N e w s

Kenya plans to buyback a 20% interest in Turkana Oil

Kenya intends to repurchase up to 20 percent in the Turkana oil project in what could ultimately conclude whether the public authority supports the task's changed improvement plan and accessibility of assets. On 02 November 2023 Thursday, Energy and Petroleum Regulatory Authority (Epra) chief general Daniel Kiptoo said the public authority is yet to pursue a choice on whether to practice its back-in choice given by the creation sharing.... Read more »

Posted on : Friday , 10th November 2023

National Oil Renews Its Effort for Collaboration in the Magadi Basin's Oil and Gas Exploration

The Public Oil Enterprise of Kenya (NOC) has resuscitated the quest for an essential accomplice, to finance its oil and gas investigation in its Block 14T situated in the Lake Magadi Bowl. NOC last week moved to employ a specialist who will be accused of assisting the organization with bundling the information it has accumulated such a long ways about the oil block to tempt likely accomplices. The specialist will "support further.... Read more »

Posted on : Friday , 10th November 2023

Manufacturers Switch to Gas, Boost Profits.

At an estimated 57 trillion cubic feet of gas reserves both in the Indian Ocean and offshore, Tanzania holds east Africa largest gas deposits, with an annual production of 110 billion cubic feet from three fields: Songo Songo, Mnazi Bay, and Kiliwani. Currently the country annual natural gas production stands at 68.02 billion cubic feet as compared to 59.96 billion cubic feet recorded in the same period of 2021/22 which is equivalent to 13%.... Read more »

Posted on : Monday , 23rd October 2023

Tanzania Plans to Start the Fifth Round of Oil and Gas Licencing By June

Tanzania is hoping to officially launch the country's 5th oil and gas authorizing round by June and grant licenses to the victors by December of that very year, the chief general of its Petroleum Upstream Regulatory Authority (PURA) said on 5th October. "By the end of the first quarter of 2024 in the middle of between the first and second quarter we will launch the bidding round or the roadshow," said PURA chief general Charles Sangweni on.... Read more »

Posted on : Monday , 23rd October 2023

Rwanda Signs An Agreement For A Nuclear Test Reactor

Nuclear research and development organization the Rwanda Atomic Energy Board (RAEB) has inked a deal with Canadian-German nuclear technology firm Dual Fluid for the development of a nuclear reactor pilot project in the East African country. The reactor is expected to be operational by year 2026 and will use a nuclear fusion prototype comprising 1 liquid fuel and 1 lead coolant of circulating fluids to produce low-cost energy. First testing.... Read more »

Posted on : Tuesday , 26th September 2023

See the $1.1 Billion Project That Will Transform the Markets of Kenya and Tanzania

The sale to readapt the now-defunct state-owned Kenya Petroleum Refineries Ltd (KPRL) was finalized by Kenya, clearing the way for a gas pipeline to run from Dar es Salaam to Mombasa. The feasibility assessment has been finished, according to Davis Chirchir, the Kenyan Cabinet Secretary for Energy and Petroleum, and will soon be followed by the signing of a transnational agreement for the project. “The defunct KPRL will now be under.... Read more »

Posted on : Tuesday , 5th September 2023

Tanzania's Future Fuel: Natural Gas' Revolutionary Potential

TANZANIA'S noteworthy petroleum gas abundance has turned into a distinct advantage, driving financial development and working on the existences of its residents. With huge stores dispersed the country over, the potential for monetary flourishing and worldwide impact is gigantic. This article takes perusers on an astonishing excursion through the revelation, use and difficulties of Tanzania's gas assets, featuring its pivotal job in the.... Read more »

Posted on : Tuesday , 22nd August 2023

Kenya's Ambition To Become East Africa's Petroleum Hub Is Becoming Shape.

Kenya is supporting its benefit over Tanzania in its offered to give oil based commodities in the East African area, with the country's bureau this week endorsing the Kenya Pipeline Organization's (KPC) obtaining of resources from the bankrupt Kenya Oil Treatment facilities Ltd (KPRL). KPC is assuming control over KPRL's 45 stockpiling tanks, which have a limit of 484 million litres, 254 million of which are assigned for refined merchandise.... Read more »

Posted on : Tuesday , 22nd August 2023

Indonesian Minister Says Pertamina Plans on Establishing Oil Refinery in Kenya

Coordinating Minister for Maritime and Investment Affairs Luhut Binsar Pandjaitan revealed that state-owned oil and gas company Pertamina plans to expand its business to East Africa by establishing an oil refinery in Kenya. "Pertamina will enter Kenya after being asked to establish an oil refinery there. We also see an opportunity to bring their crude oil to Indonesia," Pandjaitan stated. Following a meeting with Pertamina's President.... Read more »

Posted on : Monday , 31st July 2023

Egyptian Firm To Study Dar Natural Gas Market

The Egyptian company, TAQA Arabia, is set to carry out a study that would enable the Tanzania Petroleum Development Corporation (TPDC) to supply natural gas to more residents in Dar es Salaam. The study will therefore inform the TPDC over natural gas market in the city so as to construct the needed supply infrastructure. Recently, the company signed the MoU with the TPDC for the envisaged undertaking. At the signing ceremony, TAQA.... Read more »

Posted on : Monday , 31st July 2023

Cnooc Plans Offshore Oil, Gas Exploration in Tanzania

China’s Cnooc Ltd. is planning offshore oil and gas exploration with state-owned Tanzania Petroleum Development Corp. as the East African nation seeks to boost the development of its natural resources.   The joint work will be conducted in deep-sea blocks 4/1B and 4/1C held by TPDC, according to Tanzanian Energy Minister January Makamba. The acreage is located near large gas fields discovered by a consortium of international energy.... Read more »

Posted on : Wednesday , 28th June 2023

Tanzania LNG Project Cost Increases to $42B

Tanzania has revised the cost of its Liquefied Natural Gas (LNG) project upwards, estimating the total cost of the large-scale project to be USD 42 billion. Initially projected at USD 30 billion, Felchesmi Jossen Mramb, Permanent Secretary in Tanzania’s Ministry of Energy explained that, “The recent technical analysis shows that offshore drilling and piping will push the project to $42 billion,” making the development the largest.... Read more »

Posted on : Wednesday , 28th June 2023



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