Uganda budget: 199 oil wells drilled as country nears first oil
Uganda hits a major milestone toward first oil, drilling 199 wells to surpass the government threshold required for commercial production.KAMPALA, Uganda — Uganda has d...
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First Oil Revenue Set to Enter 2026/2027 Budget as Sector Begins Paying Its Way
When the Minister of Finance, Henry Musasizi, presents the 84.3 trillion shillings budget for the 2026/27 financial year on Thursday, one figure will stand out among the...
How Uganda’s First Oil Dream Evaded 5 Energy, 4 Finance Ministers
Former Minister Muloni (C) flanked by Ernest Rubondo (L), the head of Petroleum Authority of Uganda. Former Energy Minister, Irene Muloni (C) flanked by Ernest Rubondo (L...
Emergency oil drills conducted as readiness hits 99%
Uganda is edging closer to its first commercial oil production, with sector readiness now at 99 per cent following a high-stakes emergency drill conducted by China Nation...
Turning oil into opportunity: Stanbic Bank’s role in Uganda’s first oil journey
As Uganda approaches the long-anticipated milestone of first oil, it does so at a moment of contradiction in the global energy narrative.On one hand, the world is acceler...
BRAVO to President Museveni, Uganda is on track to start exporting refined petroleum
Uganda is taking the lead in Sub Sahara Africa as one of the best growing economies and investment destination, this was published by the International Monitory Fund (IMF...
Six anti-EACOP protestors arrested in Kampala
Police on Monday arrested six environmental activists who stormed TotalEnergies' offices in Kampala, allegedly to submit a petition against the East African Crude Oil Pip...
Rubondo Urges Rotarians to Act Early as Oil Sector Enters Execution Phase
Petroleum Authority Executive Director has urged professionals and entrepreneurs to take immediate advantage of opportunities in Uganda’s oil and gas sector, emphasizin...
Trump Declares The Strait Is 'Permanently' Open – Tanker Traffic Says 'Not Yet'
On Wednesday morning, President Donald Trump declared on Truth Social that the Strait of Hormuz is now “permanently” open — crediting US military superiority and a...
Fuel crisis: Tanzania’s Samia Suluhu cuts presidential motorcade to 4 cars
Suluhu said going forward, his motorcade will have only four vehicles while he rest of the teams will travel in one busTanzanian President Samia Suluhu Hassan has ordered...