Oil and Gas sector to focus at Dubai: Somalia Investment Summit

[twitter-follow screen_name=’oilnewskenya’] The growing confidence in Somalia’s economic recovery process has seen institutions like the Eastern and Southern African Trade and Development Bank, commonly known as the PTA Bank, lift sanctions … Read More

Tullow Oil loss of Kenya’s Block 10A adds to Kshs. 38.4 billion group profit dip

[twitter-follow screen_name=’oilnewskenya’] British explorer Tullow Oil which held the license to exploration Block 10 in Northern Kenya’s Marsabit county has booked a 6.8 billion shilling loss after losing the expired … Read More

Tullow Oil May Sell Part of Stake in Ugandan Oil Field

[twitter-follow screen_name=’oilnewskenya’] Story Wall Street Journal Africa-focused oil and gas explorer Tullow Oil PLC is considering selling part of its stake in a Ugandan oil field it is developing with … 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

Oman Oil Company targets Tanzania as first oversees office

As part of its broad investment programme to increase presence in key growth markets, Oman Oil Company (OOC) has announced the opening of its first representative overseas office in Dar … Read More

Tullow Oil Donates Kshs.20 Million to Fight Drought in Turkana

Oil exploration and production company Tullow oil, has donated Kshs. 20 million to fight drought in Turkana County. Speaking when he presented a cheque to Kenya Red Cross Society which … Read More

PanContinental: Onshore Kenya L6 Farmed-Out For Seismic and Drilling

Pancontinental Oil & Gas and its wholly owned subsidiary Afrex Limited (together “Pancontinental”) has entered a farm-in agreement for the onshore portion of Kenyan exploration area Block L6 in the Lamu Basin. … Read More