oil and gas Uganda Archives

UNOC’s Big Leap: Profits, Pressure, and the Race Against Time

Uganda National Oil Company (UNOC) reported a net profit of UGX 359.7 billion for the financial year ending June 2025, its strongest performance since inception. The result reflects a significant shift in

April 18, 2026

The Big Story

I&M Bank’s Head of Treasury - Nadia Mindra (right), hosted Gilbert Kamuntu - Chief Commercial Officer at UNOC in a fire-side discussion.

I&M Bank Hosts Fire-Side Chat on Uganda’s Financial Markets in the Oil Era

On Friday, March 13 2026, I&M Bank Uganda hosted financial markets stakeholders for a fire-side discussion under the theme ‘Shaping Uganda’s Financial Markets in the Oil Era,’ at the Kampala Serena Hotel.

March 18, 2026

Company News·Energy, Oil & Gas

UNOC Paid UGX 918 Billion for Kenya Pipeline Shares

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 cross-border infrastructure

February 26, 2026

Energy, Oil & Gas·The Big Story

A photo collage of President Museveni, Energy Minister Ruth Nankabirwa, Finance Minister Matia Kasaija, and Proscovia Nabbanja, the Chief Executive Officer of the Uganda National Oil Company (UNOC).

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

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 efforts to

February 24, 2026

Energy, Oil & Gas·The Big Story

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

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 year. The

February 8, 2026

Energy, Oil & Gas·The Big Story

Minister of State for Finance (General Duties), Henry Musasizi

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

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 justification for

January 28, 2026

Economy & Policy·Energy, Oil & Gas·The Big Story

dfcu Bank Champions SME Readiness for Uganda’s Oil and Gas Value Chain.

dfcu Bank has reaffirmed its commitment to empowering Ugandan enterprises to participate competitively in the country’s oil and gas sector. Speaking at a Networking Forum hosted by the Industry Enhancement Centre (IEC)

November 4, 2025

Company News·News & Analysis

Hoima City Stadium will host some of the 2027 AFCON Games.

Hoima City Stadium: A worthy investment or another white elephant in the making?

The $130 million (UGX 354 billion) Hoima City Stadium has ignited a national debate: will it be a transformative investment for Uganda’s sports and tourism landscape, or another white elephant project? Built

October 24, 2025

Hospitality & Tourism·The Big Story

#RisingExecutives: After 12 years at Total Energies Uganda, Linda Nabirye steps into the world of PR consulting

HONORABLE EXIT: It’s time out. After 12 years of steering public relations at TotalEnergies EP Uganda, Linda Nabirye bows out into the world of consultancy. At TotalEnergies, through Tilenga– Uganda’s most watched

August 27, 2025

Executive Profiles·The Big Story

Robin Bairstow on Growth, Stability, and the SME Push at I&M Bank Uganda

With retail and SME lending delivering double-digit growth and a major digital overhaul complete, Robin Bairstow, CEO of I&M Bank Uganda, is steering the bank into its next growth phase. Speaking to

August 16, 2025

The Big Story