Africa's Oil, Gas and Energy News.
[twitter-follow screen_name=’oilnewskenya’] The discovery in the Piri prospect is Statoil and co-venturer ExxonMobil’s sixth discovery and the fifth high-impact discovery in Block 2 offshore Tanzania. The discovery of an additional … Read More
Kenya’s move to replace withholding tax with income tax on assignment of rights targeting the extractive industry has received praise from tax experts who say this move will encourage farm-outs … Read More
Igor Sechin, President and Chairman of the Management Board, Rosneft, Nelson Ocuane, President, Empresa Nacional Hidrocarbonetos De Moçambique (Mozambique National Oil Company, ENH) and Paulino Gregório, Director, ENH signed a … Read More
Shell and China National Offshore Oil Corporation (CNOOC) have announced the signing of a Global Strategic Alliance Agreement that reconfirms both parties’ commitment to the existing strategic partnership in China … Read More
Australian explorer which has a 60 percent equity position and operates block L6 and a 30% equity position in the L9 block in Lamu may be looking into reducing their … Read More
Pancontinental Oil and Gas has announced that after lengthy analysis, it has been verified that the recently completed Sunbird-1 well off the southern Kenyan coast has intersected an oil column … Read More
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Swala oil and gas Tanzania will establish a trust fund that will be used to collect proceeds from sales in oil and gas for communities in areas where extraction is … Read More
Chevron Corporation has announced that its subsidiary, Chevron Global Energy Inc., has sold its 25 percent non-operated interest in a producing oil concession in southern Chad and the related export pipeline … Read More
Statement from WWF WWF celebrates a major victory in protecting Virunga National Park today. Soco International PLC, the London-based multinational oil company, announced that it would end controversial oil exploration … Read More
