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CEPSA Withdraws From Kenya’s Block 11A

CEPSA Kenya Limited, an affiliate of Compañía Española de Petróleos, S.A.U. has withdrawn from Block 11A months after the unsuccessful drilling of Tarach 1 well OilNews Kenya has learnt. Confirming … Read More

ERHC Reports Oil & Gas Shows At Kenya’s Tarach-1 Well

American explorer ERHC has said it encountered significant oil shows and highly-elevated gas readings at the Tarach-1 well located in Block 11A indicating the presence of a working petroleum system … Read More

Tarach-1 well in Kenya’s Block 11A cost CEPSA, ERHC over $25M

The Tarach-1 well which commenced drilling on April 14th 2016 in Block 11A could have cost the two joint venture partners Compania Espanola de Petroleos (CEPSA) operator* and ERHC over … Read More

New U.S. Securities and Exchange Commission (SEC) Rules To Improve Transparency, Accountability – KCSPOG

The Kenya Civil Society Platform on Oil and Gas (KCSPOG) has welcomed the adoption of the new rules for resource extraction companies by the U.S. Securities and Exchange Commission (SEC) … Read More

Majority of Petroleum Rights Holding Companies in Kenya Incorporated in Tax Havens

A report by Oxfam dubbed The Use of Tax Havens in the Ownership of Kenyan Petroleum Rights shows that all but five companies that hold petroleum exploration rights have at … Read More

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