JPMorgan Abandons Oil Price Baseline as Iran Conflict Deepens Market Uncertainty
JPMorgan has abandoned its baseline oil forecast as the Iran conflict disrupts energy supplies, shipping routes […]
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Uganda Breaks Ground on USD310m Kampala Fuel Terminal, Targets September 2028 Completion
Uganda has broken the ground on a USD310 million fuel storage terminal with 320 million-litre capacity, […]
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Appellation: Uganda Gives its Crude a Brand as ‘Pearl Sweet’ Ahead of November First Oil
Uganda has named its crude oil Pearl Sweet, giving the country’s petroleum a distinct commercial identity […]
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World Bank says knock-on effects of Middle East conflict will hit commodity markets
Energy prices are projected to surge by 24 pc this year to their highest level since […]
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Stanbic Bank CE cites up-skilling as vital to realizing oil sector gains
Mumba Kalifungwa, the Chief Executive of Stanbic Bank, has called on business leaders to invest in […]
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Uganda weathers global oil shock as pump prices rise modestly amid Middle East tensions
Uganda’s fuel prices have risen modestly by about 5 pc amid Middle East tensions, but strong […]
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UK torpedoes Mozambique’s Cabo Delgado gas project as it pulls back from USD 1.15 billion commitment
The UK’s surprise withdrawal of USD 1.15 billion in support for the Mozambique LNG project has […]
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United Airlines invests in CO₂-to-Jet fuel Innovator Twelve in push for cleaner aviation
United Airlines has announced a strategic investment in Twelve, a climate tech company that converts carbon […]
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UNOC predicts continued drop in Uganda fuel prices on crude slump, steady supply
The Uganda National Oil Company (UNOC) expects domestic fuel prices to continue declining, citing falling international […]
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Uganda ends search for refinery investor with historic agreement
After a protracted search for a partner to build an oil refinery that included an offer […]
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