Uganda oil inches forward
Uganda hopes to see its first crude oil exports by 2022
The partners in Uganda's oil export project insist they are still on track to make a final investment decision (FID) by mid-2019, as obstacles on the path towards first production are slowly cleared. Total, China's Cnooc and UK independent Tullow are developing discoveries in the Lake Albert region of landlocked Uganda, which is estimated to have total resources of some 6.5bn bl of crude oil in place. Production will be transported from a hub at Homa, near Lake Albert, to Tanga on the Tanzanian coast through a 1,445km (898 mile) pipeline, with a capacity of around 216,000bl/d. First exports had originally been pencilled in for 2020, but various delays have led the government to shift the dat
Also in this section
5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat






