Business •
09 Apr '26
Kampala, Uganda | THE INDEPENDENT | Uganda’s fuel prices have edged up by around 5% amid rising tensions in the Middle East, but strong reserves and reforms in the country’s procurement system have limited the impact on consumers.Petrol and diesel remain below previous highs recorded b
Business •
08 Apr '26
The Petroleum Authority of Uganda has reaffirmed that the country remains on course to achieve its long-awaited first oil by mid-2026, pushing back against concerns raised in a recent report by the Office of the Auditor General Uganda.Uganda’s journey to oil production has seen several t
Business •
07 Apr '26
The Bahrain-based subsidiary of Vitol, the world’s largest independent oil trading firm, has faced major disruptions after Iran restricted access through the Strait of Hormuz in response to joint US-Israel attacks about two months ago.KAMPALA: Senior executives of Vitol Bahrain E.C, Ugan
Business •
26 Mar '26
KAMPALA, Uganda — The Uganda National Oil Company held a workshop Thursday to urge suppliers to adopt stricter safety and environmental standards as the country transitions toward oil production.The event, held at Kabira Country Club, focused on quality, health, safety, security and envi
Business •
21 Mar '26
As of Friday, pump prices exceeded Shs 5,300 at some outlets such as TotalEnergies, yet according to PS Batebe, Uganda has fuel stocks lasting over two monthsUganda’s government has cautioned oil marketing companies against unjustified increases in fuel pump prices, even as global market
Business •
13 Mar '26
Kampala — Uganda’s fuel prices remain significantly lower than those in Europe despite rising geopolitical tensions affecting global oil markets, with officials attributing the stability to diversified supply arrangements through the Uganda National Oil Company (UNOC) and its international su
Business •
06 Mar '26
The heat is on at the Uganda National Oil Company (UNOC) after the Auditor General’s December 2025 report tore through the glossy public relations spin amidst war on Iran and laid bare troubling gaps in fuel security, funding shortfalls, underperformance and strategic failures that now raise un
Business •
03 Mar '26
The Government has assured Ugandans that fuel supply remains stable and March 2026 deliveries are on schedule despite Middle East tensions, with pump prices expected to remain relatively unchanged.The Government has moved to calm fears over possible fuel shortages following renewed instabi
Business •
03 Mar '26
The Government has assured Ugandans that fuel supply remains stable and March 2026 deliveries are on schedule despite Middle East tensions, with pump prices expected to remain relatively unchanged.The Government has moved to calm fears over possible fuel shortages following renewed instabi
Business •
03 Mar '26
The Government has assured Ugandans that fuel supply remains stable and March 2026 deliveries are on schedule despite Middle East tensions, with pump prices expected to remain relatively unchanged.The Government has moved to calm fears over possible fuel shortages following renewed instabi