#Uganda National Oil Company

President Yoweri Kaguta Museveni has launched the construction of the US$310 million Kampala Storage Terminal in Mpigi District, a strategic facility set to hold 320 million litres of refined petroleum products and secure the nation against international supply disruptions.

Bank of Uganda Governor Michael Atingi-Ego has urged judicial leaders to uphold strong legal frameworks and contractual certainty as the nation prepares to enter commercial petroleum production.

Finance Minister Henry Musasizi has allocated Shs 2.07 trillion to the energy sector for FY 2026/27. The budget funds the groundbreaking of the 380MW Kiba hydro plant, Buyende nuclear preparations, and a 20.15% equity stake purchase in the Kenya Pipeline Company to insulate Uganda from global fuel supply shocks.

The Uganda National Oil Company (UNOC) has signed an Early Project Activities Agreement (EPAA) with VIVO Energy to fast-track the commercialisation of...

Uganda has signed a $4 billion oil refinery deal with UAE-based Alpha MBM Investments LLC, paving the way for a 60,000-barrel-per-day refinery in Hoima...