies who
Read MoreThe governing board of the Uganda Chamber of Mines and Petroleum (UCMP) and the Petroleum Authority of Uganda Officials shortly after a recent meeting to discuss issues on how National Participation of Ugandan companies can be enhanced in the oil and gas sector. In the wake of the announcement of
Read MoreTotal's oil drilling rig at work in Buliisa The Uganda National Oil Company (UNOC) has revealed that Uganda’s oil and gas sector has cumulatively attracted contracts worth US7.163Bn (Shs28.052Trn). However, locally owned companies have only scooped deals worth US2Bn (Shs7.830Trn). The revelation was made by Proscovia Nabbanja, the Chief Executive Officer at Uganda
Read MoreGovernment officers and Kenya Pipeline Engineers inspect the newly constructed Kisumu Oil Jetty at Kenya Pipeline Company on this picture taken on February 28, 2018. PHOTO | FILE | NMG Kenyan oil dealers are in a crisis mode after Uganda stuck to its guns and started talks with Tanzania to
Read MoreParticipants posing for a photo with their certificates after the training at Kabalega Resort Hotel in Hoima city on Wednesday Several small and medium enterprise (SME) owners have been recently placed in a better position to win contracts along the proposed East African Crude Oil Pipeline (EACOP) after completion of
Read MoreNegotiations With UAE Firm To Finance & Construct Shs15Trn Oil Refinery At Final Stages-Govt
President Yoweri Museveni last year launched spudding of oil wells at Kingfisher oil project operated by CNOOC in Kikuube District The Government of Uganda has revealed that negotiations for the financing and construction of the country’s USD 4 billion (Shs15.26 trillion) domestic refinery began this month after Alpha MBM Investments
Read MoreThe Energy and Mineral Development Minister, Ruth Nankabirwa addressing Journalists at Amber House on Tuesday Uganda has kicked off consultations with Tanzania to allow the Uganda National Oil Company to market and handle fuel imports. The latest move comes after declined to issue Uganda National Oil Corporation (UNOC) a license
Read MoreActionAid International is urging countries including Uganda to impose taxes on surplus profits earned by fossil and the banking sectors. ActionAid International says a surplus profit technically known as a Windfall profit tax could generate as much as US$382 billion in revenue, an amount that could be spent on public
Read MorePresident of Dangote Group, Alhaji Aliko Dangote, Dangote Petroleum Refinery has commenced production of diesel and aviation fuel. President of Dangote Group, Alhaji Aliko Dangote, elatedly thanked President Bola Ahmed Tinubu for his support, encouragement, and thoughtful advice towards the actualisation of this project. Dangote also thanked the Nigerian National
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