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

East African oil wells among explorations to watch out for in 2014

The fact that a 40% drilling success rate marks out 2013 as one of BP’s best years for exploration in decades reflects the kind of glass-half-full attitude hardy oil investors must … Read More

Challenges Kenya, Uganda face in oil production

The East African region is now focus of the world as it joins the league of oil producing countries with over 1.6 billion barrels discovered in Uganda and Kenya with … Read More