However, progress on the $4.5 billion refinery remains limited Kampala, Uganda | JULIUS BUSINGE | Uganda’s oil sector is advancing significantly with 72 out of 457 wells drilled at the Tilenga and Kingfisher oil projects as TotalEnergies and CNOOC Uganda Limited push towards commercial production slated for 2025. Energy and Mineral …
Read More »Namibia aims to become Africa’s leading oil producer by 2035
WINDHOEK | Xinhua | Namibia is on track to become one of Africa’s leading oil producers by 2035, potentially producing more than half a million barrels of oil per day, an official said on Wednesday. This development could see the country displace Egypt from the top five oil producers on …
Read More »Rubondo: Uganda’s oil and gas sector has boosted skills development
Kampala, Uganda | THE INDEPENDENT | Ugandans may no longer need to travel abroad to acquire skills in the oil and gas sector says Ernest Rubondo, the Executive Director of the Petroleum Authority. He said the achievements of skills development in the country have not been only on manpower development. “In …
Read More »72 wells successfully drilled ahead of 1st oil production
KAMPALA, Uganda | Xinhua | Uganda said 72 oil wells in its two production areas in the country’s western and northern regions have been successfully drilled ahead of commercial production slated for next year. Ruth Nankabirwa, minister of energy and mineral development, told journalists on Wednesday during a press conference …
Read More »AfDB Report: Uganda’s economic growth to be propelled by oil, gas investments
Kampala, Uganda | THE INDEPENDENT | Uganda’s economy is quite robust after weathering through several shocks in recent years, say top economists from the Africa Development Bank Group (AFDB). While there has been concern about the increase in domestic and foreign debts, economists suggest that the Ministry of Finance and the …
Read More »Kenya, Uganda in talks to extend oil pipeline
NAIROBI, Kenya | Xinhua | Kenya and Uganda have officially begun talks to extend the petroleum products pipeline from Eldoret in western Kenya to the Ugandan capital of Kampala. The Kenya Pipeline Company (KPC) said on Tuesday that the project, poised to significantly impact the region’s fuel import market, will …
Read More »Energy Minister tasks new PAU board to deliver first oil in 2025
Kampala, Uganda | THE INDEPENDENT | State Minister for Energy, Okaasai Sidronius Opolot has tasked the new Board of Directors of the Petroleum Authority to ensure that Uganda begins oil flow by 2025. Okaasai Opolot made the call on Friday while presiding over the inauguration of the new PAU board that …
Read More »Museveni launches Lake Victoria logistics, Equity Bank’s Mwangi hailed
Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni Thursday launched the Lake Victoria Logistics facility in Kawuku Bwerenga, a project to transport and store oil from the port of Kisumu to Entebbe using oil tanker ships. He said it would crucially help the country stop relying solely on road transport …
Read More »Vivo Energy Uganda to ensure fuel quality amidst supplier transition
Kampala, Uganda | THE INDEPENDENT | Vivo Energy Uganda, the country’s leading distributor and marketer of Shell-branded fuels and lubricants, has reaffirmed its commitment to maintaining product quality for its customers despite the change in importing entities from the Kenyan government to the Ugandan government through the Uganda National Oil …
Read More »Kenya tells Uganda to come clean on extra imported oil cargo
Uganda’s imports amount to about 60 KT, necessitating smaller vessels which increases freight costs. The logistics costs are likely to see pump prices in Kampala rise by 30% Nairobi, Kenya | THE STAR KENYA | Kenya did not impose a bond premium on Uganda’s oil cargo that docked at the …
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