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Tag Archives: UNOC

Ministers fail to appear to present strategy to curb fuel crisis

Kampala, Uganda | THE INDEPENDENT | Two Ministers of Finance and Energy failed to show up to a scheduled committee meeting that sought answers on the government’s strategy to curb the escalating fuel prices. The committee on Government Assurance and Implementation led by Vice-chairperson, Joseph Ssewungu had called the ministers but none …

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Development of Kampala storage terminal hangs in balance

Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company-UNOC has said the search for a venture partner is delaying the development of Kampala Storage Terminal-KST, a reservoir aimed at reducing fuel shortages that usually lead to abnormal increase in petroleum products. Peter Muliisa, the UNOC’s Chief Legal and Corporate …

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Ballore wins logistics contract for EACOP

  Local firms in Uganda and Tanzania will be subcontracted to offer support | THE INDEPENDENT | French firm, Ballore Transport and Logistics, will be the Main Logistics Contractor (MLC) for the East African Crude Oil Pipeline (EACOP) project head of oil production in 2025. The firm said on May.09 …

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Equity signs MoU with Uganda National Oil Company

| THE INDEPENDENT | Equity Bank Uganda and the Uganda National Oil Company on April.13 signed a Memorandum of Understanding to facilitate and strengthen collaboration between the two entities in the areas of financing and enterprise development specifically for medium and small enterprises. The areas covered in the MoU include; …

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Give UNOC Sh914 billion, Auditor General

Hoima, Uganda | THE INDEPENDENT | The Auditor General John Muwanga has urged adequate capitalization of the Uganda National Oil Company (UNOC) and its subsidiary companies to enable government commercial participation in the strategic oil and gas sector. According to Muwanga’s new audit report for financial year 2020/2021, a total …

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IN THE INDEPENDENT: The $10billion Uganda oil project

Kampala, Uganda | THE INDEPENDENT | These are the top stories in this week’s THE INDEPENDENT. COVER STORY TotalEnergies, CNOOC sign off US$10bn Uganda oil project: First oil expected in 2025 THE LAST WORD America’s reckless bullying: How Washington’s disregard of Russia’s security concerns risks war over a misguided obsession with …

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Parliament wants national oil firm joint venture terminated

Kampala, Uganda | THE INDEPENDENT | Parliament has recommended for termination of the joint venture agreement between a consortium of three companies and the Uganda National Oil Company (UNOC). This follows adoption of the report of the Committee on Trade, Tourism and Industry during plenary of Thursday, 03 February 2022, which recommended …

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Rising fuel prices

 Did URA, Ministry of Health cause it? Kampala, Uganda | IAN KATUSIIME | An unreasonable testing protocol, greed and an unresponsive government to popular needs has seen Ugandans treated to the worst of January blues with fuel prices going as high up as UgShs10, 000 for a litre. The prices …

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