Oil production answer to debt crisis, says Kiraitu Murungi
National Oil Corporation of Kenya Chairman Kiraitu Murungi has called on President William Ruto to invest in oil production, saying it is the answer to the current debt crisis.
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National Oil Corporation of Kenya Chairman Kiraitu Murungi has called on President William Ruto to invest in oil production, saying it is the answer to the current debt crisis.
National Oil Corporation of Kenya Chairman Kiraitu Murungi is calling on the government to intensify investments in oil production in order to access potential revenue estimated a Ksh 1.1 trillion.
Africa Oil and Total will write off billions of shillings invested in the three oil blocks where they exited last month.
The withdrawal of two Turkana Oil joint venture partners, Africa Oil and TotalEnergies was not a surprise.
Pharos Energy has issued a Trading and Operations update in advance of the Company's annual general meeting (AGM). The Company's 2023 work programme has started well with strong operational delivery across its repositioned portfolio, including an encouraging drill result at the CNV field in Vietnam and a commercial discovery at the first of two exploration wells in the North Beni Suef concession in Egypt.