Experts warn on proposed windfall tax in attracting investors to Kenya

Experts are warning that a proposed windfall tax by the Kenyan government on oil once production starts could keep away potential investors much as it would amount to more income … Read More

Energy top on the agenda as US-Africa summit kicks off in Washington

This week over 50 African heads of state will discuss ways of improving trade between their countries and the United states as well as how to tap into the United … Read More

Ugandan journalists to get Oil and gas training

Bloggers, alternative media producers, online journalists, TV/radio producers will in August receive training on oil and gas from various experts including the petroleum exploration and production department (PEPD), oil companies, … Read More

East African countries advertise bid for lead consultant for crude oil pipeline

[twitter-follow screen_name=’oilnewskenya’] Kenya and Uganda have advertised for a lead consultant that will oversee the feasibility study and initial design for the construction of a 1300 kilometer pipeline from Uganda … Read More

Piracy could threaten Mozambique’s Gas exploration and production

[twitter-follow screen_name=’oilnewskenya’] A professor at the Aquino de Braganca Centre for Social Studies in Maputo Joao Paulo Coelho has warned Somali pirates could be a cause for maritime security off … Read More

Altaaqa Global Opens East Africa Office

[twitter-follow screen_name=’oilnewskenya’] The new Nairobi office will serve as a hub for Altaaqa Global’s sales and operations in the East Africa region Dubai-based Altaaqa Global CAT Rental Power, a global … Read More

Tullow Oil pioneers in publishing extractive industry transparency report

[twitter-follow screen_name=’oilnewskenya’] In 2012, Tullow generated sales revenue of $2.3 billion. Governments received $573 million in taxes, royalties and other payments and over three million barrels of oil in relation … Read More

Statoil announces successful test in Block 2 offshore Tanzania

Statoil and co-venturer ExxonMobil have announced the results from their first drill stem test in the Tanzania Block 2 offshore discoveries. The data acquired is important to reduce technical uncertainties in a possible future Tanzania … 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