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    pipeline

    Parliament approves UNOC’s UGX 7 trillion loan from Vitol Bahrain to fund oil refinery, Kenya pipeline shares and storage facilities

    Paul MurungiEnergy, Oil & GasThe Big StoryDecember 17, 2025December 18, 2025

    Parliament has approved a proposal authorising the Uganda National Oil Company (UNOC) to borrow up to USD 2 billion (UGX 7.12 trillion) from Vitol Bahrain E.C. (VBA), a global trader…

    Uganda’s oil projects hit by delays, funding shortfalls – Auditor General says 

    CEO ReporterBanking & Financial ServicesBusiness & MarketsCompany NewsEast AfricaEnergy, Oil & GasGlobal NewsNews & AnalysisPolitics & GovermentThe Big StoryJanuary 23, 2025January 23, 2025

    The Auditor General, Edward Akol, has noted with concern that the Tilenga and KingFisher Development Area oil projects in western Uganda are behind schedule in hitting completion targets, with some…

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