Critics of the African nation’s oil ambitions say referencing the International Energy Agency’s most pessimistic scenario for climate action is a risky policy ...

The $4 billion-plus pipeline, now about 79% complete, is designed to export crude from Uganda’s Lake Albert oilfields to ...

Analysts warn that the government's plan to fund development from its nascent oil industry is a risky strategy due to projections of cost overruns and over-supplied markets Uganda to see lower revenue ...

Participation is secured, but profitability and prudence remain under scrutiny Kampala, Uganda | RONALD MUSOKE | For more than 50 years, Uganda depended on its eastern neighbour, Kenya, to transport ...

PLANS by Uganda to build an oil refinery is not athreat to Kenya Pipeline, management has affirmed, as the company’s privatisationtakes shape amid regional expansion plans. Dubai-based investment firm ...

The transition to commercial oil production offers major economic promise, but also carries significant risks if poorly managed, Bank of Uganda deputy governor Augustus Nuwagaba has warned.

“As a country, we are evaluating the routes with the idea that we have the least-cost route," the statement said. "We would like to ensure that our crude oil has value.” Uganda and Tanzania have ...

Resolving the pipeline route is crucial to helping oil companies involved in Uganda and Kenya to make final investment decisions on developing oil fields. Last wee, Tanzania's presidency said that ...

Moreover, Uganda’s state-owned oil company, Uganda National Oil Company (UNOC), has recently confirmed it has identified nine potential oil wells in the Kasuruban block containing “significant new ...

TANGA: PRIME Minister Dr Mwigulu Nchemba yesterday inspected the East African Crude Oil Pipeline (EACOP) project in Tanga Region, expressing satisfaction with its progress. Describing the pipeline as ...