Energy, Oil & Gas

From Presence to Power: Building The Table We Deserve

CEO East Africa MagazineEnergy, Oil & GasThought LeadershipWomen In LeadershipMarch 8, 2026March 8, 2026

By Marieme-Sav SOW, Vice President for engagement and advocacy at TotalEnergies EP Africa Often, I am the only woman in the room – sometimes, the only African woman. This is not a complaint, but a…

UNOC Paid UGX 918 Billion for Kenya Pipeline Shares

Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 26, 2026February 26, 2026

Uganda National Oil Company (UNOC) invested over UGX 918 billion in the recently concluded initial public offering (IPO) of Kenya Pipeline Company (KPC), marking one of the region’s largest state-linked…

Cabinet Approves UNOC Acquisition of 20.15% Stake in Kenya Pipeline Company

Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 24, 2026February 24, 2026

The Uganda National Oil Company (UNOC) has secured a 20.15 percent strategic shareholding in the Kenya Pipeline Company (KPC) following Cabinet’s approval.   The deal marks a significant milestone in Uganda’s…

UNOC Profits Surge to UGX 359.7b, but Fuel Buffer Gaps Expose Supply Risks

Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 8, 2026February 8, 2026

Uganda National Oil Company (UNOC) posted a strong profit of UGX 359.7 billion in the 2024/25 financial year, a sharp turnaround from the UGX 3.7 billion loss recorded the previous…

Bank of Uganda Warns of Inflation Risks If Oil Production is Delayed Again

Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 6, 2026February 6, 2026

Oil production is increasingly shaping Uganda’s inflation outlook, not only as a future driver of growth, but as a critical stabilising force for prices and the exchange rate. Bank of…

CEO in the Hot Seat: Will UETCL’s Richard Matsiko Reverse the UGX 293 Billion Loss?

Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 3, 2026February 3, 2026

Uganda Electricity Transmission Company Limited (UETCL) has emerged from the Auditor General’s FY2024/25 report as one of the most financially distressed entities in the country’s energy value chain—at precisely the…

An Energy Sector in Disarray: OAG Report Reveals Serious Gaps in Uganda’s Oil & Gas and Electricity Subsectors

Paul MurungiEnergy, Oil & GasThe Big StoryFebruary 2, 2026February 2, 2026

For more than a decade, Uganda’s energy sector—under the political stewardship of Ruth Nankabirwa Ssentamu since 2021—has ranked among the government’s top priority sectors, consistently absorbing trillions of shillings in…

Parliament Questions UGX19 Billion Tax Waiver for Newplan Engineering Firm Linked to Oil and Power Contracts

Paul MurungiEconomy & PolicyEnergy, Oil & GasThe Big StoryJanuary 28, 2026January 28, 2026

Parliament’s Committee on Finance, Planning and Economic Development has pushed back against a proposal to waive UGX18.86 billion in tax arrears for Kampala-based engineering consultancy Newplan Limited, questioning both the…

Powering the Nation: Beyond Blame, Toward ESG-Driven Electricity Governance in Uganda

CEO East Africa MagazineEnergy, Oil & GasThought LeadershipDecember 21, 2025December 21, 2025

Electricity is the invisible architecture upon which modern societies are built. It powers industry, sustains healthcare systems, enables education, fuels technological advancement, and underwrites national competitiveness. For Uganda, aspiring toward…

Tight Rules, Big Money: Energy Ministry Restricts Gold Trade to Licensed Operators as Central Bank Enters a UGX 20 Trillion Market 

Paul MurungiEnergy, Oil & GasThe Big StoryDecember 19, 2025February 13, 2026

The Ministry of Energy and Mineral Development has tightened control over Uganda’s gold trade, unfolding against a backdrop of record-breaking export earnings, a planned entry of the central bank into…