Tullow Oil Sells its Stake in Uganda to Total
Tullow Oil has agreed to sell its entire stake (33.3%) in the Lake Albert Development Project in Uganda (Blocks 1, 1A, 2 and 3A, and the proposed East African Crude [...]
Kenya Leaps to Top 7 Geothermal Power Producers Globally
Kenya has leaped to the top seven geothermal power producers globally, surpassing Italy according to global data. Kenya, through Kengen, which produces 85% of Kenya's Geothermal power, now has an [...]AfDB Denies Funding Uganda's Pipeline Project
The African Development Bank(AfDB) has denied claims that it plans to provide funding to Uganda's oil pipeline project. These follows a protest letter by climate change crusaders and civil society [...]
Egypt Signs Long-Term Nuclear Energy Contract With Russia's ROSATOM
ROSATOM, through one of its enterprise Novosibirsk Chemical Concentrate Plants (NCCP) have signed a 10 year contract with Egypt. Based on the contract, ROSATOM will supply components of low [...]US EXIM Bank Greenlights $91.5 Million Financing for Senegal's Renewable Energy
The US EXIM (Export-Import Bank of America), has given the green light of a loan guarantee financing of $91.5M to the Republic of Senegal. The funding will boost the West [...]Relief at Fuel Pump For Struggling Households
The Energy Regulatory Commission (ERC) has announced a reduction in the price of a litre of petrol by a massive KSh 7.23. The price of a litre of diesel has [...]AfDB Appoints Dr. Kevin Kariuki to Senior Role
AfDB has appointed Dr. Kevin Kariuki as Vice President in the Energy docket tapping into the Kenyan talent pool in the energy sector. Dr. Kariuki is to take up the [...]Grand Ethiopian Renaissance Dam Construction Uncertain After Failed Talks
The process of filling the Grand Ethiopian Renaissance Dam (GERD) is still unknown after talks between Ethiopia, Egypt and Sudan, facilitated by the United States, failed. This unfolded after Ethiopia [...]Kenya Power Net Earnings Dip 92% to KSh 262 Million
State-owned electricity firm distributor Kenya Power (KPLC) net earnings took a nosedive to KSh 262 million for the financial year ended 30th June 2019. This is compared to KSh 3.3 [...]KenGen to Drill Geothermal Wells in 8 African States
KenGen is on the lookout for tenders to drill geothermal wells in eight African states, among them Sudan, Tanzania, Zambia, Rwanda, South Sudan, Uganda, Djibouti and Comoros. According to the [...]Morintat Leparan Appointed CEO at National Oil Corporation
Morintat Leparan has been appointed to head the National Oil Corporation after a rigorous recruitment process which involved 49 applicants. The new executive will replace George Kubai who served as [...]
World Bank Partners with Kenya in KSh15 Billion Solar Project
The World Bank has partnered with Kenya in a KSh15 billion solar project that seeks to benefit close to 250,000 households in 14 counties with low electrification rates. According to [...]
