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East Africa lacks extractive industry taxation capacity

Article courtesy of OxfamAmerica Dr. Prosper Ngowi Dr. Prosper Ngowi, an economics professor from Tanzania, said that Tanzania has lost a lot of revenue from the gold sector because of … Read More

Africa Oil Provides Operations Update

[twitter-follow screen_name=’oilnewskenya’] “Africa Oil” or the “Company”) is pleased to provide the following update on its activities in Kenya and Ethiopia. Africa Oil’s work program for 2014 will include at … Read More

Tullow strikes more oil at Amosing 1 and Ewoi-1 wells n Kenya’s Block 10BB

Tullow Oil plc  has today announces oil discoveries at the Amosing-1 and Ewoi-1 exploration wells in Block 10BB onshore northern Kenya. As a result of these latest successes and recently … Read More

East African oil wells among explorations to watch out for in 2014

The fact that a 40% drilling success rate marks out 2013 as one of BP’s best years for exploration in decades reflects the kind of glass-half-full attitude hardy oil investors must … Read More

Challenges Kenya, Uganda face in oil production

The East African region is now focus of the world as it joins the league of oil producing countries with over 1.6 billion barrels discovered in Uganda and Kenya with … Read More

Swala Energy reports optimism in its Tanzania exploration

[twitter-follow screen_name=’oilnewskenya’] Australian owned Swala Energy Limited has announced that RISC Operations Pty Ltd an independent petroleum advisory firm, have completed their review of the resource potential of the Kito … Read More

New discovery at Mzia Discovery raises Tanzania resources to 15 tcf

[twitter-follow screen_name=’oilnewskenya’] BG Group has announced an increase in total recoverable resources for the Mzia discovery and across Blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion of … Read More