Tullow Oil needs to unlock value in Kenya with a farm-out – broker

Source: ProactiveInvestors Tullow’s partner banked nearly half a billion from a farm-out earlier this year, and Numis says a similar deal could help Tullow fix its balance sheet. Tullow Oil … Read More

Environmentalist Caution Uganda’s Licensing of Exploration in Virunga National Park

Over 60 environmental and tourism groups called for UNESCO and the governments of Uganda and the Democratic Republic of Congo to reach a deal to stop new oil drilling licences … Read More

SOCO International, WWF reach deal on controversial Virunga National Park

SOCO International plc (SOCO) has agreed with the World Wildlife Fund (WWF) in a joint statement to commit not to undertake or commission any exploratory or other drilling within Virunga … Read More

Soco set to begin seismic testing in controversial Congo’s Virunga Park

Soco International will start seismic tests in the Democratic Republic of Congo’s Lake Edward amid widespread protests by environmentalists who are against exploration at the Virunga park home to the … Read More

Progress claimed in bid to stop Congo oil drilling in Virunga National Park by SOCO International

[twitter-follow screen_name=’oilnewskenya’] GENEVA (AP) — An environmental organization said Friday it is making progress in its bid to block a proposal to dig for oil in a national park in Africa … Read More