Africa's Oil, Gas and Energy News.
[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
[twitter-follow screen_name=’oilnewskenya’] Africa oil will in 2014 shift to synthetic based muds in well drilling in Kenya as the company drives at cutting down well drilling durations. The synthetic based … Read More
Kenyan senators have voiced their opposition on the proposed oil refinery site in Isiolo saying it should be located at any county bordering the sea. The former government had come … Read More
Story by The New Times The discovery of commercially viable oil and gas deposits in East Africa has caused a lot of excitement among ordinary citizens, as well as political … 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
Experts have warned that the lack of skills when negotiating transactions and drafting agreements with international oil companies in relation to the extractive industry could cost east African countries leaving … Read More
Uganda has said it is only taking the necessary precautionary measures to get out the best from the Uganda’s oil industry but not intentionally delaying production as alleged by Tullow … Read More
Story by HowWeMadeitinAfrica Swiss food and beverage multinational Nestlé is expecting “major growth” in the Kenyan market in five years when recent discoveries of oil begin to flow. Nestlé Kenya … Read More
Australian oil and gas company Swala Energy Limited has announced the signing of a binding farm-out agreement for a 25% working interest in Block 12B (Kenya) with an international integrated oil and … Read More
Story by Oxfam America Oil companies and Kenyan civil society groups debate the future of the region. How does an oil company engage with communities effectively when these communities have … Read More
