Tag Archives: UNOC

    COMMENT | Samson Tinka |  Following the enactment of  the Petroleum Supply (Amendment) Act, 2023, Uganda National Oil Company Limited (UNOC) has since December 1, 2023 held the exclusive role of importing petroleum products, which would subsequently be distributed to oil marketing companies (OMCs). There were initially questions …

Uganda, UAE Firm Sign Refinery Implementation Agreement Entebbe, Uganda | THE INDEPENDENT & AGENCIES | Uganda has signed a deal that paves the way for the implementation of its first crude oil refinery project. UAE-based Alpha MBM Investments will have a 60% stake in the oil refinery to be built …

Kikuube, Uganda | THE INDEPENDENT | Construction works of the Central processing facility (CPF) for the Kingfisher Development Area (KFDA) in Kikuube district currently stand at 70 percent. The China National Offshore Oil Company, Uganda (CUL) is the operator of KFDA on behalf of the Joint Venture Partners (JVPs) comprising TotalEnergies …

KAMPALA, UGANDA | THE INDEPENDENT | Officials from the Uganda National Oil Company-UNOC say that they have eliminated unscrupulous middlemen, whom they accuse of hoarding fuel and later exploiting other dealers. They say that some petroleum dealers have limited capital, which deters them from purchasing fuel products in Kenya and relies …

Kampala, Uganda | THE INDEPENDENT |  The National Oil Company-UNOC has commended players in the oil and gas sector for adhering to the local content needs that have seen numerous Ugandans benefit from the sector. Jessica Kyeyune made the remarks while representing the UNOC CEO at a National Supplier engagement …

Kampala, Uganda | THE INDEPENDENT | Ugandans seeking employment in the oil refinery in the Albertine Graben need to be patient as the negotiations go on. State Minister for Energy, Okasaai Opolot says Ugandans will get jobs during and after the construction of the refinery. The government of Uganda plans to …

KAMPALA, UGANDA | THE INDEPENDENT | Fuel dealers in Uganda anticipate that the involvement of the Uganda National Oil Company (UNOC) as the sole importer of fuel will lead to improved pump prices. Geoffrey Elyanu, the Supplies and Distribution Manager for VIVO Energy Uganda, expressed this expectation during a media engagement …

Uganda’s imports amount to about 60 KT, necessitating smaller vessels which increases freight costs. The logistics costs are likely to see pump prices in Kampala rise by 30% Nairobi, Kenya | THE STAR KENYA | Kenya did not impose a bond premium on Uganda’s oil cargo that docked at the …

KAMPALA, Uganda | Xinhua | Uganda said Wednesday that its first shipment of oil has docked at the Kenyan seaport of Mombasa as Kampala moves away from importing the critical commodity through third parties. Uganda National Oil Company (UNOC), a state-run oil agency, said in a post on X, formerly …

Kampala, Uganda | THE INDEPENDENT | The Uganda National Oil Company (UNOC) has generated a profit of Shs37.6 billion surpassing their projected revenue of Shs6.989 billion. This revelation emerged during a meeting between officials from UNOC and Members of the Public Accounts Committee (PAC) on Monday, 27 May 2024 where the …