Tag Archives: UNOC

Executives say they are in not to compete but to complement private sector investments Kampala, Uganda | JULIUS BUSINGE | Uganda National Oil Company Limited (UNOC) has started its bulk trading of petroleum products business countrywide. Under this trading, company executives say that they will import and sell petroleum products …

Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company Limited (UNOC) has today launched its petroleum products business. UNOC will import and sell petroleum products in bulk to registered local oil marketing companies, a move that will position UNOC, with Government support, within the petroleum products supply chain. According …

Uganda discovered oil in 2006 but disagreements between the government and oil companies have stalled its development Kampala, Uganda | ISAAC KHISA | Uganda National Oil Company (UNOC) plans to invest $840million in joint infrastructure projects in the country’s oil and gas sector, said its Chief Executive Officer, Proscovia Nabbanja. …

Kampala, Uganda  | THE INDEPENDENT |  Uganda National Oil Company (UNOC) needs at least Three Trillion Shillings in capital to sufficiently carryout government business in the oil sector. Proscovia Nabbanja, the CEO of UNOC told reporters in Kampala on Wednesday that the money will be needed in a phased manner in …

Kampala, Uganda | THE INDEPENDENT | The oil sector in 2019 was dotted with both sheds optimism and pessimism in equal measure. The year started with government pledge for transparency in the sector when it signed up to the Extractive Industries Transparency Initiative (EITI), much to the delight of civil …

  Kampala, Uganda | THE INDEPENDENT  | The Uganda National Oil Company- UNOC needs a total of USD 795 million (approximately 2.93 trillion) shillings to take part in upcoming oil and gas activities. Angella Ambaho Kariisa, a communication officer at UNOC, notes that as Uganda draws closer to the Final …

CSOs accuse NEMA, oil companies of doing sham environmental impact public hearings Kampala, Uganda | RONALD MUSOKE | Civil society organisations that are tracking developments in Uganda’s fledgling oil and gas industry have asked the National Environment Management Authority (NEMA) to ensure transparency and accountability whenever citizens are appraising oil …

Kampala, Uganda | THE INDEPENDENT  | Energy and Mineral Development Minister, Engineer Irene Muloni says Uganda’s oil and gas sector is open for business to African investors. Muloni says investors should bid for the second licensing round for the five highly prospective blocks in the Avivi, Omuka, Turaco, Ngaji. Kasurubani and …

There is plenty to cheer than mourn about after Tullow oil deal failed THE INDEPENDENT | RONALD MUSOKE | Following the August fallout of Tullow Oil Plc’s farm down to Total E&P Uganda and China National Offshore Oil Corporation (CNOOC), the government appears to be going after a three-pronged come-back …

She learnt quickly that the oil and gas sector is highly politicized and came up with strategies to counter it to achieve set objectives.  Kampala, Uganda | RONALD MUSOKE | When Dr. Josephine Wapakabulo was appointed the Chief Executive Officer of the Uganda National Oil Company in August 2016, few …