It is the location of a "central processing facility" (CPF) of Uganda's oil fields in the Albertine Graben.

[1] Kasenyi is located on the shores of Lake Albert, approximately 113 kilometres (70 mi), by road, north of Hoima, the largest city in Bunyoro sub-region.

[4] The village of Kasenyi has been selected by the government of Uganda and the three major oil companies exploring for oil in Western Uganda; to include "the Central Processing Facility (CPF), construction camps, accommodation facilities, a workshop and feeder pipelines".

[1] The three oil companies have named the petroleum project in Buliisa District "Tilenga", after an antelope in Acholi and Bunyoro.

[1] There will be another CPF located in Buhuka in Hoima District to process crude oil from the Kingfisher Development Area before piping it to the refinery.