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Tag Archives: UNOC

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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Development of Kampala storage terminal hangs in balance

Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company-UNOC has said the search for a venture partner is delaying the development of Kampala Storage Terminal-KST, a reservoir aimed at reducing fuel shortages that usually lead to abnormal increase in petroleum products. Peter Muliisa, the UNOC’s Chief Legal and Corporate …

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Ballore wins logistics contract for EACOP

  Local firms in Uganda and Tanzania will be subcontracted to offer support | THE INDEPENDENT | French firm, Ballore Transport and Logistics, will be the Main Logistics Contractor (MLC) for the East African Crude Oil Pipeline (EACOP) project head of oil production in 2025. The firm said on May.09 …

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