• 4 minute Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 8 minutes Could oil demand collapse rapidly? Yup, sure could.
  • 15 minutes Oil and Trade War
  • 5 hours Could oil demand collapse rapidly? Yup, sure could.
  • 16 hours Are EVs Safer Than Combustion Engine Vehicles?
  • 2 hours U.S. Withdraws From U.N. Human Rights Council
  • 12 hours What If Canada Had Wind and Not Oilsands?
  • 31 mins Gazprom Exports to EU Hit Record
  • 19 hours Sell out now or hold on?
  • 5 hours Hey Oil Bulls - How Long Till Increasing Oil Prices and Strengthening Dollar Start Killing Demand in Developing Countries?
  • 2 hours WE Solutions plans to print cars
  • 6 hours EVs Could Help Coal Demand
  • 20 hours Nopec Sherman act legislation
  • 19 hours Migrants: Italy Wants EU Border Agency In Africa, Not At Sea
  • 14 hours Australia mulls LNG import
  • 8 hours Lloyd's of London excludes coal
  • 14 hours Oil and Trade War
  • 14 hours Russia, Saudi Push For Big Hike In Oil Output Despite Iran Opposition
  • 15 hours Oil prices going down
Alt Text

Can Nigeria And Libya Avoid A Production Cut?

Nigeria and Libya were exempted…

Alt Text

The Battle For Libyan Oil Is Heating Up

Libya's fragile political balance could…

Editorial Dept

Editorial Dept

More Info

Trending Discussions

KENYA: E&P Uncertainty After Elections

Bottom Line: Kenya’s new president-elect has scratched by with a very narrow victory that is likely to be challenged by his key opponent, but the public has indicated—through non-violence—that it is ready to move forward and focus on the economy. The biggest change for investors may be plans in motion for an unprecedented decentralization of government, which could affect the power-broker playing field for oil and gas license holders.

Analysis: Kenya’s presidential elections unfolded without any significant security incidents as Uhuru Kenyatta narrowly won with just over 50% of the vote against Raila Odinga. There were small protests but nothing on the scale of the last elections. There will be some legal battles ahead, though, with Odinga vowing to challenge the results in court. Also complicating matters is the fact that Kenyatta faces international charges of crimes against humanity for his role in the security crackdown on protesters during the 2007 elections in which more than 1,000 people were killed. He is due to stand trial before the International Criminal Court in early July, and so is his running mate, William Ruto.

There is a potential cause for concern due to the narrow victory. Kenyatta won only 50.07% of the vote, just enough to avoid a run-off. Kenyatta—the country’s richest man and the current deputy prime minister (as well as a former finance minister and the son of Kenya’s first president Jomo Kenyatta)—will…

To read the full article

Please sign up and become a premium OilPrice.com member to gain access to read the full article.

RegisterLogin

Trending Discussions





Oilprice - The No. 1 Source for Oil & Energy News