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Tag Archives: UNOC

UNOC records unexpected shs37 billion profit

Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company (UNOC) has generated a profit of Shs37.6 billion surpassing their projected revenue of Shs6.989 billion. This revelation emerged during a meeting between officials from UNOC and Members of the Public Accounts Committee (PAC) on Monday, 27 May 2024 where the …

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‘Uganda on right track to energy stability’

Kampala, Uganda | THE INDEPENDENT |  The government has given a rosy picture of Uganda’s energy security in the medium term, citing several interventions and other developments in the sector. Experts have said Uganda is energy insecure especially because of the lack of a direct route to the sources of …

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Uganda recommends Tanzania route for fuel imports

Kampala, Uganda | THE INDEPENDENT | Uganda kicked off consultations with Tanzania to allow the Uganda National Oil Company to market and handle fuel imports. The latest move comes after declined to issue Uganda National Oil Corporation (UNOC) a license to operate as a local oil marketer. Energy And Mineral Development …

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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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