First Oil Archives – CEO East Africa

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

Paul MurungiEnergy, Oil & Gas The 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…

Ernest Rubondo to Step Down After a Defining Decade as Executive Director of PAU

Paul MurungiEnergy, Oil & Gas The Big StoryDecember 16, 2025January 10, 2026

The Petroleum Authority of Uganda (PAU) has commenced the search for its second Executive Director, formally opening the next chapter in the leadership of Uganda’s oil and gas regulator. The…

Uganda Raises Recoverable Oil to 1.65 Billion Barrels

Muhereza KyamuteteraThe Big StoryNovember 20, 2025November 20, 2025

Uganda’s petroleum sector has recorded a major milestone with new assessments showing a rise in recoverable oil resources from 1.4 billion to 1.65 billion barrels. The announcement was made by…

With over USD1 bn earned by Ugandans and over USD1.7 bn gov’t infrastructure investments; how oil and gas is changing Ugandan lives even before first oil flows

Muhereza KyamuteteraThe Big StoryDecember 14, 2020December 14, 2020

From the time Uganda hit the first commercially viable oil finds at Mputa-1 well on 6th January 2006, the word on everyone’s lips has been “first oil”. Cabinet in…