Uganda signs deal to enable refinery and pipeline construction
Uganda can now kick start the building of a refinery after the government and three oil companies that have struck oil in the country signed a memorandum of understanding at … Read More
Uganda to sign memo with oil firms over production-ministry
Source: Reuters Uganda will sign a memorandum of understanding on Thursday with Britain’s Tullow Oil, France’s Total and China’s CNOOC, an Energy Ministry spokesman said, in a vital step towards … Read More
Exor Petroleum forms new company with Mozambique oil giant
Exor Petroleum, one of the country’s pioneering indigenous oil companies, has formed a joint venture company, PetromocExor,with Mozambiqueoil giant Petroleos de Mocambique (Petromoc). The joint venture between Exor and Petromoc, … Read More
PWC – Existing energy companies must become agile to withstand new competition
With growing interest and investment from India, China and international oil companies operating in Africa, there has been increased competition for exploration acreage in recent years. As some of the … Read More
Vanoil Provides Update on License Renewals in Kenya
“Vanoil Energy a Vancouver-based Canadian international oil and gas development company has confirmed ongoing discussions with the Kenyan Government with regard to its license renewals in Kenya.These talks are now … Read More
Taipan announces update on 220 million barrel Kenyan prospect
Taipan Resources Inc. has announced that BGP has commenced the acquisition of further 2D seismic data on Block 2B, onshore Kenya. The data acquired will be used to finalize the … Read More
Solo Oil announces Addendum to the Ruvuma PSA, Tanzania
[twitter-follow screen_name=’oilnewskenya’] Solo has announced that an Addendum to the Ruvuma Production Sharing Agreement has been signed with the Minister of Energy and Mines for the Ruvuma onshore Petroleum Sharing Agreement (“PSA”) … Read More
Tullow Oil to educate 100 Africans on Oil and Gas
[twitter-follow screen_name=’oilnewskenya’] Tullow Oil has announced that it is now receiving scholarship applications from interested students in the oil and gas sectors in seven African countries it operates. Among countries … Read More
Uganda Announces Deal With Foreign Oil Companies
[twitter-follow screen_name=’oilnewskenya’] Story by CommodityHQ The government of Uganda is ready to develop its oil sector, but says it prefers to ramp up production slowly. n recent years, investors have … Read More
Licensing of Kenyan oil exploration blocks frozen
The ministry of energy has stopped all licensing of oil exploration blocks in Kenya until the government puts in place the Energy Act. According to energy principal secretary Joseph Njoroge … Read More