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 this quarter according to the latest update by the company. … Read More
Category: Oil Politics
As an investor learn the politics in areas you would like to inject resources into
Mining Bill 2014 violates human rights, encourages corruption – Lobby Groups
Civil society groups in Kenya have raised a red flag on the proposed Mining Bill 2014 which they say will lead to compulsory acquisitions of land from communities in mining … Read More
Did Kenya award Angote 7 Oil Blocks?
Kenya has given Nigerian Mogul Aliko Angote seven oil blocks in the country according to reports from Nigeria’s PM News citing Kiprono Kittony, the Chairman of the Nigeria-Kenya Chamber of … Read More
Fossil Fuel Subsidies Hamper Pathway to Inclusive Green Economy – UNEP
Fossil fuel subsidies are contributing to fiscal instability and undermining governments’ efforts to combat serious economic and environmental challenges, such as climate change, and the transition to an inclusive green … Read More
Ophir Energy confirms it approached Premier Oil for merger
The Ophir Energy board has released a statement confirming that it recently made an approach to the board of Premier Oil with the aim of merging the two companies. According … Read More
Report claims human right abuses in East Africa ahead of Oil,Gas production
In the paper dubbed Steep Rise in Allegations of Human Rights Abuse as Boom in Investment Brings Hope of Prosperity – Business and Human Rights in Eastern Africa: A Regional … Read More
Soco set to begin seismic testing in controversial Congo’s Virunga Park
Soco International will start seismic tests in the Democratic Republic of Congo’s Lake Edward amid widespread protests by environmentalists who are against exploration at the Virunga park home to the … Read More
South Sudan rebels order foreign oil firms to leave
[twitter-follow screen_name=’oilnewskenya’] Story by Reuters South Sudanese rebels said on Tuesday they have seized the capital of oil-producing Unity state, Bentiu, and warned oil firms to pack up and leave … Read More
Kenya’s National Oil Company suspends oil exploration in Block 14T
Oil exploration exercises in Block 14T in Kajiado County which borders Kenya’s capital city Nairobi have been suspended after the county government accused national oil of not involving the local … Read More
Mozambique shows no opposition to Eni’s block sale
The President of the Republic of Mozambique, Armando Guebuza, and Eni’s CEO, Paolo Scaroni, yesterday met in Bruxelles for an update on Eni’s activities and projects in the country During … Read More