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

Global oil exploration nears $1 trillion – where are the finds?

Original story by Reuters Two years ago Total’s chief Christophe de Margerie launched a “high risk, high reward” oil exploration strategy, betting he could hit a bonanza, even though his … Read More

Tanzania’s insurance sector pools resources as it targets oil and gas sector

Tanzanian insurance companies have grouped to create an oil and gas insurance pool that will enable the companies to support claims in the sector. The pool according to the players … Read More

3rd East Africa Oil & Gas Summit & Exhibition set for Nairobi in October

The 3rd East Africa Oil and Gas Summit and Exhibition EAOGS is taking place on the 15-17 October in Nairobi at the Kenyatta International Convention Centre in Nairobi. EAOGS was … 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

Bowleven’s oil exploration survey in Kenya’s Block 11B encouraging

Bowleven plc an independent exploration and development company with interest in Kenya and Cameroon has announced that it a survey carried over block 11B shows positive signs. A communication from … Read More