East African Crude Oil Pipeline Is Anticipated to Increase Employment
East African Crude Oil Pipeline (EACOP) is expected to greatly improve employment opportunities.
Uganda Wants to Increase Oil Imports Through Tanzania
The Uganda National Oil Company (UNOC) will become the only importer and provider of petroleum products as the country increases its imports of petroleum products through Tanzania, according to Energy Minister Ruth Nankabirwa. The choice was made in response to talks in Zanzibar between Tanzanian President Samia Suluhu and Minister Nankabirwa over how to improve […]
The National Minerals Company Plans are Announced by the Ugandan Government
Permanent Secretary of the Ministry of Energy & Mineral Development, stated that the Ugandan government is in the process of establishing a National Minerals Company with the goal of supervising the nation’s investments in the mineral industry.
Insurance Companies to Host a 3-Day Conference on Gas and Oil
Industry participants emphasized the noteworthy advancements in 2023 in a statement released ahead of the Oil and Gas Symposium, which is set to take place at Four Points by Sheraton from February 20 to 22, 2024. Of the USD 20 million total investment, USD 13 million has already been recorded.
Government Works with IPS and International Green Hydrogen Experts to Produce Fertilizer
The Ugandan government has inked a Joint Development Agreement for a green hydrogen-based fertilizer plant with Industrial Promotion Services (Kenya) Limited (IPS) and Westgass Internasjonal AS (Norway) in an effort to support sustainable agriculture and lessen dependency on imports.
TotalEnergies reports record annual profits of $21.4 billion
The massive French energy company TotalEnergies said on Wednesday that its 2023 profit hit a record-breaking $21.4 billion, up 4% from the year before. good results in its power and liquefied natural gas businesses, together with significant investments in the extraction of fossil fuels, were credited for the company’s good success, despite criticism and ongoing court challenges regarding its environmental practices.
Karuma Hydropower Project Finishes Connecting to the Grid
The final of the six units of the Karuma hydropower project has been successfully connected to the national grid, according to a statement released by the Uganda Electricity Generation Company Limited (UEGCL).
Uganda Wants All People To Have access To Electricity By 2030
The $638 million project, co-funded with the World Bank, was introduced in Mitooma District on February 2, 2024. Its goal is to improve energy availability for homes, businesses, and institutions by using both grid and off-grid connections.
Government to Tighten Up on Fuel Stations That Don’t Comply
The Uganda National Bureau of requirements (UNBS) and the Ministry of Energy and Mineral Development will work together to perform operations against fuel station operators who disobey established requirements
The Port Pivot in Uganda Portends Difficulties for Kenya’s Oil Sector
According to reports, since October 2023, Kenya has lost $200 million in exports to Uganda, its biggest regional market. This disclosure coincides with a growing controversy over the importation of petroleum products, which jeopardizes not only the two countries’ commercial relations but also large infrastructure expenditures.