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Uganda National Oil Company

A group including President Museveni pulls back a yellow ribbon to reveal the Kampala Storage Terminal foundation plaque, with a soldier and officials looking on.
Kampala Storage Terminal

Ticking bomb in Mpigi: a 320-million-litre oil terminal beside an open-air landfill

A $310mn petroleum terminal meant to bolster Uganda's fuel security rises in Mpigi beside an open-air landfill mired in legal dispute
Overhead shot of the Jinja Storage Terminal in Jinja Town

Uganda’s oil company ditches equity partner for its biggest terminal yet

A $309.7mn fuel terminal outside Kampala signals a shift in how Uganda's state oil company funds strategic energy infrastructure
The East African Crude Oil Pipeline route from Uganda to Tanzania

Uganda raises oil reserves estimate as first production nears in 2026

The reserve upgrade comes as the operator consortium maintains its schedule for the start of commercial production in the second half of next year
Workers at the Kingfisher Oil Field in Kikuube, Uganda, on 24 January, 2023. Ugandan President Yoweri Museveni launched the drilling process at the Kingfisher Oil Field, operated by the Chinese oil giant China National Offshore Oil Corporation Cnooc.

Careful management of market uncertainties required to maximise returns from oil and gas

Uganda's oil and gas industry needs a minimum global crude oil price of $63 (Shs237,893) per barrel for maximum profitability
A petroleum storage facility run by the Kenya Pipeline Company

Uganda refused use of Kenya’s pipeline in Vitol deal

Unoc failed to meet licensing requirements for certain annual petroleum sales in Kenya, operation of five service stations and a depot in Kenya
A Shell petrol station in Kampala, managed by Vivo Energy

Why Uganda is entering exclusive fuel supply deal with Vitol

Uganda's decision to give the Dutch Vitol Group exclusive rights to supply its fuel was prompted by frustration at being kept in the dark about a similar deal between Kenya and two Gulf states
A group photo of oil company executives in Kampala, Uganda

Oil companies take final investment decision on Uganda projects

TotalEnergies, the French energy group, and the China National Offshore Oil Corporation have announced the long-awaited final investment decision for Uganda's oil projects, collectively referred to as the Lake Albert Development Project
A drilling rig at the Kingfisher field in Western Uganda
Uganda National Oil Company

Understanding Uganda’s revenue from the oil and gas sector

How much will Uganda earn from the oil and gas industry, and how was it determined? How much do the foreign oil companies stand to make? A dissection of Uganda's production-sharing agreements
Presidents Suluhu Hassan and Yoweri Museveni, seated

Uganda, Tanzania and Total sign off on pipeline project

Uganda, Tanzania, and Total S.A. on Sunday signed three agreements to finalise the development of an oil pipeline from Uganda's oil fields to Tanga on the Tanzanian coast

More Uganda National Oil Company

22 March 2021

Uganda hopeful of investment decision on oil projects as pipeline meeting is deferred

Uganda and Tanzania have postponed a high-profile meeting on the East African Crude Oil Pipeline, initially scheduled for Monday, following the death of Tanzanian President John Magufuli

Map showing the East African Crude Oil Export Pipeline route.
30 September 2019

Proscovia Nabbanja appointed National Oil Company chief

Ms Nabbanja takes the job at a difficult time for Uganda's oil and gas sector where a tax dispute between the government and oil companies has stalled financial close and an expected $10bn in investment

Proscovia Nabbanja, the new acting chief executive at the Uganda National Oil Company
12 August 2019

Proscovia Nabbanja named UNOC caretaker chief executive

Proscovia Nabbanja has been appointed as caretaker chief executive officer at the Uganda National Oil Company, replacing Josephine Wapakabulo, who is resigning

Proscovia Nabbanja, the new acting chief executive at the Uganda National Oil Company
13 May 2019

National Oil Company CEO Josephine Wapakabulo unexpectedly resigns

Josephine Wapakabulo has said that she will resign as chief executive of the Uganda National Oil Company on August 13, after just three years in the position, according to a letter addressed to Unoc's board chairman

Uganda National Oil Company chief executive, Josephine Wapakabulo with Cnooc officials in Beijing, China
5 September 2018

Cnooc, Uganda National Oil Company sign oil exploration agreement

The Uganda National Oil Company has signed a memorandum of understanding with the China National Offshore Oil Corporation to jointly explore oil in the Albertine oil region

Uganda National Oil Company chief executive, Josephine Wapakabulo with Cnooc officials in Beijing, China
13 June 2018

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

6 May 2018

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.

7 March 2018

Unoc shareholders yet to pay Shs10bn share capital

The ministries of Energy and Finance, the two shareholders of the Uganda National Oil Company, are yet to pay share capital amounting to Shs10 billion

25 January 2018

Unoc starts process to sell 45,000 barrels of crude oil from well testing

The Uganda National Oil Company has issued notices calling for bids for the sale of 45,211 barrels of crude oil from extended well tests concluded six years ago

A drilling rig at a drilling site in Uganda