Uganda National Oil Company

Energy, Oil & Gas

Uganda raises oil reserves estimate as first production nears in 2026

The reserve upgrade comes as the operator consortium maintains its schedule for the start of commercial production in the second half of next year
The East African Crude Oil Pipeline route from Uganda to Tanzania
CompaniesEnergy, Oil & Gas

Careful management of market uncertainties required to maximise returns from oil and gas

Uganda's oil and gas industry needs a minimum global crude oil price of $63 (Shs237,893) per barrel for maximum profitability
Workers at the Kingfisher Oil Field in Kikuube, Uganda, on 24 January, 2023. Ugandan President Yoweri Museveni launched the drilling process at the Kingfisher Oil Field, operated by the Chinese oil giant China National Offshore Oil Corporation Cnooc.
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
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

Oil companies take final investment decision on Uganda projects

TotalEnergies, the French energy group, and the China National Offshore Oil Corporation have announced the long-awaited final investment decision for Uganda's oil projects, collectively referred to as the Lake Albert Development Project
A group photo of oil company executives in Kampala, Uganda
Energy, Oil & Gas

Understanding Uganda’s revenue from the oil and gas sector

How much will Uganda earn from the oil and gas industry, and how was it determined? How much do the foreign oil companies stand to make? A dissection of Uganda's production-sharing agreements
A drilling rig at the Kingfisher field in Western Uganda
Energy, Oil & Gas

Uganda, Tanzania and Total sign off on pipeline project

Uganda, Tanzania, and Total S.A. on Sunday signed three agreements to finalise the development of an oil pipeline from Uganda's oil fields to Tanga on the Tanzanian coast
Presidents Suluhu Hassan and Yoweri Museveni, seated
Energy, Oil & Gas

Uganda hopeful of investment decision on oil projects as pipeline meeting is deferred

Uganda and Tanzania have postponed a high-profile meeting on the East African Crude Oil Pipeline, initially scheduled for Monday, following the death of Tanzanian President John Magufuli
Map showing the East African Crude Oil Export Pipeline route.
Energy, Oil & Gas

Proscovia Nabbanja appointed National Oil Company chief

Ms Nabbanja takes the job at a difficult time for Uganda's oil and gas sector where a tax dispute between the government and oil companies has stalled financial close and an expected $10bn in investment
Proscovia Nabbanja, the new acting chief executive at the Uganda National Oil Company
Energy, Oil & GasPolitics & Policy

Proscovia Nabbanja named UNOC caretaker chief executive

Proscovia Nabbanja has been appointed as caretaker chief executive officer at the Uganda National Oil Company, replacing Josephine Wapakabulo, who is resigning
Proscovia Nabbanja, the new acting chief executive at the Uganda National Oil Company
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