$4bn Uganda to Kenya pipeline key to unlocking reserves

[twitter-follow screen_name=’oilnewskenya’] Wood Mackenzie’s latest upstream analysis asserts that the proposed 1,400 kilometre (km) pipeline, from central Uganda to Lamu on Kenya’s east coast, is vital in order to realise the regions hydrocarbon potential. Wood Mackenzie says that the neighbouring countries’ combined yet-to-find (YTF) reserves are in excess of 4 billion barrels. However, Wood Mackenzie …

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Government suspends all land deals in Kenya’s oil rich region

[twitter-follow screen_name=’oilnewskenya’] All land transactions in the Kerio Valley region where oil exploration is ongoing in Kenya have been suspended till the country’s land commission comes into office. According to Elgeyo/Maralwet governor Alex Tolgos the halt in more sales would help resolve the boiling land ownership disputes between individuals and communities that has been a …

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Uganda parliament clears Tullow Oil of corruption allegations

[twitter-follow screen_name=’oilnewskenya’] Uganda’s parliamentary ad hoc committee investigating allegations of bribery and corruption by Tullow Oil Plc in the country has said it did not find any credible evidence to incriminate the oil explorer in its report. In the investigations Ugandan MP Gerald Karuhanga accused Tullow Oil of bribing the Prime Minister Amama Mbabazi and …

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Civicon Kenya secures Tullow Oil contract for roads and airstrips in Turkana

[twitter-follow screen_name=’oilnewskenya’]Story by Kenya Broadcasting Corporation – Civicon Engineering Company (part of TransCentury group) has signed a two year deal with British Oil Company Tullow Oil mandated to explore oil in Turkana County, in a move that will see Civicon involved in drilling of oil wells and opening up roads and airstrips in the region. …

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Swala Energy reports optimism in its Tanzania exploration

[twitter-follow screen_name=’oilnewskenya’] Australian owned Swala Energy Limited has announced that RISC Operations Pty Ltd an independent petroleum advisory firm, have completed their review of the resource potential of the Kito  prospect in the Kilombero Basin, located within the Kilosa- Kilombero licence in southern  Tanzania. Swala has an indirect 32.5% interest in the  licence.   Net unrisked …

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Solo Oil ‘Very Excited’ About Tanzania Prospects

[twitter-follow screen_name=’oilnewskenya’] Infill seismic surveying at the Ruvuma natural gas acreage, onshore Tanzania, is set to finalise locations for new exploration drilling and accelerate commercial development heading into 2014. A focused high-density programme of 2D infill seismic surveying has commenced on the onshore Ruvuma PSA, located at the far southeastern extremity of mainland Tanzania, in …

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Fuel prices for all towns in Kenya December 15th, 2013 – Janaury 14th, 2014

Date Range: Dec 15th, 2013 – Jan 14th, 2014 Town Super Diesel Kerosene Regular Bomet 111.85 107.29 85.76 108.03 Bondo 111.43 106.87 85.15 107.58 Bungoma 111.84 107.28 85.63 108.01 Busia 112.43 107.87 86.15 108.48 Chuka 111.02 106.26 84.81 107.34 Eldoret 111.07 106.51 84.86 107.31 Embu 110.51 105.74 84.3 106.87 Garisa 113.85 109.09 87.64 109.91 Gilgil 109.93 …

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New discovery at Mzia Discovery raises Tanzania resources to 15 tcf

[twitter-follow screen_name=’oilnewskenya’] BG Group has announced an increase in total recoverable resources for the Mzia discovery and across Blocks 1, 3 and 4 offshore southern Tanzania, marking the conclusion of a successful drilling and testing campaign. The campaign confirmed Mzia as the second giant gas discovery, after Jodari, in BG Group’s acreage offshore Tanzania, with …

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Only shrewd investment of Uganda’s oil revenue will ensure intergenerational equity

[twitter-follow screen_name=’oilnewskenya’] Story by The Independent Investing wisely Uganda’s oil revenues in productive sectors of the economy will ensure future generations benefit from the country’s promising petroleum industry, a new paper released on Dec.10 by the Economic Policy Research Centre (EPRC) and the Africa Growth Initiative at the Brookings Institution says. The researchers insist that …

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