UGANDA: Parliament Passes the Public Finance Management (Amendment) Bill, 2021

The Uganda National Oil Company (UNOC) will now retain a portion of the proceeds from the sale of petroleum products following the passing of the Public Finance Management (Amendment) Bill, … Read More

UGANDA: EACOP Bill to Pave Way for Final Investment Decision

Source: PAU Website The Passing of East Africa Crude Oil Pipeline (EACOP) (Special Provisions) Bill 2021, the enabling legislation to operationalise the agreements is a requirement for the International Oil … Read More

Albertine Refinery to Add $3B Annually to Uganda’s GDP

The Uganda National Oil Company (UNOC) has said studies have indicated a positive cost-benefit analysis for the Albertine Graben Refinery adding up to $3.3 billion annually to the country’s national … Read More

Uganda, Tanzania, Total Sign Final Agreements for the Lake Albert Resources Development Project

During a signing ceremony held yesterday in Entebbe, in the presence of Yoweri Museveni, President of the Republic of Uganda, Samia Suluhu Hassan, President of the United Republic of Tanzania, Patrick … Read More

Uganda Cooperative Alliance Signs MOU with Stanbic Bank Incubator

The Stanbic Business Incubator Centre and Uganda Cooperative Alliance (UCA) have signed a memorandum of understanding to help streamline the businesses operations of member societies across the country. It entails … Read More

Total Deal Catalyst for Uganda Oil, COVID-19 Should Not Delay Upstream final investment decision (FID)

By Thomas Hedley, Field Editor, Africa Oil & Power Hosted under the theme ‘Taking Advantage of Opportunities in Uganda’s Oil & Gas Sector,’ an Africa Oil & Power webinar yesterday … Read More

Kenyan Delegation visits Uganda to Benchmark on Establishment of a Petroleum Regulatory Authority

A delegation from the Ministry of Petroleum and Mines, Kenya has completed a two-day benchmarking and familiarisation visit to the Petroleum Authority of Uganda (PAU), the Ministry of Energy and … Read More