Kenyan Opposition Rejects Vote Results Showing Incumbent Winning – August 9

SOURCE   Kenyan Opposition Rejects Vote Results Showing Incumbent Winning By Felix Njini August 9, 2017, 1:57 AM GMT+2 Kenya’s opposition alliance, National Super Alliance (NASA) presidential candidate, Raila Odinga prepares to cast his ballots on Aug. 8, in Nairobi.  Photographer: TONY KARUMBA/AFP via Getty Images Kenyan opposition candidate Raila Odinga rejected preliminary results of […]
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New Turkana crude finds will strengthen export assets value – May 30

SOURCE New Turkana crude finds will strengthen export assets value TUESDAY, MAY 30, 2017 17:31 A TULLOW OIL EXPLORATION RIG IN TURKANA. FILE PHOTO | NMG  The recent announcement by the oil investors in Turkana that a new oil discovery has been made at Emekuya-1 well in Block 13T and an earlier discovery in January […]
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We’re likely to see US, UK stamping presence in ‘petrodollar’ dynamics – May 19

SOURCE   We’re likely to see US, UK stamping presence in ‘petrodollar’ dynamics FRIDAY MAY 19 2017 The Ngamia-3 oil exploration site in Nakukulas, Turkana South. PHOTO | BILLY MUTAI | NATION MEDIA GROUP In Summary Even though China and India are Nairobi’s critical strategic trade partners on the international stage, we are likely to […]
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Africa Oil: Kenya Operations Update – April 26

SOURCE   NEWS RELEASES   Information posted is accurate at the time of posting, but may be superseded by subsequent press releases. Apr 26, 2017 Africa Oil: Kenya Operations Update View News Release in PDF Format VANCOUVER, BRITISH COLUMBIA–(Marketwired – April 26, 2017) - Africa Oil Corp. (TSX:AOI)(OMX:AOI) (“Africa Oil”, “AOC” or the “Company”) is pleased to […]
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Total tightens grip on oil market with Gapco buy (Note: East Africa) – March 30

SOURCE Total tightens grip on oil market with Gapco buy Mar. 30, 2017, 12:30 am By WEITERE MWITA @mwitamartin A man walks with jerricane full of diesel while cars a queuing for fuel at Gapco petrol station along Serani Road, Photo Norbert Allan French-owned oil and gas giant Total has completed the acquisition of Gulf Africa […]
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“Should You Participate In Tullow Oil’s Cash Call? A Review” – Seeking Alpha, Mach 24

Full article on Seeking Alpha where Africa Oil is mentioned can be found HERE. Summary Tullow Oil is an Africa-focused oil company which is finally able to benefit from several years of huge investments. To tackle its $5B net debt, an underwritten rights issue should raise $750M. Tullow is right at the sweet spot as […]
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Uganda says seeking $500 million loan from China for roads in oil area – March 22

SOURCE   UPDATE 1-Uganda says seeking $500 million loan from China for roads in oil area * Country targets crude production in 2020 * IMF says reliance on foreign credit “unworkable” * Uganda’s total external debt stood at $10.3 bln in May 2016 (Adds background on IMF concerns about Uganda’s reliance on foreign credit) By […]
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