Tag Archives: oil

    The East African nation is trying to build alternative fuel routes rather than depend on a single route   NEWS ANALYSIS | JULIUS BUSINGE |  Uganda’s oil story has, for more than a decade, been told from the shores of Lake Albert.  That is where the country’s biggest …

  From Shillings 3,400 to Shillings 6,900: Is the ‘Normalised’ Fuel Price Ever Coming Back Down?   COMMENT | MORRISON RWAKAKAMBA | When global crude oil prices skyrocket, prices at Ugandan fuel pumps shoot up overnight. When global crude prices plunge, local pump prices barely budge. They settle instead on a …

  COMMENT | ALI SSEKATAWA | The online furore that followed President Yoweri Museveni’s unveiling of Uganda’s crude oil trading name, “Pearl Sweet”, reminded me of Shakespeare’s timeless question in Romeo and Juliet: “What’s in a name? That which we call a rose by any other name would smell as sweet.” …

Kampala, Uganda | URN | President Yoweri Museveni has ruled out the transportation of petroleum products across Lake Victoria, warning that an accident involving a fuel vessel could contaminate one of Uganda’s most important freshwater resources. Museveni said Uganda should instead rely on pipelines and railways to move petroleum products, …

  Kampala, Uganda | NEWS CORRESPONDENT | President Yoweri Museveni will on Thursday, September 17, 2026 preside over the groundbreaking ceremony for the Kampala Storage Terminal (KST) development, a major petroleum storage facility that will significantly increase Uganda’s storage capacity. The terminal on about a 300-acre site in Namwabula, Mpigi …

Kampala, Uganda | URN | Uganda’s long-awaited first commercial oil production is now expected by June 2027, after the government again revised its production timeline, raising fresh questions about a project whose delivery dates have shifted repeatedly over the past two decades. The latest indication was given when Finance Minister …

  Kabanda returns to Uganda from the African Development Bank, where he currently heads the Extractives Division and provides strategic leadership and policy advice on oil, gas and mining development across Africa   Kampala, Uganda | URN |  The Petroleum Authority of Uganda (PAU) has appointed veteran petroleum sector expert …

  20 years after the discovery announcement, ‘Pearl Sweet’ marks the moment Uganda’s crude moves from political promise to commercial test   Kampala, Uganda | RONALD MUSOKE | After almost 20 years of waiting, Uganda has finally given its oil a name. President Yoweri Kaguta Museveni unveiled the name “Pearl Sweet” …

  INTERVIEW | East Africa, a region that has been working to deepen economic integration for more than 25 years, has a history of disagreements about the location of energy infrastructure. Uganda discovered oil in 2006 with the potential to pump an estimated 210,000 to 230,000 barrels of oil per day at peak …

  The name marks a milestone, but Uganda’s real oil test begins when the first barrel reaches the market   Kikuube, Uganda | JULIUS BUSINGE & AGENCIES |  Uganda’s long-awaited entry into the global oil market has acquired a name, a commercial identity and, potentially, a new source of economic …