Africa's Oil, Gas and Energy News.
Africa Oil has reported that further to the previously announced farmout agreement between Africa Oil and Maersk Olie og Gas A/S (Maersk) on 4th February 2016, the companies have agreed to payment … Read More
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
[twitter-follow screen_name=’oilnewskenya’] Tullow Oil plc has announced that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour in the proceedings against Heritage Oil and Gas Ltd and … 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
[twitter-follow screen_name=’oilnewskenya’] Tullow Oil plc has announced that the Shimela-1 well encountered water bearing reservoirs. Shimela-1 in the South Omo Block, onshore Ethiopia, was drilled to test a prospect in … Read More
Story by Bloomberg Tullow Oil Plc fell the most in more than two weeks in London after the oil explorer said a test well in Kenya failed to find viable crude deposits. The shares fell 2.3 … Read More
[twitter-follow screen_name=’oilnewskenya’] Kenya will start oil production before its neighbour Uganda according to Tullow Oil discovered having announced its first oil discovery six years after its western neighbour. Tullow Oil … Read More
[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
[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
[twitter-follow screen_name=’oilnewskenya’] Residents of Nebbi will each receive Kshs. 120,000 per acre for land trampled on during exploration plus a 10,000 shillings rent every year with a 40 per cent … Read More
