Seychelles accepted as Extractive Industries Transparency Initiative Candidate

Seychelles has been accepted by the Extractive Industries Transparency Initiative (EITI) Board as a Candidate country to the EITI, the global transparency standard. Seychelles joins 45 other countries that have signed up to … Read More

Poor policies stand in Kenya’s way to enact Natural Resources laws

The chairperson of the departmental committee on environment and natural resources of the national assembly Amina Abdalla last week displayed the committee’s frustration while creating laws that will regulate the … Read More

Africa oilfield logistics raises $12 million by share issuance

Africa Oilfield Logistics Ltd an African focused support services and logistics company has announced it has conditionally raised approximately US$12.0 million before expenses by way of the issue of 77,800,000 … Read More

Energy top on the agenda as US-Africa summit kicks off in Washington

This week over 50 African heads of state will discuss ways of improving trade between their countries and the United states as well as how to tap into the United … Read More

Wentworth anticipates its first gas delivery from Tanzania to be in Q1 2015

Wentworth resources which has interest in the Mnazi Bay concession expects its first gas delivery in the first quarter of 2015 according to a presentation made in June to investors. … Read More

Pancontinental considers drilling second well in Kenya’s Block L10A

Australian explorer Pancontinental oil and gas has announced it is considering drilling a second well in the Kenyan block L10A where BG Group is the operator. The new well follows  … Read More

Afren suspends CEO, COO over corruption allegations

[twitter-follow screen_name=’oilnewskenya’] Afren plc has announced that its Board has temporarily suspended the CEO, Osman Shahenshah and the COO, Shahid Ullah over corruption allegations. Afren says that the two have … Read More