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Tag Archives: UNOC

KATESHUMBWA: Kenya remains our best option for fuel

Former Uganda Revenue Authority (URA) Commissioner Customs Dicksons C Kateshumbwa has taken to X (twitter) to weigh the options after President Yoweri Museveni pushed for the country to import fuel directly into the country and not going through Kenyan middlemen. Here is a summary of his thread, titled “Petroleum Supply …

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UNOC explains why it opened oil import branch in Kenya

Kampala, Uganda | THE INDEPENDENT | Uganda National Oil Company (UNOC) has defended the registration of a branch in neighboring Kenya. A statement by the Company on Monday explained that it had to comply with regulations regarding the importation of petroleum products. “A certificate of incorporation issued in a country …

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Chinese conned in sale of national oil company

Kampala, Uganda | THE INDEPENDENT | In the typical con artist meets investor that has become routine in Uganda, a Chinese tycoon was conned of billions of shilling in a scam where he was sold Uganda National Oil Company (UNOC) by some unscrupulous Ugandans. The Chinese investor ran to the government …

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Nankabirwa tables Petroleum Supply Amendment Bill

Sector players accuse government of granting the fuel importation monopoly to a Bahrain-based Company known as Vitol Bahrain E.C under the guise of strengthening UNOC Kampala, Uganda | THE INDEPENDENT | The Minister of Energy, Ruth Nankbirwa has tabled before parliament a bill to regulate the importation of petroleum products. …

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UNOC finally gets license to explore in Buliisa

Kampala, Uganda | THE INDEPENDENT | The government has signed a Production-Sharing Agreement(PSA) with Uganda National Oil Company for the Kasuruban block in Albertine Graben’s Buliisa district. The signing of the PSA with the government-owned oil company that took place on Thursday has been described as yet another milestone in the …

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Uganda and Tanzania renew commitment to secure EACOP

The two countries are harmonizing relevant laws and approval processes to hasten pipeline construction Kamapala, Uganda | RONALD MUSOKE | Senior officials from Uganda’s petroleum authority (PAU) and Tanzania’s energy and water utilities regulatory authority (EWURA)—the agencies that have regulatory powers over the oil industry in the two countries—have renewed …

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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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