Oil

As COP29 unfolds in Baku, Azerbaijan, a wave of protests has erupted against the construction of the East Africa Crude Oil Pipeline (EACOP), a 1,143-kilometer project stretching from Uganda to Tanga, Tanzania. The protesters,…

  Buvuma oil palm project has been reported to be making a steady headway, with 2,524 of the projected 5000 hectares by the investor of Oil Palm Buvuma Limited (OPBL) under plantation cover, 6,100 hectares purchased but still encumbered…

Kampala, Aug 21—Uganda is exploring for oil in two new regions where potential discoveries of crude could increase the East African country’s proven reserves of 6.5 billion barrels, its energy minister said on Wednesday. Commercial…

President Yoweri Kaguta Museveni has on Thursday launched the Lake Victoria Logistics, a company aiming at reducing the cost of transporting fuel in Uganda. Lake Victoria Logistics was founded in May 2015 as Mahathi Infra Uganda with a…

As the country grapples with the domestic production of vegetable oil, the government is looking at an alternative; shea nuts to address the shortfall. Uganda currently produces 80,000 metric tons of vegetable oil, yet approximately…

The Uganda National Oil Company (UNOC) has clarified the discrepancy in diesel consignment destined for Uganda, citing higher local demand by Ugandan Oil Marketing Companies (OMCs) than initially agreed upon with Kenyan authorities.As…

Leaders in the Mid-western region have been tasked to embrace the National Oil Seeds Project aimed at supporting the oil seed value chain development.  The project which is under the Ministry of Agriculture is aimed at…

Recently, the Europe’s top human rights court ruled that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change, in a decision that set a precedent for future climate…

The governments of Kenya and Uganda have recently finalized an oil deal, reflecting their joint efforts to bolster infrastructure and trade efficiency. This agreement,…

Government through the ministry of finance has asked for a supplementary budget worth Shs288.624Bn with barely two months ahead of the new financial year Appearing today in parliament’s finance committee, Minister Henry Musasizi…