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Africa Oil Announces Farmouts in the Rift Basin Area and Adigala Blocks in Ethiopia

Africa Oil has announced that it has received Ethiopian government approval in respect of two farmout agreements with Marathon Oil…

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WHL Energy signs Seychelles farm-in agreement with Ophir Energy

Australian energy company WHL Energy Limited has signed a farm-in agreement with Ophir Energy plc under which Ophir will farm-in to…

Posted in New Discoveries Top News

Statoil announces successful test in Block 2 offshore Tanzania

Statoil and co-venturer ExxonMobil have announced the results from their first drill stem test in the Tanzania Block 2 offshore discoveries. The data acquired is…

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South Sudan says in control of main oil fields in Upper Nile

South Sudan government has said it is in full control of the main oil producing areas of Upper Nile state…

Posted in New Discoveries Top News

Tullow Oil denies oil discovery reports in Ethiopia

British explorer that is carrying works in the South Omo zone has denied reports by US based website Energy and…

Posted in New Discoveries Oil Politics Top News

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…

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ERC issues marketing firms guidelines

New guidelines by the energy regulatory authority that came into force this month has capped the volumes and number of…

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Full list: Oil marketers found selling adulterated products

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Taipan Resources: Hunting Elephants in Kenya

Story by MarketWatch The East African Rift Basin system is one of the last of the great rift basins to…

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East Africa next investment attraction exploration and production companies

[twitter-follow screen_name=’oilnewskenya’] 3 East African countries Kenya, Mozambique and Tanzania are set to be the next attraction for the exploration…