Energy, Oil & Gas

CommoditiesEnergy, Oil & Gas

Uganda refused use of Kenya’s pipeline in Vitol deal

Unoc failed to meet licensing requirements for certain annual petroleum sales in Kenya, operation of five service stations and a depot in Kenya
A petroleum storage facility run by the Kenya Pipeline Company
CommoditiesEconomyEnergy, Oil & Gas

Vitol deal long overdue response to high Kenyan fuel prices – Museveni

President says Uganda's decision to give Vitol exclusive rights to supply fuel was to eliminate exorbitant fees charged by Kenyan middlemen
A fuel station in Kibuye, Kampala
CommoditiesEnergy, Oil & Gas

Why Uganda is entering exclusive fuel supply deal with Vitol

Uganda's decision to give the Dutch Vitol Group exclusive rights to supply its fuel was prompted by frustration at being kept in the dark about a similar deal between Kenya and two Gulf states
A Shell petrol station in Kampala, managed by Vivo Energy
Energy, Oil & Gas

Electricity tariffs remain unchanged for the 4th quarter

The appreciation of the Ugandan shilling against the US dollar offset increases in core consumer prices and global crude oil prices, resulting in no adjustment to electricity tariffs in Q4 2023
Electricity plugs on a wall, and phone chargers, in an interior setting
Energy, Oil & GasOpinion

The role of private investors in Africa’s clean energy transition

Africa has enormous potential for clean energy, and investing in the sector can be a win-win for investors and the continent
Blue solar panel board
Energy, Oil & GasInfrastructure

Mahathi Infra Uganda secures investment from the Africa Finance Corporation

Investment by the Lagos-based multilateral development finance institution will bring the Lake Victoria fuel transportation project closer to completion
A self-propelled barge on a lake
Energy, Oil & Gas

Energy minister says west should damp down expectations for renewable energy transition in Africa

Global push to transition from fossil fuels to sustainable energy systems should be counterbalanced with the development realities and the needs of the African continent,
A male speaker at a panel discussion
CompaniesCorporate earnings and resultsEnergy, Oil & GasMarkets

Umeme returns to revenue and profits growth

Umeme Limited pointed to an increase in electricity sales and customer connections as the power distributor returned to year on year revenue and profits growth in 2021
Electricity Transformers
EnvironmentOpinion

Green finance: laying ground for a low-carbon future

Climate change will have a significant impact on Uganda’s economy, which is over-reliant on natural resources. Primary sectors such as agriculture, water, energy, and fisheries are highly vulnerable
Blue solar panel boards
Energy, Oil & Gas

Australia’s Worley, France’s Schneider, Bolloré tipped for $3bn pipeline tenders

Australia’s WorleyParsons Ltd is the frontrunner for the engineering, procurement, and construction management tender for the Uganda-Tanzania East African Crude Oil Pipeline
Map showing the East African Crude Oil Export Pipeline route.
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