Posted in Top News

Uganda Lures DRC into the East Africa Crude Oil Project

The Uganda government is trying to interest the Democratic Republic of Congo to use the East Africa crude oil project…

Posted in Top News

Tullow Oil announces $900M farm down of Uganda assets to Total

A Sale and Purchase Agreement with an effective date of 1 January 2017 has been signed in which Tullow has agreed…

Posted in Oil Politics Top News

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…

Posted in New Discoveries Top News

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…

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Fleurette estimates 3 billion barrels of oil in DRC’s Blocks I & II

Oil of DRCongo, a subsidiary of the Fleurette Group’s oil exploration has announced that an interpretation of the recently processed…

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Tanzania: With Gas Already in Its Bag Tanzania’s Rift System Set to Become Next Oil Frontier

Original Story by Chaby Barasa for Tanzania daily News IF recent geological findings are anything to go by, the East African…

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Tullow Oil to drill another 35 wells in 24 months in East Africa

[twitter-follow screen_name=’oilnewskenya’] Tullow Oil is set to drill 35 wells by Q3 2016 in East Africa according to the recent…

Posted in Oil Politics Top News

Soco set to begin seismic testing in controversial Congo’s Virunga Park

Soco International will start seismic tests in the Democratic Republic of Congo’s Lake Edward amid widespread protests by environmentalists who…

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Uganda needs $8-12 billion for oil production – Tullow Oil

[twitter-follow screen_name=’oilnewskenya’] Uganda will require fiscal terms that offer the right incentives to invest capital and take up front risks…

Posted in Oil Politics Top News

Kenya to exploit oil before Uganda

[twitter-follow screen_name=’oilnewskenya’] Kenya will start oil production before its neighbour Uganda according to Tullow Oil discovered having announced its first…