Kenya, Somalia could settle border dispute outside court
A maritime border dispute between Kenya and Somalia that has clouded the future for oil and gas exploration in seven blocks could be headed out of court months after the … Read More
Category: Oil Politics
As an investor learn the politics in areas you would like to inject resources into
Tullow Oil Agrees To Pay Uganda Government $108 million To End Tax Dispute
A tax row that has ensued between oil explorer Tullow Oil and the government of Uganda and the Uganda Revenue Authority in regards to two farm downs to China’s CNOOC … Read More
2nd Local Content Convention Opens Today in Nairobi
The second Oil and Energy Services Local Content Convention (OES LCC) will kick off at Nairobi’s Safari Park hotel today morning bringing together hundreds of stakeholders from the East African … Read More
When booms turns to dust: Local Content Policy
By Berryl Claire Asiago The impetus at which the extractive industries grow is significant and many countries are now in the process of developing their oil and gas industries, over … Read More
Taipan Resources sues Afren for $10 million in damages in Kenya’s Block 1
Taipan Resources has announced that the Company’s Kenya based subsidiary Lion Petroleum Corp has commenced an arbitration action against East African Exploration (Kenya) Limited (EAX), a wholly owned subsidiary of … Read More
Court lifts Temporary Injunction Order barring drilling of Badada-1 in Kenya’s Block 2B
[twitter-follow screen_name=’oilnewskenya’] The high court in Nairobi has allowed Block 2B operator Taipan Resources to continue with drilling preparations after lawyers representing the Company’s wholly-owned Kenya-based subsidiary, Lion Petroleum Inc. … Read More
Environmentalists’ stop CAMAC Energy from seismic acquisition in Kenya’s block L16
[twitter-follow screen_name=’oilnewskenya’] CAMAC has been forced to stop a planned seismic acquisition programme through Kenya’s coastal area’s Arabuko-Sokoke forest after environmentalists protested the acquisition of two seismic lines through the … Read More
Insecurity, Political issues continue to haunt exploration in Puntland, Somalia
[twitter-follow screen_name=’oilnewskenya’] Insecurity continues to paralyze oil and exploration in Puntland with many companies holding back activities until a solution is sought. Just recently Horn Petroleum which holds licenses Puntland’s … Read More
Badada-1 well likely to delay as court injunction halts operations in Kenya’s Block 2B
[twitter-follow screen_name=’oilnewskenya’] Taipan Resources has announced that the Company’s wholly-owned Kenya-based subsidiary, Lion Petroleum Inc. has received a formal notice from the High Court of Kenya of a temporary injunction … Read More
Vanoil Energy reviews company operations to focus on Kenyan case
Last week Vanoil Energy announced that the board of directors has instructed management to conduct an immediate review of all Company operations as it shifts its priority aggressively pursue its … Read More