Editor's Pick

April 23, 2026

Despite $2.3 Billion Windfall, Ugandan Companies Expect More After First Oil

More than 15 years since they started drumming up the windfall of benefits from Uganda’s oil industry, officials at the Uganda Chamber of Energy and Minerals (UCEM) are confident that the country is close to producing its first barrel of commercial oil. Speaking during a media briefing ahead of the …

April 7, 2026

Uganda Fuel Prices Would Be Much Higher Without Government Intervention – Minister 

Despite steady fuel price increases over the last month, the situation could have been worse had it not been for the intervention of the Uganda government, Ruth Nankabirwa, the Minister of Energy and Mineral Development, told a parliamentary committee last week. “If it wasn’t for our continuous enga…

January 28, 2026

Nankabirwa Reminds IOCs of July 2026 First Oil Target

Ruth Nankabirwa, Uganda’s Minister for Energy and Mineral Development, radiates exuberance and high energy – qualities that feel particularly necessary as the country enters the final stretch towards producing its first barrel of oil – 20 years after commercial discoveries were made. Getting to this…