In April 2025, the Government of Kenya made headlines by renewing its petroleum import agreements with three Gulf oil-exporting giants—Abu Dhabi National Oil Company (ADNOC), Saudi Aramco, and Emirates National Oil Company (ENOC)—under favorable credit terms. This...

Medic Holdings Limited, a leading bulk petroleum marketing company in East Africa, is making a bold strategic move to establish a stronger presence in the global energy market through its Dubai-based trading arm, Meedek PTL FZE. This expansion is not merely about...

In an increasingly interconnected global economy, energy is not just a local need—it is a global imperative. For a region like East Africa, which is experiencing rapid industrialization, urbanization, and population growth, energy security has become a top priority....

On December 9, 2021, Uganda’s Parliament took a historic step by passing the East African Crude Oil Pipeline (EACOP) Bill, establishing a clear legal framework to guide the development and management of the 1,443-kilometer pipeline project. The bill signaled Uganda’s...

In 2024, Medic Holdings Limited took a bold step toward international expansion by registering its new subsidiary, Meedek PTL FZE, in the Umm Al Quwain Free Trade Zone (UAQ FTZ) of the United Arab Emirates. This move was not coincidental — it was a carefully...

In March 2024, the Petroleum Authority of Uganda (PAU) officially announced that Ugandan companies had been awarded contracts worth over $1.8 billion under the country’s oil development projects. This announcement not only reinforced Uganda’s commitment to the "Buy...