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

SouthWest eyes east Africa oil boom

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail.

SouthWest Energy of Ethiopia aims to be the latest company to profit from east Africa's oil and gas exploration

Read more...

10 billion barrels of oil found in Kenya

The Cradle of Mankind is a Great Rift valley that runs through Kenya, created by separating tectonic plates, and so named due to the million-year old human remains that have been discovered there. They are not the only things that have been discovered there; oil drillers claim that preliminary tests suggest a string of fields in the area that

Read more...

Africa Oil eyes commercial finds in Kenya

An intensive drilling campaign with partners this year should bring Africa Oil Corp much closer to confirming that Kenya has commercial quantities of oil, it said on Monday.

Chief Executive Keith Hill, whose Canadian-listed firm has interests in its 12 blocks covering 250 000 km2 in the

Read more...

Swala Energy offers a taste of East African oil and gas

Swala Energy (ASX: SWE) is offering investors exposure to highly prospective petroleum plays in East Africa where a number of major oil and gas discoveries have been made recently.

The company is offering 55 million shares priced at $0.20 each to raise $11 million in its initial public offering, with

Read more...