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Local Sector Extractive Sector Update Set for 20th April 2016

The second in depth analysis of the local extractive sector organized by Oil & Energy Services limited will be held on April 20th targeting business leaders interested investing in the extractive sector.

According to the organizers the analysis will be supported by a quarterly report covering current and planned activities in the upstream sector.

The briefing will also include infrastructural…

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#Analysis #demand #extractive sector #investment decisions #Kenya #Oil & Energy Services limited #oil and gas #projects #supply #upstream sector

2nd Local Content Convention Opens Amid Calls For Preference of Local Companies

The 2nd Local content convention opened its doors on Wednesday bringing together players from the government and private sector to discuss ways of enabling local companies to participate in the ongoing oil and gas exploration in the region.

The convention opened by Kenya’s deputy president William Ruto saw a high panel of delegates from various fields with Ruto calling for the discussions to lead…

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#capacity building #East Africa #extractive sector #gas #Kenya #local content #Local Content Convention #mining #oil #Oil and Energy Services #William Ruto

Mozambique’s extractive sector revenue triple boosted by capital gains tax

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Revenue from the extractive sector in Mozambique hit almost $400 million in 2012 thanks to the introduction of capital gains tax in the country according to a new report by the Extractive Industry Transparency Initiative, EITI.

The rise in revenue is largely attributable to the US $170m capital gains tax (CGT) payment made by the petroleum company Cove Energy from the sale of…

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#capital gains tax #EITI #ENH #Extractive Industry Transparency Initiative #extractive sector #LNG #Matola Gas Company #Mozambique #National Petroleum Institute #Sasol Petroleum Temane

Media Council of Kenya to start training for journalist on extractives sector

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The Media Council of Kenya with support from the United Nation Development Programme (UNDP) has rolled out media capacity building and public access to information on the extractive industry in Kenya. This is in pursuit of its mandate to improve media performance through topical interventions on national development issues.

The trainings and community outreach is part of the…

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#extractive sector #Kitui #Kwale #Media Council of Kenya #Naivasha #United Nation Development Programme

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