With a History of Tax Disputes in Oil & Gas Industry: Shall Kenya be an Exception to Explorers?

Kenya is currently the second leading East African country with estimated 750 million barrels in only two blocks that is 13T and 10B in Lokichar Basin,South Turkana; after Uganda’s recoverable … Read More

16th Africa Independents Forum Set For London in May

As one of the foremost events on the international Oil and Gas calendar, the 16th Africa Independents Forum, which will take place on 24th and 25th May in London, brings … Read More

Uganda awarded Officials, Lawyers $1.65M After winning Heritage Oil Tax Dispute

A new expose by Ugandan Daily Chimp Reports newspaper has revealed that 39 government officials were awarded cash bonanzas equaling Ush6 billion (equivalent $1.65M) after winning the protracted Heritage/Tullow oil Capital … Read More

Tullow Oil Agrees To Pay Uganda Government $108 million To End Tax Dispute

A tax row that has ensued between oil explorer Tullow Oil and the government of Uganda and the Uganda Revenue Authority in regards to two farm downs to China’s CNOOC … Read More

London’s Court of Appeal rules in favor of Tullow Oil in Uganda’s capital gains tax case

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil plc has announced that Tullow Uganda Limited, its Ugandan subsidiary, has received judgment in its favour in the proceedings against Heritage Oil and Gas Ltd and … Read More

East African lawyers attend training in negotiation and transaction agreements in Oil & Gas sector

Experts have warned that the lack of skills when negotiating transactions and drafting agreements with international oil companies in relation to the extractive industry could cost east African countries leaving … Read More

Heritage relinquishes Northern block license in favour of the South in Tanzania

Heritage Oil has relinquished  its  Rukwa North license in Tanzania in favour of the neighbouring  Rukwa South licence which had showed better prospectivity after an analysis of the initial seismic data. … 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