Africa's Oil, Gas and Energy News.
By NJ Ayuk, Executive Chairman, African Energy Chamber In late 2019, as the African oil and gas industry was looking to the future with optimism, Offshore Engineer wrote that the … Read More
Tullow Oil plc has announced that the Government of Uganda and the Ugandan Revenue Authority have executed a binding Tax Agreement that reflects the pre-agreed principles on the tax treatment … Read More
Africa Oil Corp. has been ordered to pay $22 million in regards to its appeal process to Kenya Tax Appeals Tribunal related to Kenya Revenue Authority’s corporate income tax and … Read More
Guest Post By John Chacha It was my first international audit assignment in what looked like a very complex environment. I didn’t know the weight of the task that waited … Read More
Kenya is currently the second leading East African country with estimated 750 million barrels in only two blocks that is 13T and 10B in Lokichar Basin,South Turkana; after Uganda’s recoverable … Read More
Zu-Lais Oil & Gas Logistics and Consultancy Co. Ltd (Zu-Lais) was founded as a one stop for companies in the exploration & production environment in Oil & Gas, Renewable Energy … Read More
Wood Mackenzie asserts that the oil price crash has accelerated the need for fiscal adjustments, as Sub Sahara African governments prepare to weather significant reductions in vital tax revenue. With … Read More
A tax row that has ensued between oil explorer Tullow Oil and the government of Uganda and the Uganda Revenue Authority in regards to two farm downs to China’s CNOOC … Read More
[twitter-follow screen_name=’oilnewskenya’] Tax experts Deloitte East Africa have expressed fear that the unclear tax policy position on farm down transactions may be a draw back with the potential to derail … Read More
