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Energy, Oil & Gas
Bujagali refinancing lowers tariffs by $1.69 cents — minister
The junior energy minister says last month’s financial closure for debt refinancing of the Bujagali hydropower dam resulted in the reduction of end-user tariffs by 1.69 US cents (Shs62.89), from 9.61 US cents per kilowatt-hour to 7.91 US cents per kWh
July 20, 2018
Energy, Oil & Gas
Weak shilling drives rise in energy prices, but not for extra-large industries
Power prices for the third quarter of this year have gone up slightly due to the shilling's weakness against the US dollar, a tariff schedule released by the Electricity Regulatory Authority shows
July 11, 2018
Energy, Oil & Gas
Cabinet approves national content policy for oil and gas sector
The cabinet on Monday approved the much awaited national content policy that is intended to promote the competitiveness of Ugandan labour and businesses in the petroleum sector
June 27, 2018
Energy, Oil & Gas
Unoc benchmarking with external peers for best performance – Wapakhabulo
The Uganda National Oil Company chief executive, Josephine Wapakhabulo, has allayed fears that the oil company is trying to ‘bite more than it can chew’ with the dozen capital-intensive upstream and midstream projects on its to-do list
June 13, 2018
Energy, Oil & Gas
Oil recoverable costs: Disallowed costs hit Shs300b in final audit
At least $81.147m (Shs300b) has been disallowed as “costs not recoverable” by oil companies from the Production Sharing Agreements (PSAs) signed with government between 2001 and 2011
June 11, 2018
Energy, Oil & Gas
Total E&P, Tanzania jittery over oil pipeline delays
French oil major Total E&P, the lead joint venture partner on the proposed East African Crude Oil Pipeline (EACOP), is "concerned" over the “slow progress” on the project, particularly from Uganda government officials in the Petroleum Authority and the energy ministry
May 29, 2018
Energy, Oil & Gas
Petroleum Fund assets rise to Shs422.9bn
The Petroleum Fund, where revenue from all petroleum-related activities is deposited, is valued at Shs422.9bn as at 31 December 2017
May 25, 2018
Energy, Oil & Gas
$1b US exports in Uganda refinery deal raises eyebrows
Uganda’s Greenfield oil refinery will cost at least $2.85b (approx Shs10trillion) of which $1b (Shs3.6trillion) will go back to the United States in export content, the Department of Commerce has revealed.
May 7, 2018
Energy, Oil & Gas
Energy ministry seeks Shs77b for UNOC, PAU funding
The ministry of Energy is seeking for at least Shs77.8b to fund operations of three agencies under its mandate, the Petroleum Directorate, Petroleum Authority of Uganda, and Uganda National Oil Company.
May 6, 2018
Energy, Oil & Gas
Japan gives Uganda $125m credit for Karuma power evacuation lines
The Japanese government overseas development agency, JICA, has offered the Ugandan government Shs460b ($125m) loan for construction of the Kampala Metropolitan transmission line for electricity from Karuma dam.
May 2, 2018
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