Tuesday, May 5, 2026
Vitol deal revives Uganda’s $4 billion refinery ambitions- oil and gas 360

Vitol deal revives Uganda’s $4 billion refinery ambitions

(Oil Price)– Commodity trading major Vitol will provide $2 billion in loans for the Ugandan government, to be used for energy infrastructure projects, including a refinery, Reuters has reported, citing a Ugandan government official. The 60,000-barrel-daily facility is one of the key infrastructure projects related to the East Africa Crude Oil Pipeline that will carry Ugandan crude to the East

Controversial $5 billion EACOP project is now three-quarters complete- oil and gas 360

Controversial $5 billion EACOP project is now three-quarters complete

(Oil Price)– The $5-billion East African Crude Oil Pipeline (EACOP), which is planned to export crude oil from Uganda via a port in Tanzania, is now 75% complete, moving landlocked Uganda a step closer to becoming an oil exporter. EACOP, a controversial pipeline project that has seen a lot of environmental opposition and planning and construction delays, is now about