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The Uganda National Oil Company Limited (UNOC) in partnership with the State House Investors Protection Unit (SHIPU) early this week held a successful engagement with the media fraternity. The media engagement, held at SHIPU head offices, Plot 51B, Lumumba Avenue, Nakasero, Kampala -Uganda brought together journalists from various major media houses in and outside Kampala.
The Minister of Energy, Ms Ruth Nankabirwa, said: “Let the World know that Uganda is not going to abandon her petroleum resources.”
The excitement expressed this week speaks to how Uganda’s government is hedging its bets on the so-called black gold
Kampala inches closer to sealing the deal that gives a monopoly to state-owned Uganda National Oil Company.
Royani Energy Limited, Charles Kombo, and Acacia Ridge Construction are seeking the court's intervention in Uganda's decision to withdraw from a fuel