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Energy, Oil & Gas
How American consortium won refinery deal despite resistance from energy officials
Ugandan officials seemed to have a vested interest in who should be awarded the contract to build the country's oil refinery, preferring Chinese companies over the eventual winner, America's Albertine Graben Refinery Consortium
January 14, 2019
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
$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
General Electric-led consortium signs refinery deal, upsetting energy officials
The government has signed a project framework agreement with the Albertine Graben Refinery Consortium to finance and construct Uganda's first oil refinery; the deal has left officials in the energy ministry upset
April 10, 2018
Energy, Oil & Gas
America’s General Electric and Italy’s Saipem given nod on refinery tender
America’s General Electric (GE) and Italy’s Saipem SpA from Italy will likely build Uganda’s proposed oil refinery in Hoima district after a Cabinet meeting on Wednesday evening cleared the two companies for the $4bn tender
February 8, 2018
Energy, Oil & Gas
Uganda sets equity in crude oil refinery and pipeline projects at $700m
The two large-scale projects are expected to cost a combined $7.5bn (Shs26 trillion)
December 18, 2017
Energy, Oil & Gas
Uganda seeks to join OPEC
Energy ministry Irene Muloni has expressed the government’s wish to join the Organization of the Petroleum Exporting Countries as a full member so Uganda can tap into benefits like the stabilisation of crude oil prices
December 3, 2017
Energy, Oil & Gas
Stanbic Bank and British High Commission host UK oil and gas delegation
Stanbic Bank Uganda, in partnership with the Energy Industries Council EIC, and the British High Commission on Tuesday hosted a high-powered trade delegation from the UK
November 21, 2017
Politics & Policy
Tanzania’s Magufuli wants oil pipeline completed in less than three years
Tanzanian President John Pombe Magufuli has urged French oil major Total E&P, the lead joint venture partner on the proposed crude oil export pipeline from Hoima to Tanga, and other investors involved to mobilise at least “10 contractors” to speed up construction before 2020
November 10, 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
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