MAXIMUM RETAIL PUMP PRICES OF PETROLEUM (KENYA) 15TH AUGUST – 14TH SEPTEMBER 2015
Africa Oil exploration expenditures in Kenya drop to $146.2 million in 2015
Canadian exploration company Africa Oil says it incurred $146.2 million of intangible exploration expenditures in Kenya for the six months ended June 30, 2015 a drop from $169.5 million in … Read More
Wentworth Resources reports $4.5 million loss as Mnazi Bay Development Continues
Wentworth Resources has reported a $4.5 million loss for the six months ended in June 30th 2015 as second quarter exploration dropped and development capital expenditures increased significantly to $2.31 … Read More
Global Witness cautions on four shortlisted firms in Uganda’s first licensing round
Transparency body Global Witness while lauding the first licensing round as an step forward for transparency in the country has cautioned on four shortlisted companies which it says have a … Read More
Uganda Government Shortlists 16 firms in First Petroleum Licensing Round
The government of Uganda has announced that it has concluded the evaluation of Applications for Qualification from the 17 firms that submitted the Applications following a successful First Licensing Round … Read More
Erin Energy seeks term extension on four blocks in Kenya
Erin Energy formerly CAMAC Energy has said it has met with the Kenyan government and submitted the required applications to enter the First Additional Exploration Period (FAEP) of both onshore blocks L1B … Read More
Kenya, Uganda agree on crude oil pipeline route
The governments of Kenya and Uganda have announced that they have agreed on the route to be taken by the crude oil pipeline that will transport oil from the Albertine … Read More
Uganda National Oil Company (NOC) Incorporated
Government of Uganda has concluded the process of incorporating the Uganda National Oil Company Limited which was registered at the end of June 2015 is now a legal entity. This … Read More
Swala Energy gets Ministerial Consent for Tanzania Farm-Outs
Swala Energy Limited has reported that its subsidiary company Swala Oil and Gas (Tanzania) Plc has received a no objection notice from the Tanzanian Ministry of Energy and Mines to … Read More
African oil & gas organisations plan for an upturn in the oil price: PwC survey
Overall, activity in the oil & gas industry across the African continent has slowed in the wake of the declining oil price in late 2014. “While the oil price has … Read More