While commemorating the Bastille Day on July 12 2024 H.E. Xavier Sticker the Ambassador of France to Uganda announced that French Firms are to invest over $4b in Uganda, to …
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This time next year, Umeme, one of Uganda’s most well-known utility brands, will have different owners, perhaps even a new name. Following the decision not to extend a 20-year concession, …
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EnergyGlobal NewsLatest NewsNewsOil & GasRegional News
How Kenya’s $40M Bond Fee Hike At Vitol Terminal Hampers Uganda’s Competitive Fuel Prices Effort
Uganda’s efforts to ensure competitive fuel prices at the pump are far from yielding results as Kenya increases the Vitol terminal bond fee to USD 40 million. Last year, Ugandan …
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Uganda has taken a significant step in securing its energy independence with the arrival of its first oil consignment imported directly by the Uganda National Oil Company (UNOC) from the …
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The government has significantly increased its annual budget allocation for the oil and gas sector in anticipation of the country’s first oil production, which is set to begin by the …
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EnergyIndustry & TradeLatest News
Energy investment, Uganda’s preparedness to modern, sustainable renewable sources of energy, the future and opportunities ahead
Renewable energy refers to energy sources that are naturally replenished on a human timescale and are derived from natural processes. Unlike fossil fuels, which are finite and can be depleted, …
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Uganda and Kenya have signed a tripartite agreement on the importation and transit of petroleum products through the two countries. The deal was signed on Thursday, May 16, 2024, during …
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In the fiscal year 2022/23, the Uganda Electricity Transmission Company Limited (UETCL) reached new heights, with strong sales revenue and expanded capacity. Uganda Electricity Transmission Company Limited (UETCL) stood out, …
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Latest NewsNewsOil & GasTourism
TotalEnergies plans to invest in Uganda’s biodiversity conservation
TotalEnergies will financially contribute towards increasing the number of Murchison Falls park rangers and support a project to reintroduce black rhinoceros in Uganda. The French resource company is developing the …
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Uganda plans to construct an oil refinery capable of processing 60,000 barrels of oil per day in Kabaale, Buseruka Sub-County in Hoima District. The project encompasses several components, including the …