Tag Archives: Petroleum

Kampala, Uganda | THE INDEPENDENT | The Minister of Energy and Mineral Development, Hon. Ruth Nankabirwa, tabled the Petroleum Supply (Amendment) Bill, 2023 that seeks to regulate the importation and supply of petroleum products in Uganda. According to Nankabirwa, the Bill will empower the National Oil Company with (UNOC) exclusive mandate …

Kampala, Uganda | THE INDEPENDENT | On Sept.04, the third edition of the 90 Days of Oil and Gas Media Campaign progressed well with remarkable feedback from sector enthusiasts as the campaign entered the 35th day, officials said in a news statement issued today. The annual campaign is run by …

  Facilities are meant to reduce transport costs of petroleum products Kampala, Uganda | IAN KATUSIIME | Member States party to the Northern Corridor Transit and Transport Agreement (NCTTA) have agreed to cooperate to promote the use of the Kawuku oil jetty in Uganda and the Kisumu oil jetty in …

Kampala, Uganda | THE INDEPENDENT | Uganda has yet another opportunity to showcase and market its petroleum potential as it hosts the 10th East African Petroleum Conference and Exhibition (EAPCE’23). The 10th edition of the conference (EAPCE’23) organized by all members of East Africa partner states and will take place between …

Kampala, Uganda | THE INDEPENDENT | The Petroleum Authority of Uganda is predicting a further fall in fuel prices in Uganda on the back of increasing supply chains and frugal monetary policies by the Central Bank. By press time, a litre of petrol was going for an average of Shs5,120 and …

Abuja, Nigeria | Xinhua | Nigeria aims to end the importation of petroleum products by 2024 when local refineries are expected to be fully functional, an official said Monday. Minister of State for Petroleum Resources Timipre Sylva told reporters during a press briefing in Abuja, the Nigerian capital, that the refining …

Tehran, Iran | Xinhua | Tehran and Moscow on Tuesday signed a memorandum of understanding, based on which the latter is expected to make an investment worth roughly 40 billion U.S. dollars in Iran’s petroleum industry, the Iranian Oil Ministry’s news service Shana reported. The document was signed during an online …

Kampala, Uganda | THE INDEPENDENT | Government agencies and petroleum marketing companies are divided on whether or not to resume the countrywide crackdown on fuel stations that violate standards. These activities were suspended when COVID-19 broke out more than two years ago and movement became more restricted. The crackdown involved checking the …

Kampala, Uganda | THE INDEPENDENT | The government is considering a policy that will allow authorities regulate the costs of some essential commodities like petroleum, to protect consumers from exploitation. This follows the uncontrolled hike in prices of fuel by more than 33 percent over the last one year, with the …

Hoima, Uganda | THE INDEPENDENT | The government has launched the National Oil Spill Contingency Plan, a disaster preparedness and management framework, in case of an oil spillage incident in the industry. The plan is aimed at preventing or managing disasters that may arise when a liquid or semi-liquid petroleum …