Oil deepens rifts in East Africa
Story by The National In recent years, oil and gas discoveries have established east Africa as one of the world’s most promising frontiers. While the full scale of natural resources … Read More
Tag: Kenya
New oil, gas finds: Is East Africa ready for sovereign wealth funds?
Story by The EastAfrican:- Sovereign wealth funds are fast becoming the “must-have” for any natural resource-exporting country, and for any country hoping to commercialise reserves of oil, gas or minerals … Read More
UAE’s Hayaat buys shares in Swala Energy
[twitter-follow screen_name=’oilnewskenya’] Story by The National Hayaat Group, an Abu Dhabi-based investor, has bought a minority stake in an East African oil explorer for A$3.3 million (Dh10.8m). It acquired a … Read More
Challenges Kenya, Uganda face in oil production
The East African region is now focus of the world as it joins the league of oil producing countries with over 1.6 billion barrels discovered in Uganda and Kenya with … Read More
$4bn Uganda to Kenya pipeline key to unlocking reserves
[twitter-follow screen_name=’oilnewskenya’] Wood Mackenzie’s latest upstream analysis asserts that the proposed 1,400 kilometre (km) pipeline, from central Uganda to Lamu on Kenya’s east coast, is vital in order to realise … Read More
Government suspends all land deals in Kenya’s oil rich region
[twitter-follow screen_name=’oilnewskenya’] All land transactions in the Kerio Valley region where oil exploration is ongoing in Kenya have been suspended till the country’s land commission comes into office. According to … Read More
Kenya seeks over 470,000 T oil products for January-February 2013
Kenya’s oil importers are seeking over 470,000 tonnes of oil products for delivery over January to February, slightly lower than its previous purchases for November to January, industry sources said on Monday.
Civicon Kenya secures Tullow Oil contract for roads and airstrips in Turkana
[twitter-follow screen_name=’oilnewskenya’]Story by Kenya Broadcasting Corporation – Civicon Engineering Company (part of TransCentury group) has signed a two year deal with British Oil Company Tullow Oil mandated to explore oil … Read More
Swala Energy reports optimism in its Tanzania exploration
[twitter-follow screen_name=’oilnewskenya’] Australian owned Swala Energy Limited has announced that RISC Operations Pty Ltd an independent petroleum advisory firm, have completed their review of the resource potential of the Kito … Read More
Tullow Oil’s international scholarship awards to boost mining sector
10 scholars from Kenya have received the Tullow Group Scholarships and are already in the process of selecting their universities of choice in the UK for further studies. The Tullow … Read More