Fuel Crisis: Oil Marketers Decry KSh13 Billion Fuel Subsidy Owed by the Government
Oil marketers have decried the delay by government to disburse the KSh13 billion fuel subsidy owed to them since January, linking this delay to the fuel shortage crisis currently experienced [...]
Kenya Pipeline Company Clarifies on Fuel Shortage
Kenya Pipeline Company(KPC) has confirmed sufficient fuel stocks in all its depots across the country. This follows fuel shortages at the pump at various pump stations, including Nairobi and parts [...]
TotalEnergies Net Profit fall 20% to KSh 2.7B
TotalEnergies Marketing Kenya Plc posted a Net Profit of KSh 2.7 Billion at the close of financial year ended 31st December 2021, down from KSh 3.3 Billion over a similar [...]KenGen Completes Construction of 83MW Olkaria 1 Unit 6 Plant
KenGen has completed construction of the 83 megawatts (MW) Olkaria 1 Unit 6 geothermal plant. This follows a successful delivery of full steam to the power plant, setting in motion [...]Fuel Shortage Hits North Rift and Western Kenya
An unexpected fuel shortage hit Western Kenya, the North Rift and many parts of rural Kenya mostly supplied by independent oil marketers. The oil dealers blamed the shortage in the [...]
Fuel Prices Rise to an all-Time High in Latest EPRA Review
Fuel prices have risen for the first time since November last year with the cost of petrol increasing to Sh 134.72 compared to Sh129.72 in the previous month. In the [...]EPRA Set to Review Regulations for Petroleum Road Transportation
The Energy Petroleum and Regulatory Authority (EPRA) says it is in the process of reviewing requirements for petroleum road transportation Licenses, Tanker Permits and Driver Certificates after Saturday’s accident involving two [...]Murban Oil Prices rise sharply to $ 119.23 as Russia-Ukraine conflict heightens
Murban oil prices rose to US$ 119.23 per barrel on March 3 compared to US$ 100.65 per barrel on February 24. According to Central Bank of Kenya(CBK) Weekly Bulletin, Commodity [...]Prices of LPG Set to Rise by 15%
The cost of refilling liquefied petroleum gas (LPG) cylinders is set to rise by at least 15% As Citizen TV reports, the price of refilling a 6kg cylinder will hit [...]Kenya Power Records a Half Year Pre-Tax Profit of KSh 5.7 Billion
Kenya Power has reported a pre-tax profit of KSh 5.659 Billion in the half year trading period ended 31 December 2021, compared to KSh 332 Million realized in a similar [...]Kenya Ethiopia $1.3 Billion Cheaper Electricity Deal Back on Track
Kenya and Ethiopia have reached a new agreement to gear up further the purchase of cheap hydropower from Addis Ababa. The hydropower project is worth an estimated $1.3 billion that [...]National Oil in Quest for KSh13 Billion Bailout from Treasury
The National Oil Corporation of Kenya (Nock) is in fresh quest for a KSh13 billion bailout from the National Treasury to pay bank loans and meet operating costs. According to [...]
