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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…

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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…

Posted in News by others Top News

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…

Posted in News by others Top News

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…

Posted in News by others Oil Politics

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…

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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…

Posted in New Discoveries News by others

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…

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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…

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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…

Posted in News by others Oil Politics

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…