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

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

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

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

East African oil wells among explorations to watch out for in 2014

The fact that a 40% drilling success rate marks out 2013 as one of BP’s best years for exploration in decades reflects the kind of glass-half-full attitude hardy oil investors must … Read More

Challenges Kenya, Uganda face in oil production

The East African region is now focus of the world as it joins the league of oil producing countries with over 1.6 billion barrels discovered in Uganda and Kenya with … Read More