Vivo Energy, Airtel Money sign Pan African partnership agreement

Vivo Energy,the company that distributes and markets Shell-branded fuels and lubricantsin 16 African markets, and Airtel Money today announced a collaborative Pan African agreement to strengthen both companies’ footprint in … Read More

Tullow Oil pioneers in publishing extractive industry transparency report

[twitter-follow screen_name=’oilnewskenya’] In 2012, Tullow generated sales revenue of $2.3 billion. Governments received $573 million in taxes, royalties and other payments and over three million barrels of oil in relation … Read More

Africa Oil reduces well drilling time in Kenya as costs increase

[twitter-follow screen_name=’oilnewskenya’] Africa oil will in 2014 shift to synthetic based muds in well drilling in Kenya as the company drives at cutting down well drilling durations. The synthetic based … Read More

Nestlé expects ‘major growth’ in Kenya when oil starts flowing

Story by HowWeMadeitinAfrica Swiss food and beverage multinational Nestlé is expecting “major growth” in the Kenyan market in five years when recent discoveries of oil begin to flow. Nestlé Kenya … 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

Mobilizing Finance for Energy Development in Africa

[twitter-follow screen_name=’oilnewskenya’] Story by Oil Council Many economies on the African continent are undergoing a transformative expansion. Recent oil and gas discoveries, along with improvements in transparency and governance, have … Read More