Tag Archives: Petroleum

  Hoima, Uganda | NEWS CORRESPONDENT |  Members of Parliament on the Committee on the Budget have concluded a field oversight visit to Uganda’s key petroleum development projects to assess progress, evaluate preparedness for first oil, and gain a first-hand understanding of investments being undertaken across the sector. The delegation, led …

  COMMENT | GLORIA SEBIKARI | As Uganda races toward First Oil, it is essential that the country keeps one eye on current developments and another firmly fixed on the future. While the Tilenga, Kingfisher, East African Crude Oil Pipeline (EACOP), and Refinery projects are progressing, Uganda must fast-track new oil …

Kampala, Uganda | URN | President Yoweri Museveni has commissioned the construction of the Kampala Storage Terminal (KST), a major infrastructure project in the oil and gas industry. The terminal, located in Nsujjumpolwe Village, Kiringente Sub-county, Mpigi District, off the Kampala-Mityana Road, will serve as a petroleum storage facility for finished …

Hoima, Uganda | URN | The petroleum sector continued to register steady progress during the quarter ending June 30, 2026, with major oil infrastructure projects moving closer to completion while Ugandan companies secured additional contracts under the country’s national content programme. According to the latest quarterly update by the Petroleum …

Kampala, Uganda | URN | The expected oil revenues could provide an important source of financing for the country’s Energy Transition Plan (ETP), but they will not be sufficient on their own to fund investments required to transform the energy sector and achieve broader development goals, experts have said. The …

Kampala, Uganda | URN | Oil and gas players, including the government, have been urged to intentionally transform skills developed in the sector into a foundation for broader national industrial development. As the sector moves towards the production stage, some are wondering why more Ugandans are being skilled in oil and …

Kampala, Uganda | URN | The Ministry of Energy has launched the National Petroleum Policy 2025, aimed at regulating the oil and gas sector as the country prepares for oil production. Speaking at the 11th Oil and Gas Convention in Kampala on Tuesday, Minister of Energy and Mineral Development, Dr. Ruth Nankabirwa, said …

  Currently, petroleum prices are still significantly higher than pre-war levels, when Brent crude was trading below $73 per barrel before the outbreak of the Iran war   Kampala, Uganda | ISAAC KHISA | Insurance leaders across Africa are warning of a potential economic slowdown as surging global petroleum prices …

  COMMENT | BETTY NAMUBIRU | Across the African continent, oil-producing countries such as Nigeria, Angola, and Ghana have demonstrated that deliberate policies centered on joint ventures, structured enterprise development, and phased skills development can increase local participation in operations to between 70 and 80 percent. Uganda is pursuing a …

The combined investment value of the Kingfisher, Tilenga, and East African Crude Oil Pipeline (EACOP) projects now exceeds US$15 billion Kampala, Uganda | JULIUS BUSINGE | The Petroleum Authority of Uganda (PAU) has released a ten-year performance scorecard showing that of the US$7 billion in contracts approved to date, more …