Kenya’s president signs petroleum law outlining revenue sharing

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Kenya’s president signs petroleum law outlining revenue sharing
Nairobi — Kenya’s president signed on Tuesday a long-awaited petroleum bill into law to regulate oil exploration and production and outlining how revenues will be shared between the government, local communities and companies. Tullow Oil and its partner Africa Oil discovered commercial reserves in the Lokichar basin in 2012. The companies are working towards a … More »
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