Africa's Oil, Gas and Energy News.
[twitter-follow screen_name=’oilnewskenya’] Uganda’s petroleum exploration and production department has put its estimated crude oil reserves at 6.5 billion barrels from the previous 3.5 billion barrels. The department is quoted by … Read More
[twitter-follow screen_name=’oilnewskenya’] Kenya is awaiting the approval of $50 million dispatchment as part of the Kenya Petroleum Technical Assistance Project (KEPTAP) that targets to train government agencies including the energy … Read More
Tullow Oil plc has announced that its subsidiaries operating in Uganda have received a ruling from the Tax Appeals Tribunal (TAT) in Uganda relating to Capital Gains Tax (CGT). The … Read More
The East African crude oil pipeline project has received five bids from a consortium of six companies for the project that is being undertaken by Kenya, Uganda and Southern Sudan. … Read More
Shell and China National Offshore Oil Corporation (CNOOC) have announced the signing of a Global Strategic Alliance Agreement that reconfirms both parties’ commitment to the existing strategic partnership in China … Read More
[twitter-follow screen_name=’oilnewskenya’] China National Offshore Oil Corporation (CNOOC) Statoil and ExxonMobil will have to wait and see who gets the offshore block 4/3A after the three companies submitted bids for … Read More
[twitter-follow screen_name=’oilnewskenya’] Uganda will require fiscal terms that offer the right incentives to invest capital and take up front risks if it is to realize the vast amounts of capital … Read More
Uganda’s Inspector General of police has ordered the deployment of both covert and overt troops in the Albertine region especially in an area set for the building of the country’s … Read More
Uganda will in July name the lead investor and operator for its planned refinery expected to have a maximum output of 40,000 barrels a day. According to Reuters the announcement … Read More
JV partner Oryx Petroleum has announced that the testing of the CNOOC-operated E-1 exploration well targeting the Elephant Prospect in the Haute Mer A licence area in Congo (Brazzaville) confirmed the discovery of natural gas and crude oil previously … Read More
