Uganda to name refinery operator in 3 months
Uganda will in July name the lead investor and operator for its planned refinery expected to have a maximum output of 40,000 barrels a day. According to Reuters the announcement … Read More
Tag: Tullow Oil
East African lawyers attend training in negotiation and transaction agreements in Oil & Gas sector
Experts have warned that the lack of skills when negotiating transactions and drafting agreements with international oil companies in relation to the extractive industry could cost east African countries leaving … Read More
Uganda refutes delaying oil production
Uganda has said it is only taking the necessary precautionary measures to get out the best from the Uganda’s oil industry but not intentionally delaying production as alleged by Tullow … Read More
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
Swala Energy farms out block 12B, secures funding for multi-well drilling program
Australian oil and gas company Swala Energy Limited has announced the signing of a binding farm-out agreement for a 25% working interest in Block 12B (Kenya) with an international integrated oil and … Read More
Will oil bring promise or peril to the communities of Turkana, Kenya?
Story by Oxfam America Oil companies and Kenyan civil society groups debate the future of the region. How does an oil company engage with communities effectively when these communities have … Read More
Tullow Oil denies oil discovery reports in Ethiopia
British explorer that is carrying works in the South Omo zone has denied reports by US based website Energy and Capital that it had discovered oil in the zone. Tullow … Read More
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 a lot of revenue from the gold sector because of … Read More
Taipan Resources: Hunting Elephants in Kenya
Story by MarketWatch The East African Rift Basin system is one of the last of the great rift basins to be explored. It was only in 2012 that Tullow and … 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