Kenya Uganda Presidents to agree on crude oil pipeline route in 2 weeks

Kenyan president Uhuru Kenyatta and his Ugandan counterpart Yoweri Museveni today met alongside with their technical teams to discuss the construction of the Uganda-Kenya oil pipeline that has for the … Read More

East African Countries Agree on Two Oil Pipelines

East African leaders from Kenya, Uganda and Rwanda have agreed to construct two oil pipelines that will enable Uganda and Kenya commence exports of discovered resources as well as relieve … Read More

Kenya Oil and Gas (upstream) sector fact file – shortened

Source: Ministry of Energy and Petroleum 1950-1992:  30 wells drilled by international oil companies in Kenya’s sedimentary basins. Two more wells drilled in the period stretching to 2010. None of … Read More

Most developing countries will benefit from oil price slump – World Bank

Gains from low oil prices can be substantial for developing-country importers if supported by stronger global growth, says a World Bank Group analysis of the oil price decline, contained in … Read More

ExxonMobil’s outlook for energy sees global demand fuelled by increase in consumption by developing nations

Significant growth in the global middle class, expansion of emerging economies and an additional 2 billion people in the world will contribute to a 35 percent increase in energy demand … Read More

Nestlé expects ‘major growth’ in Kenya when oil starts flowing

Story by HowWeMadeitinAfrica Swiss food and beverage multinational Nestlé is expecting “major growth” in the Kenyan market in five years when recent discoveries of oil begin to flow. Nestlé Kenya … Read More