Browsing: Shell and BP

The Big Oil Mirage: East Africa losing sight of the projected oil boom

In a jammed conference room in a Nairobi hotel in early 2019, a panel of rights activists poked holes at the Kenyan oil exploration and mining activities in Turkana. Blow by blow, the team illustrated how Kenya stands to lose if radical measures are not put into place to ensure the resource benefits the country.

The Kenya Oil and Gas working group called for an audit of the contracts of oil mining to ensure they follow international standards. Charles Wanguhu, a social activist coordinator of the Kenya Civil Society Platform on Oil and Gas, said in international practice, if a company prospects and fails to find oil, it meets its costs.

However, if it finds oil, the country pays for the expenses. Therefore, Wanguhunotes that in the case of Kenya, the need for audit will ensure that the costs which Kenyans will pay for do not include those wells that