Kenya Breaking News, Business Information, Articles, Africa - kenyadetails

4th International Oil and Gas exhibition- Kenya

Kenya is a major center for oil and gas activity in Africa. The 4th International Oil and Gas exhibition will be a hub for key players in oil and gas community. The exhibition will be from 27th to 29th April 2015 it will be conducted at Kenyatta international conference center at Nairobi.

 

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Kenya to modify tax policy to attract oil investors

Global tax analysts have called on Kenya to re-examine its current tax policy stance on upstream oil industry in order to attract foreign investors. Deloitte East Africa experts said in a report that some aspects of the policy, which is generally favorable to Foreign Direct Investments (FDI), need to be looked to sustain the momentum that is already building in the industry.

 

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OIL AND GAS TANZANIA-2015

Tanzania is one of those countries that has emerged and made a mark as one of the leading supplier of gas globally. Large amount of foreign investors have entered the east African market and are now focusing on Tanzania. Tanzania now has become a lucrative market where everyone wants to get a piece of share. The first Oil & Gas Africa – international Trade Exhibition, will be held from the 27th to 29th of August 2015 at Tanzania's prime international venue; the Mlimani Conference Centre in Dar-es-Salaa . This event will be the hub for key players in leading oil, gas and petroleum companies from around the world.  We would have prominent speakers who would give in their time and energy to discuss the latest issues and development in the Tanzania’s Oil and Gas market.

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Why Investing In East Africa Oil Makes Sense Right Now

Although the great oil price slump of 2014 continues, it looks like at a least one major African frontier region will continue to see activity in 2015: Kenya. In recent market updates, London-based Tullow Oil and Vancouver-based Africa Oil — the companies that did the most to open up the new oil and gas discoveries — said they plan to drill six basin openers in 2015 including four during the first quarter.

 

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