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PWC – Existing energy companies must become agile to withstand new competition

With growing interest and investment from India, China and international oil companies operating in Africa, there has been increased competition for exploration acreage in recent years. As some of the … Read More

Vanoil Provides Update on License Renewals in Kenya

“Vanoil Energy  a Vancouver-based Canadian international oil and gas development company has confirmed ongoing discussions with the Kenyan Government with regard to its license renewals in Kenya.These talks are now … Read More

Taipan announces update on 220 million barrel Kenyan prospect

Taipan Resources Inc. has announced that BGP has commenced the acquisition of further 2D seismic data on Block 2B, onshore Kenya. The data acquired will be used to finalize the … Read More

Tullow Oil to educate 100 Africans on Oil and Gas

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil has announced that it is now receiving scholarship applications from interested students in the oil and gas sectors in seven African countries it operates. Among countries … Read More

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

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