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Showing posts with label Africa Oil. Show all posts
Showing posts with label Africa Oil. Show all posts
Wednesday, 7 February 2018

Kenya goes alone with first oil targeting 2021 - plays catch-up with Uganda

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Kenya was left at the pipeline “altar” in 2016 when Uganda decided to export its crude via a Tanzanian pipeline instead. The years of wor...
Tuesday, 28 February 2017

Africa Oil - slowly progressing

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Africa Oil published its 2016 financials last night - the USD850 million company (market capitalisation) ended the year with cash-in-hand of...
Monday, 10 October 2016

Kenya First Oil

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On 9th October, a government spokesperson said that President Kenyatta had held meetings with the Lokichar Basin oil companies (Tull...
Wednesday, 3 June 2015

Lundin stops funding Africa Oil

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Africa Oil’s history dates back to 1983, when it was founded as Canmex Minerals with funding from the Lundin family. The company was of...
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Monday, 27 April 2015

Battle of the routes

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Significant resources have been discovered in East Africa with 1.7bnbbl lying in Uganda and 600mmbbl in Kenya. The key barrier to mo...
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