Energy, Oil & Gas

Energy, Oil & Gas

General Electric-led consortium signs refinery deal, upsetting energy officials

The government has signed a project framework agreement with the Albertine Graben Refinery Consortium to finance and construct Uganda's first oil refinery; the deal has left officials in the energy ministry upset
EconomyEnergy, Oil & Gas

Power prices for second quarter of 2018 fall slightly

Electricity tariffs to be charged by Umeme from April to June will reduce slightly following favourable changes in the dispatch of generation plants
An electricity poll
CompaniesCorporate earnings and resultsEnergy, Oil & GasMarkets

Shocks ahead for Uganda electricity users as rule change jolts Umeme 2017 profit

Uganda’s largest electricity distributor Umeme saw a 32% drop in earnings before interest, taxes, depreciation and amortization in 2017 after a change in its license clawed away revenues previously earned from excess power sold, its full-year results show
Energy, Oil & Gas

Total, Cnooc reach deal on Tullow’s oil fields

Total E&P Uganda and the China National Offshore Oil Corporation have reached a compromise on the operation of the Buliisa fields in Exploration Area 2, the license area previously operated by Tullow Oil PLC
A drilling rig at a drilling site in Uganda
Energy, Oil & Gas

DfID launches competition to stimulate off-grid cold chain technology

The goal of the competition is to stimulate innovation and investment in the sector and help to drive market development, bringing prices down for those who need it most
Energy, Oil & Gas

Petroleum Authority to launch talent register for oil jobs

The Petroleum Authority of Uganda says it plans to launch a national talent register listing individuals trained and qualified in different fields related to the oil industry
A drilling rig at a drilling site in Uganda
Energy, Oil & Gas

Uganda among beneficiaries of EU’s €13m minerals grant

Uganda is among six beneficiaries of a €13m (Shs58b) grant from the European Union under the ACP-EU development minerals programme, a pioneering three-year, multi-country initiative, to build the profile and improve the management of development minerals in Africa, the Caribbean and the Pacific
Energy, Oil & Gas

Unoc shareholders yet to pay Shs10bn share capital

The ministries of Energy and Finance, the two shareholders of the Uganda National Oil Company, are yet to pay share capital amounting to Shs10 billion
Energy, Oil & Gas

America’s General Electric and Italy’s Saipem given nod on refinery tender

America’s General Electric (GE) and Italy’s Saipem SpA from Italy will likely build Uganda’s proposed oil refinery in Hoima district after a Cabinet meeting on Wednesday evening cleared the two companies for the $4bn tender
Energy, Oil & Gas

Unoc starts process to sell 45,000 barrels of crude oil from well testing

The Uganda National Oil Company has issued notices calling for bids for the sale of 45,211 barrels of crude oil from extended well tests concluded six years ago
A drilling rig at a drilling site in Uganda
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