Posted in Top News

Benefits of Strict Internal Control and Compliance Measures in Oil and Gas

Guest Post By John Chacha It was my first international audit assignment in what looked like a very complex environment….

Posted in Top News

With a History of Tax Disputes in Oil & Gas Industry: Shall Kenya be an Exception to Explorers?

Kenya is currently the second leading East African country with estimated 750 million barrels in only two blocks that is…

Posted in Top News

SPONSORED: New Entrant Zu-Lais A One Stop Shop for Kenya’s Upstream Sector

Zu-Lais Oil & Gas Logistics and Consultancy Co. Ltd (Zu-Lais) was founded as a one stop for companies in the…

Posted in Prices

Maximum Retail Petroleum Pump Prices (Kenya) 15th September – 14th October 2016

 

Posted in Top News

Fiscal revisions may unlock Sub-Sahara Africa’s 48 billion barrels of discovered oil

Wood Mackenzie asserts that the oil price crash has accelerated the need for fiscal adjustments, as Sub Sahara African governments…

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 Top News

Experts call for clear tax policies on farm down transactions in Kenya

[twitter-follow screen_name=’oilnewskenya’] Tax experts Deloitte East Africa have expressed fear that the unclear tax policy position on farm down transactions…

Posted in Top News

Change in Kenya tax laws good for extractive sector

Kenya’s move to replace withholding tax with income tax on assignment of rights targeting the extractive industry has received praise…

Posted in New Discoveries Oil Politics Top News

East Africa lacks extractive industry taxation capacity

Article courtesy of OxfamAmerica Dr. Prosper Ngowi Dr. Prosper Ngowi, an economics professor from Tanzania, said that Tanzania has lost…