Energy, Oil & Gas

EconomyEnergy, Oil & Gas

Uganda fuel imports hit 85 million litres

The majority of the petroleum products, 92%, were imported through Mombasa port in Kenya, while only 8% arrived via Dar es Salaam on the Tanzanian coast
Energy, Oil & Gas

Licence for Ngassa block to be awarded in October

Uganda will issue two exploration licences and also sign a Production Sharing Agreement for the Ngassa oil block, Hoima District, in early October, the energy minister has said
Energy, Oil & Gas

Australia’s Armour Energy to spend $2m in first two years of exploration

The newly licensed Australian junior exploration company, Armour Energy Limited, will invest Shs7bn in its first two years in Uganda, its chief executive officer revealed on Thursday in Kampala
Energy, Oil & Gas

Exploration licence for Kanywataba field to be awarded Thursday

Energy minister Irene Muloni, will on Thursday issue an exploration licence for the Kanywantaba oil block in Ntoroko District to Australian junior exploration company, Armour Energy Limited
Energy, Oil & GasPolitics & Policy

Refinery deal in limbo after Energy PS is sacked

A cloud of uncertainty hangs over Uganda's $4bn refinery tender awarded to a consortium led by a Mauritius-based private equity fund, Intra-continental Asset Holdings (IA), after Wednesday’s sacking of energy ministry permanent secretary, Stephen Isabalija
Energy, Oil & Gas

Uganda selects oil refinery investor

The government has tapped a consortium of American and Italian firms to finance and construct the $4 bn oil refinery
Energy, Oil & Gas

Standard Group, China’s IBC to advise on oil pipeline financing

The pipeline, running 1,445km from Kabaale in Hoima district to Tanga Port on the Indian Ocean, will be financed through debt
Energy, Oil & Gas

Electricity prices to fall further in third quarter

Power prices are to reduce for the second consecutive quarter due to a stronger shilling and lower fuel prices, according to a tariff schedule released by the Electricity Regulatory Authority
An electricity poll
Energy, Oil & Gas

Uganda gets database for oil and gas suppliers

The Petroleum Authority of Uganda has launched the National Supplier Database, which will serve as a one-stop centre for local and international oil and gas suppliers
Energy, Oil & Gas

Government banks on SBI-Colas joint venture to construct Hoima airport

Uganda Business News understands that government signed a Memorandum of Understanding with Colas and SBI International Holdings AG (U) under a joint venture called SBC to move forward with the project so far tagged to a cost of Shs700b.
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