Nestlé expects ‘major growth’ in Kenya when oil starts flowing

Story by HowWeMadeitinAfrica Swiss food and beverage multinational Nestlé is expecting “major growth” in the Kenyan market in five years when recent discoveries of oil begin to flow. Nestlé Kenya … Read More

Tanzania to Review Gas-Drilling Deals

All contracts held by oil and gas exploration companies in Tanzania will be reviewed at the end of the year as the country revamps laws regulating the sector that has … Read More

Scottish firms eye East African Oil and Gas sector

[twitter-follow screen_name=’oilnewskenya’] 15 firms have visited Kenya on a fact finding mission oh how the region is prepared for the oil and gas boom and to discover opportunities in the … Read More

International companies operating in Kenya and the oil blocks awarded

Source:Ministry of Energy and Petroleum Operator/Contractor Block No. Basin Name Afren/Lion 1 Mandera Afren/EAX L17/L18 Lamu Offshore Simba Petroleum 2A Mandera Lion Petroleum 2B Mandera Vanoil Resources 3A/3B Anza Africa … Read More

Tullow Oil loss of Kenya’s Block 10A adds to Kshs. 38.4 billion group profit dip

[twitter-follow screen_name=’oilnewskenya’] British explorer Tullow Oil which held the license to exploration Block 10 in Northern Kenya’s Marsabit county has booked a 6.8 billion shilling loss after losing the expired … Read More

Tullow Oil May Sell Part of Stake in Ugandan Oil Field

[twitter-follow screen_name=’oilnewskenya’] Story Wall Street Journal Africa-focused oil and gas explorer Tullow Oil PLC is considering selling part of its stake in a Ugandan oil field it is developing with … Read More