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May 7 results
16:53
16:53

China Assures Rubondo on Supply of Crude Oil Pipeline 1

Confirmation by the company confirms the major role that China and Chinese firms are expected to play in the construction of the pipeline. Some Western banks and insurance firms were forced to shy away from funding the project.
21:31
21:31

EACOP Talks Inch Towards A Last-Minute Deal—As Museveni, Suluhu Meet PAU 1 2 Top story

A Ugandan source in attendance told URN that the negotiations could go on until Sunday afternoon as the two sides held cards on their chests vouching for how best their countries could benefit from the pipeline project. The pipeline will evacuate Uganda’s oil from the Albertine to the external market.
23:52
23:52

Mweheire Rallies South Africa To Invest in East Africa 1

Stanbic Bank Uganda Chief Executive Officer, Patrick Mweheire says East Africa’s highly diversified economies offers immense opportunity for South African investors. He said the region's economies are growing northwards of 6% in a highly integrated regional market offering great fortune for potential investors.
13:06
13:06

Uganda, Tanzania Set New Deadline For Oil Pipeline Agreement crude oil 3 1 Top story

The idea is that all the final investment decisions for the pipeline, refinery and general developments should have been concluded by end of June for first oil 2021/2022.
16:15
16:15

Crude Oil Pipeline Yet to Move on Financing 2 1

Standard Stanbic Bank, Japans Sumitomo Mitsui Banking Corporation Europe Ltd SMBCE, and Industrial and Commercial Bank of China Limited ICBC were in August selected as financial advisors for financing the project.
07:15
07:15

Oil and Gas: Players Wary of Local Content Requirements tullow oil company 5 1 Top story

Several inward investors providing services to oil and gas sector are concerned about national participation and local content regulations being introduced by a private members bill soon to be tabled in Parliament.
12:38
12:38

Pictorial Launch Of East Africa Crude Oil Pipeline Project In Pictures bunyoro oil demands

The function in Hoima was a follow up to the earlier foundation stone laid President Museveni and his Tanzania counterpart at Luzinga in Rakai district.
May 7 results