Uganda needs $8-12 billion for oil production – Tullow Oil

[twitter-follow screen_name=’oilnewskenya’] Uganda will require fiscal terms that offer the right incentives to invest capital and take up front risks if it is to realize the vast amounts of capital … Read More

OPINION: Tullow discloses payments but Kenya Energy bill falls short of making mandatory disclosures

By: Kenya Civil Society Platform on Oil and Gas In a move internationally hailed as pioneering Tullow Oil has released its annual report including reporting at a project level. Tullow … Read More

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

Africa Oil reduces well drilling time in Kenya as costs increase

[twitter-follow screen_name=’oilnewskenya’] Africa oil will in 2014 shift to synthetic based muds in well drilling in Kenya as the company drives at cutting down well drilling durations. The synthetic based … 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