Tullow Oil pioneers in publishing extractive industry transparency report

[twitter-follow screen_name=’oilnewskenya’] In 2012, Tullow generated sales revenue of $2.3 billion. Governments received $573 million in taxes, royalties and other payments and over three million barrels of oil in relation … Read More

COFEK question National Oil, Western Geco contract to store Kenya Oil Data

As posted by the consumer federation of Kenya on their website In the MOU between NOCK and Western Geco Section 2-2.2 NOCK has granted Western Geco exclusive rights to acquire … Read More

East African lawyers attend training in negotiation and transaction agreements in Oil & Gas sector

Experts have warned that the lack of skills when negotiating transactions and drafting agreements with international oil companies in relation to the extractive industry could cost east African countries leaving … Read More

Uganda refutes delaying oil production

Uganda has said it is only taking the necessary precautionary measures to get out the best from the Uganda’s oil industry but not intentionally delaying production as alleged by Tullow … Read More