Oil
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News
EACOP compensation reaches 98 percent as Uganda targets July 2026 first oil production
KAMPALA, March 14, 2026 — Compensation for persons affected by the East African Crude Oil Pipeline project has reached 98 percent, according to the Director for Economic and National Content Monitoring at…
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News
African Oil and Gas Industry to Boycott Africa Energies Summit Over Local Content, Representation Concerns
KAMPALA, March 11, 2026 — The African Energy Chamber [AEC]– the voice of the African energy sector – is calling for an industry-wide boycott of the upcoming Africa Energies Summit. Hosted by…
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News
KPC debuts on NSE as Ruto officiates historic bell ringing ceremony
NAIROBI, March 10, 2026 – Kenya Pipeline Company [ KPC ], a public limited company [PLC] today marked its historic official listing on the Nairobi Securities Exchange [NSE] making it one of…
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News
Global oil prices jump and shares fall as as Iran strikes Middle East
LONDON, March 2, 2026 — Global oil prices have risen as Iran continues to launch strikes across the Middle East in response to ongoing attacks by the US and Israel. Brent crude,…
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News
Gov’t and Standard Chartered sign Shs 2.747 trillion agreements to finance key infrastructure projects
KAMPALA, January 31, 2026 — The Government of Uganda and Standard Chartered Bank Uganda have signed financing agreements worth Shs 2.747 trillion to fund three major infrastructure projects aligned with the Government’s…
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News
Afreximbank bolsters Angola’s energy sector with a US$ 1.75bln facility for national oil company
CAIRO, January 29, 2026 — African Export-Import Bank [Afreximbank], working with other mandated lead arrangers, has successfully closed a US$ 1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company.…
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Opinions & Commentary
Africa’s gas monetisation opportunity: Balancing exports and domestic demand
CAPE TOWN, January 25, 2026— Africa’s natural gas potential is undeniably significant, with the continent ranking second globally in terms of discovered but undeveloped gas resources. According to the African Energy Chamber’s…
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News
Buvuma: Over 1,500 affected by oil palm project
BUVUMA, January 22, 2026 –- The Ministry of Agriculture, Animal Industry and Fisheries [MAAIF] has begun compensating more than 1,504 people displaced by the National Oil Palm Project [NOPP] in Buvuma district.…
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Opinions & Commentary
What the United States-Venezuela Oil Shift Means for Caribbean Energy Markets
PARAMARIBO, January 20, 2026 — When the United States completed its first sale of Venezuelan oil this week, the US$ 500 million transaction reopened a geopolitical channel that had been largely dormant…
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News
Museveni highlights priority areas for investment of oil cash
KAMPALA, January 19, 2026 — President Yoweri Museveni has outlined key priority areas where Uganda’s anticipated oil revenues will be invested, emphasising long-term national development rather than short-term consumption. Museveni, who on…
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