Uganda Oil Levels Rise By 3 Billion Barrels

Posted on :Tuesday , 2nd September 2014

 Kampala — Uganda's oil and gas resource deposits have risen from 3.5 billion barrels to 6.5 billion barrels writes BAZ WAISWA.

Kenya:Tax capital gains only after discovery, says oil, gas industry

Posted on :Monday , 1st September 2014

 A Swedish investor wants to test Kisumu’s real estate appetite with Sh48-million villas. Fred Andersson, owner of Coromandele Investment Ltd is putting up 30 villas priced at Sh38.5million and Sh48.5million at Riat Hills, 3km from Kisumu International Airport.He said each unit would comprise four bedrooms all ensuite, walk-in in closet, expansive roof terrace with external Jacuzzi, . . .

Oil explorer Afren seeks clearance ahead of Wajir drilling

Posted on :Monday , 1st September 2014

 London Stock Exchange-listed oil explorer Afren Plc has filed environmental disclosures ahead of drilling exploratory wells in Mandera and Wajir in the coming months. Afren’s drilling will be in Bur Wein area in El Wak, Mandera County and at Konton in Wajir County, both falling in Block-1 of the Mandera Basin.The company whose top officials were last week suspended over making illeg. . .

Uganda s crude oil reserves estimates nearly double in new adjustment

Posted on :Saturday , 30th August 2014

 Uganda’s petroleum exploration and production department has put its estimated crude oil reserves at 6.5 billion barrels from the previous 3.5 billion barrels.

Oil & Gas Basin Opens in Kenya

Posted on :Friday , 29th August 2014

 Murmurs that Kenya is about to become a major petroleum province have now reached a dull roar.

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