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Kenya Revenue Authority Wins $22 Million in Tax Battle against Africa Oil Corp

Africa Oil Corp. has been ordered to pay $22 million in regards to its appeal process to Kenya Tax Appeals…

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Kenya’s “Oil Lady” Lucky Okudo Named in Forbes 30 under 30 List for 2020

Source: Forbes In 2012, Lucky Okudo found herself at a conference on the outskirts of Nairobi discussing environmental sustainability and…

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African Energy Chamber Appoints Elizabeth Rogo as President for East Africa

The African Energy Chamber  has appointed Eng. Elizabeth Rogo, Founder & CEO of TSAVO Oilfield Services, as its President for…

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South Sudan Petroleum Minister Holds Talks with OPEC to Find Solutions on Oil Price War

While oil prices rebounded last week on hopes of successful negotiations between Saudi Arabia and Russia, they went back down…

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IDS GeoRadar, Worldsensing Launch Unique Mining Monitoring Package

Two of the leading players in monitoring technology, Worldsensing and IDS GeoRadar, a Hexagon company, have cooperated to launch the most…

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Global E&P Capex Will Reach At Least A 13-Year Low In 2020 As Covid-19 And Price War Persist – Rystad Energy

Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to $100 billion this…

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Chemical and oil companies to slash capex, slowing investment wave

By Joseph Chang, Global Editor, ICIS Chemical Business In the wake of the coronavirus and collapse in crude oil prices,…

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Tullow Oil Losses Soar to $1.69B for 2019

Irish explorer Tullow Oil has announced that it has recorded a $1.694B in loss after tax for the year ended…

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Global oil demand to decline in 2020 as coronavirus weighs heavily on markets – IEA

Global oil demand is expected to decline in 2020 as the impact of the new coronavirus (COVID-19) spreads around the…

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Oil and Gas Activities to Improve Health Sector in Uganda

Dr. Diana Atwine, the Permanent Secretary of the Ministry of Health (MoH) in February led a team from the Petroleum…