Africa's Oil, Gas and Energy News.
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[twitter-follow screen_name=’oilnewskenya’] The challenges facing oil & gas companies operating in Africa continue to be diverse and numerous fuelled by fraud, corruption, theft, poor infrastructure and a lack of skilled … Read More
[twitter-follow screen_name=’oilnewskenya’] Courtesy of resourcegovernance.org Uganda is on the path to becoming a significant oil producer in the next decade, with production potentially reaching over 200,000 barrels per day. Under the right … Read More
[twitter-follow screen_name=’oilnewskenya’] Sterling energy which has operations in the Odewayne block has said it has halted its operations in the horn of African country until the country establishes an oil … Read More
Original story globalwitness.org On the third anniversary of its independence, South Sudan looks like it is sliding into a dangerous cycle of oil-backed debt. The new budget, announced last week, signaled … Read More
Vanoil Energy has provided an update on the ongoing negotiations with the Kenyan Government with respect to the extension of Vanoil’s Production Sharing Contracts over Block 3A and Block 3B, … Read More
The Tanzania Petroleum development corporation (TPDC) has dismissed a leaked document that shows that the East African country will lose $1 billion annually under a production sharing agreement between TPDC, … Read More
Africa Oil Statement on Ethiopia Following recent media focus on Africa Oil’s presence in Ethiopia, the company would like to make the following statement to clarify the actual situation on … Read More
Statement by Africa Oil In response to on-going media allegations about our operations in Ethiopia and Somalia, we believe it is important that we provide further facts about the situation on … Read More
[twitter-follow screen_name=’oilnewskenya’] More companies are expected to lose their blocks in Kenya as a result of relinquishments in the coming months. This is in compliance to their production sharing contracts that … Read More
[twitter-follow screen_name=’oilnewskenya’] The government has announced that it will be shelving proposals to have local content inclusions into the energy and mining bill which are set to be debated in … Read More
