Uganda hits critical drilling milestone as July 2026 ‘first oil’ deadline looms
The Tilenga oil fields development project is located in the Lake Albert region of Uganda.KAMPALA — Uganda’s Lake Albert development has passed a decisive t...
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Mpuuga’s Unity Plea: A Desperate Bid to Rally Uganda’s Fractured Opposition Ahead of Tense 2026 Polls
KAMPALA, Uganda – As Uganda barrels toward its January 2026 general elections, Democratic Front (DF) party president Mathias Mpuuga issued a fervent call for oppos...
Uganda’s recoverable oil reserves rise to 1.65 billion barrels.
Uganda’s petroleum sector has reported an increase in the country’s estimated oil and gas reserves, according to Ernest Rubondo, Executive Director of the P...
PAU’s decade of growth powers Uganda’s $15 billion oil projects
ENTEBBE – The Petroleum Authority of Uganda (PAU) is marking ten years of regulating the country’s oil and gas sector, a milestone that Executive Director E...
US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other Countries.
US Paves Way For Talks On Lukoil’s Assets Sale In Nigeria, Other CountriesLukoil's international assets are estimated to be worth about $22 billion, based on 2024...
Oil rises after Ukrainian attack on Russian depot.
Drone attack in export hub Novorossiysk fuels supply worriesBeijing/Singapore — Oil prices jumped about 2% on Friday on supply fears after a Ukrainian drone attack...
Oil Production: NUPRC To Begin 2025 Licensing Round From December 1.
The decision to flag up the licensing rounds is in line with President Bola Tinubu’s plan to grow Nigeria to a $1 trillion economy.A graphic illustration of barrel...
Oil Climbs for a second day on risk-on tone in wider markets
Prices are being lifted as the US Senate takes a major step toward reopening the government.Oil pumping jacks at an oilfield near Sokolovka village, in the Udmurt Republi...
India 'largely stopped' Russian oil purchase: Trump's fresh claim amid tariffs
Trump's latest claim on the future of the India-Russia energy ties comes in the backdrop of ongoing trade negotiations between New Delhi and Washington.Days after he clai...
Habib Kagimu to Entrepreneurs: Prepare for Uganda’s Oil Boom
Oil companies are like a nation — they need everything from everything. If you can set up shop near them, they will buy everything from you,†Kagimu explaine...