Oil & Gas

Uganda's Oil Production Timeline: What to Expect in 2026 and Beyond

With the long-awaited Final Investment Decision behind us, Uganda's oil sector is entering a critical phase of infrastructure development.

Jane Atim · Jun 18, 2026 · 1 min read

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Oil & Gas Aug 25, 2017

Stanbic places hope in oil sector for rebound.

Stanbic bank estimates Uganda’s economy will rebound to the 5 percent growth levels partly as a result of the expected investments in the oil and gas sector. While releasing its half-year numbers for 2017, where the bank’s profit after tax dropped by 11 percent to Shs 95 billion compared to the same…

Deep Earth Admin

2 min read 0

Electricity Oct 22, 2016

Tribunal sheds light on Umeme`s tax woes and battles with power regulator

After years of raking in free money through inflated projections of some of its costs, Umeme is finding it difficult to make easy money, with the company in the process of making one last stand against government�s proposals on how electricity tariffs – the power supplier�s main cash cow – should be…

Deep Earth Admin

14 min read 0

Oil & Gas Oct 22, 2016

Kenya-Uganda pipeline: Let`s get it right this time

Around midday on Friday, February 1, 2013, a significant meeting took place at the Ministry of Energy offices at Amber House, Kampala Road. The names of the companies vying for the construction of the Kenya-Uganda petroleum pipeline from Eldoret to Kampala were unveiled. With that, a vital topic was…

Deep Earth Admin

5 min read 0

Oil & Gas Oct 22, 2016

Tullow Oil virtually static despite forecast of strong growth

Tullow Oil recently said 2013 financial results are expected to deliver strong revenue and gross profit growth and operating cash flow of $1.9bn reflecting growth in production and stable oil and gas prices. Following a successful $650m debut bond issue in November 2013, Tullow’s balance sheet is we…

Deep Earth Admin

4 min read 0

Oil & Gas Oct 21, 2016

Marathon Pumps Up Eq. Guinea’s Gas Production

American independent Marathon Oil has achieved first gas production through its new Alba B3 offshore compression platform off Equatorial Guinea. Production from the B3 platform allows Marathon Oil to convert approximately 780Billion cubic feet (or130 million barrels of oil equivalent),of proved unde…

Deep Earth Admin

1 min read 0

Oil & Gas Oct 21, 2016

Vertex Assumes the Largest Share of First Hydrocarbon Nigeria (FHN)

Vertex, an Upstream Nigerian independent funded by African Capital Alliance (ACA), has taken 40% of First Hydrocarbon Nigeria FHN, in a new shareholding structure of the latter. The company is one of two new equity holders of FHN, buying into what used to be Afren’s 70% of FHN. The other newcomer is…

Deep Earth Admin

2 min read 0

Electricity Oct 21, 2016

Babungi to take charge of Umeme, Uganda’s foremost energy distributor

Come April 1, Selestino Babungi, will take charge of Umeme, Uganda’s foremost energy distributor following the stepping down of Managing Director, Charles Chapman. Babungi, who has previously served as Umeme’s Chief Financial Officer (CFO), was also appointed an Executive Director with effect from M…

Deep Earth Admin

2 min read 0

Mining Oct 21, 2016

Deaths at Kilembe force company to improve safety measures

In December, 2015 alone, the Tibet-Hima consortium, that is running the Kilembe copper mines, has lost two workers in avoidable fatal accidents. As would be expected, these deaths have caused unease in the community, in Kasese, Western Uganda with concerns raised about the safety measures, if any, t…

Deep Earth Admin

4 min read 0

Mining Oct 21, 2016

Uganda, RT Global Resources agree on refinery details

The Government of Uganda has completed negotiations on the principal agreements in its Refinery Project with the RT Global Resources – led consortium, according to a highly placed Ministry of Energy and Mineral Development official. “It’s true, the negotiations have been completed and once a few min…

Deep Earth Admin

2 min read 0

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Kenya

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Jun 17 · Electricity