Kenya’s Annual Receipts Could Reach $3 Billion Annually Once Oil Price Rebounds

A discussion paper dubbed “Potential Government Revenues from Turkana Oil” released in April 2016 estimate that annual receipts to the Government of Kenya could range from $800 million to as … Read More

Solo Oil Raises $1.1M to Fund Kiliwani North Development Licence Interest Increase

Solo Oil has announced that it has raised £800,000 (approx. $1.13M) gross proceeds in a Company sponsored placement to be deployed in the Company’s active investments in Tanzania. The proceeds according to Solo … Read More

Gas Production Commences at Tanzania’s Kiliwani North Gas Field

Operator at the the Kiliwani North Development Licence  Aminex has announced gas production from its Kiliwani North gas field’s Kiliwani North-1 well (‘KN-1’)  in Tanzania has commenced on schedule as had … Read More

Solo Oil Signs SPA to Increase Interest at Kiliwani North License

Solo Oil has announced that further to the agreements previously announced with Aminex plc to acquire a further interest in the Kiliwani North Development Licence (KNDL) the company has now executed … Read More

Swala Energy’s Kito Prospect on Schedule for Drilling in 3rd Quarter 2016

Swala Energy and Tata Petrodyne  have said all is set to drill at the Kilosa Kilombero license in Q3 2016 with the latest feasibility study showing the majority of roads … Read More

National Petroleum Data Management for Africa Set for Uganda in April

Uganda will host a workshop on managing national petroleum data organised by Norway, under the Oil for Development (OfD) Programme which is currently active in 8 countries in Africa including; … Read More

Tanzania’s Gas Demand To Outstrip Supply by 2018

Tanzania is expected to surpass its current supply in the next two years with the current demand being 80mmscf/d mainly from existing power plants as the country continues to experience … Read More

Highlights From The CSR Forum On Women In The Extractives

High Commissioner Canada to Kenya David Angell Canada leading country in extractives with its companies accounting approximately 31 percent of global exploration expenditure and 50 percent of capital raised globally … Read More