Posted in Oil Politics Top News

Kenya’s parliament backs Vanoil Energy license cancellation

[twitter-follow screen_name=’oilnewskenya’] The energy and transportation committee has backed the decision to terminate the oil exploration license of Vanoil Energy…

Posted in Oil Politics

Benefit sharing key in development of LAPSSET and Oil resources

By Charles Wanguhu A key challenge in development is the implementation of an inclusive agenda. Development experts have come to…

Posted in Oil Politics Top News

WWF celebrates victory over SOCO International in DRC

Statement from WWF WWF celebrates a major victory in protecting Virunga National Park today. Soco International PLC, the London-based multinational…

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From Oil Field to Football Field: Why Are So Many World Cup Contenders Resource-Dependent?

Source: resourcegovernance.org Qatar’s alleged plot to “buy” the 2022 World Cup has been making global news recently, with salacious stories of bribes paid to…

Posted in Oil Politics Top News

SOCO International, WWF reach deal on controversial Virunga National Park

SOCO International plc (SOCO) has agreed with the World Wildlife Fund (WWF) in a joint statement to commit not to…

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Why consumer lobby group COFEK wants Kenya pipeline tender award revoked

Days after Zakhem International construction limited won the tender award to construct the new Kenyan pipeline from the port city…

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Vivo Energy Kenya Launches Shell Motorbike Lubricants

Uganda has announced that it will award more than a dozen oil exploration blocks in 2015 ending an eight year…

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South Sudan Borrows $200 Million to operate oil fields

[twitter-follow screen_name=’oilnewskenya’] The Government of South Sudan is reported to have acquired $200 million from oil companies inside its territory…

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Key features of the current Kenyan model of production sharing contract

[twitter-follow screen_name=’oilnewskenya’] Source: Deloitteblog Negotiation of an initial exploration period with the possibility to extend this twice. An agreed percentage…

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Soco to complete seismic in Controversial DRC’s Virunga Park by June

Soco international will complete the ongoing lake bed seismic survey on Lake Edward on Block V by the end of…