Even before the first barrel of commercial oil is extracted, Uganda’s promising oil and gas sector is already a transformative force, reshaping the nation’s economic and social landscape. This was the pivotal message delivered by Gloria Sebikari, the Manager of…
Stanbic Bank Uganda is taking a strategic, hands-on approach to driving the nation’s economic growth, moving beyond traditional banking to directly empower small and medium enterprises (SMEs) through its subsidiary, the Stanbic Business Incubator Limited (SBIL). This commitment is particularly…
Uganda’s journey toward becoming a significant oil producer is gaining momentum, with key projects progressing steadily toward the critical 2026 deadline for first oil production. The recent field visit by Ernest Rubondo, the Executive Director of the Petroleum Authority of…
In a powerful collaboration aimed at fostering environmental stewardship and sustainable development, the East African Crude Oil Pipeline (EACOP) has partnered with Rotary District 9213 and Rotary District 9214 to launch a transformative new program dubbed the ‘EACOP Green Schools Initiative‘.…
Uganda’s growing oil and gas sector, a cornerstone of the country’s economic future, is set for accelerated development following high-level discussions between the Petroleum Authority of Uganda (PAU) and top executives from Standard Bank Group, the parent company of Stanbic…
Uganda’s emerging oil and gas sector is reaching a pivotal new phase, marked by a landmark agreement between the Uganda National Oil Company (UNOC) and Vivo Energy Uganda Limited. This strategic partnership, formally signed at UNOC’s head office in Kampala…
Amidst persistent whispers and misinformation, the Uganda National Oil Company (UNOC) has stepped forward to set the record straight on the nation’s eagerly anticipated journey to first oil production. Tony Otoa, UNOC’s Chief of Corporate Affairs, has for the first…
After years of strategic planning and significant investment, Uganda’s long-awaited journey to become an oil-exporting nation is about to be realised. The East African Crude Oil Pipeline (EACOP), a pivotal USD5 billion infrastructure project, has officially entered its “12-month sprint,”…
Uganda’s flourishing oil and gas sector, with its projection of first oil production by June 2026, is not just about extracting resources; it’s about driving the nation’s broader socio-economic transformation agenda. At the forefront of ensuring that this vision becomes…
The Bank of Uganda’s Petroleum Fund Management team, accompanied by senior management from operations and finance, conducted a tour of the Tilenga Project Area over the weekend. The visit, which was steered by a team from the Petroleum Authority of…
Proscovia Nabbanja, the Chief Executive Officer (CEO) of the Uganda National Oil Company (UNOC), has been recognised for her outstanding leadership and contributions to the energy sector. She has been awarded the African Woman in Energy Trailblazer Award at the…
The Kenya Commercial Bank (KCB) Uganda has taken a significant step in supporting the growth and resilience of Uganda’s energy industry by unveiling two new products specifically designed for the oil and gas sector. The products, launched during the KCB…
The Uganda National Oil Company (UNOC) is set to showcase the country’s oil investment prospects at the African Energy Week (AEW) 2025, a premier energy investment event. UNOC’s CEO, Proscovia Nabbanja, will highlight the opportunities available in Uganda’s oil and…
The construction of Uganda’s oil refinery is set to be a game-changer for the country’s economy, with a macro-economic study by Stanbic Bank revealing that it will add over US$3.3 billion (about Shs 12.53 trillion) to the country’s gross domestic…
The Uganda National Oil Company (UNOC) over the weekend hosted the esteemed Kwagalana Group, led by their chairman, tycoon Godfrey Kirumira, at the Kabalega Industrial Park, marking a significant step towards exploring potential business and partnership opportunities in Uganda’s oil…