Maximum Retail Prices for Petroleum Kenya June 15 to July 14, 2014
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Tag: Kenya
Kenya positions itself for the oil transportation business
Following recent major discoveries of oil in the East Africa region Kenya is already positioning itself as an important player in the oil transportation business. The country is investing in … Read More
Nairobi gets its first oil industry dedicated office building
Global oil companies in Kenya can now share an office block following the launch of the Nexgen Petro center by the principal secretary for energy yesterday. The Petro Center developed … Read More
East African crude oil pipeline construction an ‘emergency project’
The Kenyan government has announced that the construction of its 800km pipeline part of the 1300 kilometer Uganda-Kenya pipeline will be classified as an emergency project. The entire pipeline which … Read More
Smaller firms will lead East Africa’s oil and gas development
Source: Reuters Smaller oil explorers willing to take financial and operational risks will lead the development of East Africa’s oil and gas industry as majors ditch riskier projects as margins … Read More
Far to raise KES 700 million for offshore Kenya exploration
Australian explorer FAR Ltd has announced an equity raising placement which is expected to raise $8 million before expenses. The placement is being undertaken to fund further exploration in offshore … Read More
East Africa’s oil pipeline consultant bid to be advertised by July
The Kenya, Uganda, South Sudan oil pipeline consultancy bid advertisement is expected to be out in the next two to three weeks according to Kenya’s ministry of energy. The pipeline … Read More
Vivo Energy Kenya Launches Shell Motorbike Lubricants
Vivo Energy Kenya, the company that distributes and markets Shell branded fuels and lubricants, has launched Shell Advance, a new range of motorbike lubricants targeting over 700,000* motorbikes in Kenya. The industry has … Read More
Tower Resources completes farm-in to Block 2B, Kenya
Oil and gas exploration company, Tower Resources plc has announced the completion of its farm-in to Block 2B, onshore Kenya. The company agreed to acquire a 15% interest in Block … Read More
Key features of the current Kenyan model of production sharing contract
[twitter-follow screen_name=’oilnewskenya’] Source: Deloitteblog Negotiation of an initial exploration period with the possibility to extend this twice. An agreed percentage of the contract area is to be surrendered at the … Read More