Posted in Top News

Price Volatility presents chance for new growth strategies – KPMG Outlook

A new global outlook on energy by KPMG Global Energy Institute ‘Global CEO Outlook – Energy perspective’ has shown that most energy…

Posted in Top News

Atlas Development Shuts Loss Making Kenyan Subsidiary

Atlas Development & Support Services Limited has announced the decision to place its loss making Kenyan subsidiaries into liquidation by…

Posted in Top News

New petroleum producers survey policy options in wake of oil price slump

Countries seeking to develop newly-discovered petroleum resources are facing a fall in global oil prices, with competition from the ‘shale…

Posted in Top News

East African countries could lose out on low oil prices – Deloitte

East African countries are unlikely to significantly benefit from falling global oil prices due to inadequate storage facilities, a new…

Posted in Top News

Statoil confirms Eldar Sætre as CEO

[twitter-follow screen_name=’oilnewskenya’] Statoil has confirmed the appointment of Eldar Sætre  as new CEO after four months  as acting as president…

Posted in Top News

Thousands of oil industry jobs at stake as companies reduce costs

[twitter-follow screen_name=’oilnewskenya’] Keeping a job in the upstream sector of the global oil and gas industry is seemingly becoming harder…

Posted in Oil Politics Top News

How Can Ugandans Benefit from an Oil Windfall? Policy Options to Manage Petroleum Revenues

[twitter-follow screen_name=’oilnewskenya’] Courtesy of resourcegovernance.org Uganda is on the path to becoming a significant oil producer in the next decade, with production…

Posted in News by others

Global oil exploration nears $1 trillion – where are the finds?

Original story by Reuters Two years ago Total’s chief Christophe de Margerie launched a “high risk, high reward” oil exploration…

Posted in Prices

Pump prices in Kenya January 15th to February 14, 2014

Town Super Diesel Kerosene Regular Bomet 113.15 107.5 87.75 108.03 Bondo 112.73 107.08 87.15 107.58 Bungoma 113.14 107.49 87.62 108.01…