US-Africa Summit Presents New Opportunity to Africa Businesses

[twitter-follow screen_name=’oilnewskenya’] Starting next month the Africa business community will be granted a huge opportunity to tap into the United States economy in the first ever Africa Summit in the … Read More

World Bank board approves $50m to strengthen Kenya’s capacity in oil and gas industry

[twitter-follow screen_name=’oilnewskenya’] The World Bank’s Board of Executive Directors has approved US$50 million for the Government of Kenya to strengthen its capacity to manage the oil and gas sector and the … Read More

Swala Energy IPO in Tanzania oversubscribed

[twitter-follow screen_name=’oilnewskenya’] Swala Energy Limited has provided an update of the Initial Public Offer (IPO) of is Tanzanian subsidiary Swala Oil & Gas (Tanzania) Plc that is in the process … Read More

London’s Court of Appeal rules in favor of Tullow Oil in Uganda’s capital gains tax case

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil plc has announced that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour in the proceedings against Heritage Oil and Gas Ltd and … Read More

Infrastructure, regulatory uncertainty and corruption remain hurdles in Africa’s oil & gas sector – PwC Review

[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

How Can Ugandans Benefit from an Oil Windfall? Policy Options to Manage Petroleum Revenues

[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