#block 3b

Vanoil Energy reviews company operations to focus on Kenyan case

Follow @oilnewskenya

Last week Vanoil Energy announced that the board of directors has instructed management to conduct an immediate review of all Company operations as it shifts its priority aggressively pursue its legal arbitration claims against the Republic of Kenya.

As a result the goal is to eliminate non-essential costs, dispose of non-productive assets and secure sufficient funding to…

Vanoil seeks $150 million in suit against the Government of Kenya

Follow @oilnewskenya

Vanoil Energy Ltd. has commenced an international arbitration against the Government of Kenya after the minister for Energy James Chirchir declined to renew the company’s exploration licenses citing speculation.

In the suit Vanoil seeks to resolve a dispute arising from the government’s (Respondent) breach of the Production Sharing Contracts for Blocks 3A and 3B.Vanoil says…