Tullow Oil Donates Kshs.20 Million to Fight Drought in Turkana.

Oil exploration and production company Tullow oil, has donated Kshs. 20 million to fight drought in Turkana County. Speaking when he presented a cheque to Kenya Red Cross Society which is implementing the programme, Tullow Kenya Country Manager Martin Mbo

Kenya Government to Invite Bids for Sh255 Billion Crude Oil Pipeline.

Kenya is set to invite international bids for the design and construction of a crude oil pipeline linking the oil fields in Turkana and the Port of Lamu. In the first acknowledgement by a government official, Energy Secretary Davis Chirchir said the

Uganda to sign memo with oil firms over production-ministry.

Source: Reuters Uganda will sign a memorandum of understanding on Thursday with Britain’s Tullow Oil, France’s Total and China’s CNOOC, an Energy Ministry spokesman said, in a vital step towards starting oil production in the country Eas

Uganda Announces Deal With Foreign Oil Companies.

[twitter-follow screen_name=’oilnewskenya’] Story by CommodityHQ The government of Uganda is ready to develop its oil sector, but says it prefers to ramp up production slowly. n recent years, investors have witnessed the US becoming a dominant

Mobilizing Finance for Energy Development in Africa.

[twitter-follow screen_name=’oilnewskenya’] Story by Oil Council Many economies on the African continent are undergoing a transformative expansion. Recent oil and gas discoveries, along with improvements in transparency and governance, have pr

Uganda set to sign pact with Tullow to allow for oil production.

Story by Reuters Uganda has completed negotiations with Britain’s Tullow Oil and its partners and will soon sign an agreement that could pave the way for the start of crude production. East Africa’s third-largest economy struck hydrocarbon d

Tullow Oil, Africa Oil plan Kenyan oil pipeline.

[twitter-follow screen_name=’oilnewskenya’] Story by Business News British energy explorer Tullow Oil said it was discussing an export pipeline with the Kenyan government following the discovery of major oil deposits. Tullow, along with its pa

Uganda Gov’t adopts horizontal drilling method for its oil.

Uganda has adopted the horizontal oil drilling method as a way to reduce impact on the environment and wildlife in the environmentally sensitive Albertine graben. Commercial deposits of oil, which currently stands at 3.5 billion barrels, have been discove

Sudan, South mull joint oil protection force.

Story by AFP Sudan and South Sudan agreed Monday during a visit to Juba by President Omar al-Bashir to consider setting up a joint force to protect vital oilfields, his foreign minister said. “Sudan and South Sudan are in consultations about the dep

New oil, gas finds: Is East Africa ready for sovereign wealth funds?.

Story by The EastAfrican:- Sovereign wealth funds are fast becoming the “must-have” for any natural resource-exporting country, and for any country hoping to commercialise reserves of oil, gas or minerals in the near future. East Africa has not been l

East African oil wells among explorations to watch out for in 2014.

The fact that a 40% drilling success rate marks out 2013 as one of BP’s best years for exploration in decades reflects the kind of glass-half-full attitude hardy oil investors must persist with. Disappointing results are too many to count, but, there f

UAE’s Hayaat buys shares in Swala Energy.

[twitter-follow screen_name=’oilnewskenya’] Story by The National Hayaat Group, an Abu Dhabi-based investor, has bought a minority stake in an East African oil explorer for A$3.3 million (Dh10.8m). It acquired a 9.5 per cent equity in Swala En