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Stanbic Bank eyes Financing Uganda Oil and Gas Industry Players—Papers

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Stanbic Bank, one of the lead players of Uganda’s banking sector says is planning to rolled out specific financial services targeting the oil and gas industry, Daily Monitor…

Nigeria: Blast Hits One of Major Oil Pipelines in Nigeria

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A blast on Tuesday rocked a pipeline operated by Nigeria’s state-run oil firm that feeds the Forcados terminal in the southern Niger Delta energy hub, a spokesman for…

DR Congo Steps up bid to Join Uganda Oil Pipeline Project, Sends Delegation to Tanzania

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Democratic Republic of Congo (DRC) sent a delegation to Tanzania to negotiate a joint oil exploration deal in lake Tanganyika and also lobby its entry into the Uganda-Tanzania…

Energy Minister Irene Muloni Says Total Has Accepted to buy 10% Stake in Uganda Oil Refinery

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French oil giant Total SA, one of the leading players in Uganda’s oil fields, agreed to take a 10 percent stake the proposed oil refinery project, Energy Minister…

Uganda, Tanzania Agree on Technical and Fiscal Framework of the Joint Pipeline Project

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Energy officials from Uganda and Tanzania agreed on the technical and fiscal work plan in fast-tracking of the joint crude oil export pipeline project. The Joint Pipeline Development…

New Report by Business Research Firm Gives Fresh Perspective on Uganda’s Oil Sector

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Global Business research firm, Research and Markets announced an addition to its report on the future and the business beauty of Uganda’s oil sector. Titled “The Future of Uganda Oil…

Kenya to Begin exploration of Prospective Oil and gas blocks in Lamu in March 2017

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Prospective Oil and gas blocks eyed in Kenya’s Lamu, Northeast of the coastal city of Mombasa are expected to be explored in March next year. Geophysical surveys done…

Tanzania to Put up $200 million Gas Facility for Large-scale industries and Households

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A Tanzanian official says the nation is working to put up a 150-200 million US dollars mega plant to facilitate the transportation of the natural gas to large-scale…

Uganda National Oil Company Receives International Recognition

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The newly established Uganda National Oil Company received an international recognition at International Oil and Gas summit in South Africa. The company’s Chief Executive officer Josephine Wapakabulo said…

Tullow Oil to Contract Truck Companies to Transport Oil from Kenyan Fields to Port Mombasa

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Tullow Oil Plc’s Kenyan unit said it’s seeking trucking companies to transport crude from northwestern fields to the port city of Mombasa as the East African nation rushes…