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Energy, Oil & Gas
Slight reduction in Q4 power tariffs
Electricity consumers will pay less for power in the last three months of 2017, according to a tariff schedule released by the regulator
October 6, 2017
Energy, Oil & Gas
Oil pipeline investment decision for early 2018 as designs near completion
The decision, according to industry sources, is informed by the near-completion of the Front-End Engineering Design study for the pipeline
September 27, 2017
Energy, Oil & Gas
UK Export Finance to provide $350m credit for oil airport
A cabinet sitting two weeks ago approved the loan request by the ministry of finance to borrow money to construct the airport
September 27, 2017
Economy
Energy, Oil & Gas
Uganda fuel imports hit 85 million litres
The majority of the petroleum products, 92%, were imported through Mombasa port in Kenya, while only 8% arrived via Dar es Salaam on the Tanzanian coast
September 26, 2017
Energy, Oil & Gas
Licence for Ngassa block to be awarded in October
Uganda will issue two exploration licences and also sign a Production Sharing Agreement for the Ngassa oil block, Hoima District, in early October, the energy minister has said
September 18, 2017
Energy, Oil & Gas
Australia’s Armour Energy to spend $2m in first two years of exploration
The newly licensed Australian junior exploration company, Armour Energy Limited, will invest Shs7bn in its first two years in Uganda, its chief executive officer revealed on Thursday in Kampala
September 14, 2017
Energy, Oil & Gas
Exploration licence for Kanywataba field to be awarded Thursday
Energy minister Irene Muloni, will on Thursday issue an exploration licence for the Kanywantaba oil block in Ntoroko District to Australian junior exploration company, Armour Energy Limited
September 12, 2017
Energy, Oil & Gas
Politics & Policy
Refinery deal in limbo after Energy PS is sacked
A cloud of uncertainty hangs over Uganda's $4bn refinery tender awarded to a consortium led by a Mauritius-based private equity fund, Intra-continental Asset Holdings (IA), after Wednesday’s sacking of energy ministry permanent secretary, Stephen Isabalija
August 26, 2017
Energy, Oil & Gas
Uganda selects oil refinery investor
The government has tapped a consortium of American and Italian firms to finance and construct the $4 bn oil refinery
August 6, 2017
Energy, Oil & Gas
Standard Group, China’s IBC to advise on oil pipeline financing
The pipeline, running 1,445km from Kabaale in Hoima district to Tanga Port on the Indian Ocean, will be financed through debt
August 5, 2017
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