Uganda Announces Deal With Foreign Oil Companies

[twitter-follow screen_name=’oilnewskenya’] Story by CommodityHQ The government of Uganda is ready to develop its oil sector, but says it prefers to ramp up production slowly. n recent years, investors have … Read More

Licensing of Kenyan oil exploration blocks frozen

The ministry of energy has stopped all licensing of oil exploration blocks in Kenya until the government puts in place the Energy Act. According to energy principal secretary Joseph Njoroge … Read More

Statoil top energy company in global sustainability rankings

Corporate Knights has ranked Statoil number four, and the number-one energy company, on the Global 100 list of the world’s most sustainable corporations. The announcement was made at the World Economic … Read More

South Sudan starts to lose oil buyers as conflict continues

[twitter-follow screen_name=’oilnewskenya’] Buyers of South Sudanese crude oil have been looking for alternative sources following the conflict that broke out last month affecting oil production in especially South Kordofan and … Read More

Mobilizing Finance for Energy Development in Africa

[twitter-follow screen_name=’oilnewskenya’] Story by Oil Council Many economies on the African continent are undergoing a transformative expansion. Recent oil and gas discoveries, along with improvements in transparency and governance, have … Read More

Tullow Oil opens community resource offices in Northern Kenya

British explorer has opened community resource offices in northern Kenya to encourage dialogue and partnerships with communities in the area where it has been prospecting oil. “Tullow community resource offices … Read More

Total E&P compensates Ugandans as production nears

[twitter-follow screen_name=’oilnewskenya’] Residents of Nebbi will each receive Kshs. 120,000 per acre for land trampled on during exploration plus a 10,000 shillings rent every year with a 40 per cent … Read More

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