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

Kenya awaits World Bank board approval of Kshs.4 billion for multi-agency training

[twitter-follow screen_name=’oilnewskenya’] Kenya is awaiting the approval of $50 million dispatchment as part of the Kenya Petroleum Technical Assistance Project (KEPTAP) that targets to train government agencies including the energy … Read More

Eni signs cooperation agreement with Republic of Congo

[twitter-follow screen_name=’oilnewskenya’] The Congolese Minister of hydrocarbons, André Raphael Loemba, and Eni CEO, Claudio Descalzi, in the presence of President of Congo Dennis Sassou Nguesso and the Italian Prime Minister, … Read More

Swala Energy to sink exploratory well in Nyanza Kenya in 2015

[twitter-follow screen_name=’oilnewskenya’] Swala Energy has announced it will be drilling its first exploratory well in Kenya’s block 12B in 2015. The company says the decision follows positive data from the … Read More

Somaliland oil explorations delayed as companies await Oil Protection Unit

[twitter-follow screen_name=’oilnewskenya’] Sterling energy which has operations in the Odewayne block has said it has halted its operations in the horn of African country until the country establishes an oil … Read More

Somali government Mubadala Petroleum sign partnership agreement

[twitter-follow screen_name=’oilnewskenya’] Mubadala Petroleum a subsidiary of Abu Dhabi’s Mubadala Development Company has signed a cooperation agreement with the Ministry of Petroleum and Mineral Resources of the Federal Republic of … Read More

Tullow Oil to challenge the Tax Appeals Tribunal ruling in Uganda

Tullow Oil plc has announced that its subsidiaries operating in Uganda have received a ruling from the Tax Appeals Tribunal (TAT) in Uganda relating to Capital Gains Tax (CGT). The … Read More

Ugandan journalists to get Oil and gas training

Bloggers, alternative media producers, online journalists, TV/radio producers will in August receive training on oil and gas from various experts including the petroleum exploration and production department (PEPD), oil companies, … Read More

Orca Exploration Group in talks with third parties regarding potential sale or significant transaction

Orca Exploration Group which has its operations in Tanzania and Italy has advised that the Company is in discussions with a number of third parties which have made unsolicited approaches … Read More