Tullow Oil awards a third of its global scholarships to Kenya

Tullow Oil has awarded 30 Kenyan post graduate students scholarships to various universities in the United Kingdom and Europe. The scholarships are part of the Tullow Group Scholarship Scheme that … Read More

Infrastructure spending to more than double to $9 trillion annually by 2025

Extraction spending in sub-Saharan Africa is projected to increase at 8% annually over the next decade. The bulk of spending is likely to take place in South Africa and Tanzania – PwC

Seychelles accepted as Extractive Industries Transparency Initiative Candidate

Seychelles has been accepted by the Extractive Industries Transparency Initiative (EITI) Board as a Candidate country to the EITI, the global transparency standard. Seychelles joins 45 other countries that have signed up to … Read More

Afren suspends CEO, COO over corruption allegations

[twitter-follow screen_name=’oilnewskenya’] Afren plc has announced that its Board has temporarily suspended the CEO, Osman Shahenshah and the COO, Shahid Ullah over corruption allegations. Afren says that the two have … Read More

Africa Oil, Tullow encounters no oil in Ethiopia’s Gardim-1 exploration well

Africa Oil Corp. has announced that the Gardim-1 exploration well, drilled on the eastern flank of the Chew Bahir Basin in the South Omo licence, onshore Ethiopia, has reached a … Read More