By Mbatau wa Ngai The expected refining of Kenya’s crude oil at Kenya Oil Refineries is a game changer for several reasons. First, the fact that Yoweri Museveni Government has until now been unable to persuade the UK-based oil and gas exploration company, Tullow Oil, to build a refinery in Uganda might leave the country
Reports indicate Kenya Earned Over 500 Million in Revenues from Oil Exploration in 2015
Documents from the office of Kenya Auditor-General show that the country has earned Sh503.2 million from oil exploration works by foreign firms local media reported. According to Business Daily Africa, a total of Sh503,260,733 was collected last year as revenue from exploration. Petroleum Cabinet Secretary Andrew Kamau said “The cash (Sh503 million) came from surface
Kenya to auction inaugural ‘Oil Exploration Licenses’ in 2017
Kenya is planning to hold first oil exploration licencing in 2017, Uganda Oil has learnt. The National Oil Corporation of Kenya (NOCK) has invited bids from contractors to gather comprehensive data on several shallow blocks off Lamu to help attract exploration firms ahead of the anticipated auction of exploration rights. “The multi-client surveys and studies