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.

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.

Uganda’s Oil and Gas Sector Prepares for Production

The Minister of Energy and Mineral Development, Ruth Nankabirwa, is the conductor of this grand symphony. Her latest briefing revealed a thorough update on important projects, signifying a turning point in the country’s quest for energy riches.

Uganda Engages Tanzania for an Alternative Route for Petroleum Imports

In order to investigate the prospect of enabling the state-owned Uganda National Oil Company (Unoc) to route its petroleum imports through Dar es Salaam, the Ugandan government has opened talks with Tanzania. Kenya has been opposing Unoc’s plan, approved by Ugandan legislation, to become the exclusive importer of petroleum products into Uganda since September of […]