Kenya Oil and Gas (upstream) sector fact file – shortened

Source: Ministry of Energy and Petroleum 1950-1992:  30 wells drilled by international oil companies in Kenya’s sedimentary basins. Two more wells drilled in the period stretching to 2010. None of … Read More

Maximum Fuel Prices 15th May – 14th June 2015

Source: Energy Regulatory Commission The average landed cost of imported Diesel increased by 2.68% from US$ 566.29 per ton in March 2015 to US$ 581.49 per ton in April 2015. … Read More

Erin Energy appoints Christopher J. Hearne Senior VP and CFO

Sub-Sahara Africa focused oil and gas exploration company Erin Energy Corporation  has appointed Christopher J. Hearne as Senior Vice President and CFO beginning June 1, 2015. Earl McNiel , the Company’s current CFO, will … Read More

Local Content Legislation Must Tackle Challenges Facing Local Players

As the Kenyan government gears on the formulation of a local content legislation that will ensure the participation of indigenous companies in the oil and gas sector experts say for … Read More

Africa Oil Receives US$100 Million To Finance Appraisal And Development Work Program In East Africa.

Africa Oil has announced that it has entered into an investment agreement with Stampede Natural Resources S.a.r.l. an entity owned by a fund advised by Africa-focused investment firm Helios Investment … Read More

Tullow Oil, Africa Oil strike more oil in Kenya’s Blocks 10BB and 13T

The Ngamia field continued to register positive results with the Ngamia 7 appraisal well which was drilled to test the Ngamia oil field’s eastern flank encountering up to 130 metres … Read More