Tullow Oil denies oil discovery reports in Ethiopia
British explorer that is carrying works in the South Omo zone has denied reports by US based website Energy and Capital that it had discovered oil in the zone. Tullow … Read More
East Africa lacks extractive industry taxation capacity
Article courtesy of OxfamAmerica Dr. Prosper Ngowi Dr. Prosper Ngowi, an economics professor from Tanzania, said that Tanzania has lost a lot of revenue from the gold sector because of … Read More
ERC issues marketing firms guidelines
New guidelines by the energy regulatory authority that came into force this month has capped the volumes and number of retail outlets each marketing firm. Marketing firms starting this month … Read More
Taipan Resources: Hunting Elephants in Kenya
Story by MarketWatch The East African Rift Basin system is one of the last of the great rift basins to be explored. It was only in 2012 that Tullow and … Read More
East Africa next investment attraction exploration and production companies
[twitter-follow screen_name=’oilnewskenya’] 3 East African countries Kenya, Mozambique and Tanzania are set to be the next attraction for the exploration and production companies following recent mineral finds and infrastructure projects. … Read More
Nock, Shell among Oil marketers’ guilty of mixing products
Major oil companies including government owned National Oil Corporation (Nock) are among 16 rogue marketers penalized by the energy regulatory commission. The other major oil companies include multinational oil giant … Read More
Scottish firms eye East African Oil and Gas sector
[twitter-follow screen_name=’oilnewskenya’] 15 firms have visited Kenya on a fact finding mission oh how the region is prepared for the oil and gas boom and to discover opportunities in the … Read More
Infrastructure projects Uganda must undertake for quick oil production
[twitter-follow screen_name=’oilnewskenya’] Amid accusations from British explorer firm Tullow Oil that Uganda was dragging its feet in relation to becoming an oil producer the government is said to be pulling … Read More
CEPSA and Milio international receive exploration licenses in Kenya
[twitter-follow screen_name=’oilnewskenya’] The ministry of energy and petroleum has licensed Compania Espanola de Petroleos (CEPSA) and Milio international of Dubai to explore for crude oil and gas in north western … Read More
