Hydrocarbons, Markets

World Bank says knock-on effects of Middle East conflict will hit commodity markets

April 29

Energy prices are projected to surge by 24 pc this year to their highest level since […]

Read more
Business, Energy, Hydrocarbons

Stanbic Bank CE cites up-skilling as vital to realizing oil sector gains

April 29

Mumba Kalifungwa, the Chief Executive of Stanbic Bank, has called on business leaders to invest in […]

Read more
Business, Companies, Energy, Hydrocarbons, Trade & Industry

Uganda weathers global oil shock as pump prices rise modestly amid Middle East tensions

March 31

Uganda’s fuel prices have risen modestly by about 5 pc  amid Middle East tensions, but strong […]

Read more
Business, Energy, Finance, Hydrocarbons, Investment

UK torpedoes Mozambique’s Cabo Delgado gas project as it pulls back from USD 1.15 billion commitment

December 3

The UK’s surprise withdrawal of USD 1.15 billion in support for the Mozambique LNG project has […]

Read more
Companies, Finance, Hydrocarbons, Investment, Transport, Travel & Tourism

United Airlines invests in CO₂-to-Jet fuel Innovator Twelve in push for cleaner aviation

May 6

United Airlines has announced a strategic investment in Twelve, a climate tech company that converts carbon […]

Read more
Business, Companies, Energy, Hydrocarbons

UNOC predicts continued drop in Uganda fuel prices on crude slump, steady supply

April 30

The Uganda National Oil Company (UNOC) expects domestic fuel prices to continue declining, citing falling international […]

Read more
Business, Companies, Energy, Hydrocarbons

Uganda ends search for refinery investor with historic agreement

March 30

After a protracted search for a partner to build an oil refinery that included an offer […]

Read more
Business, Companies, Energy, Hydrocarbons

Boeing’s record SAF purchase supports airlines decarbonisation efforts

April 17

People familiar with the situation say the development can be beneficial for Africa, because it has […]

Read more
Energy, Finance, Hydrocarbons, Investment, Land & Agriculture

With eyes on oil and gas, France pledges USD 3 billion investment in Uganda

February 28

France will invest USD 3 billion over the next three years, targeting the key sectors of […]

Read more
Companies, Energy, Hydrocarbons

TotalEnergies awards Expro Holdings $30m deal to maintain Ugandan rigs

June 20

TotalEnergies EP, the developers of the Tilenga oilfields in western Uganda, has awarded a $30 million […]

Read more