Auditor-General Warns New Turkana Oil Deal Could Diminish Government Revenue
The Auditor-General has warned Parliament that the proposed changes to the fiscal terms governing oil Blocks T6 and T7 in Turkana could substantially reduce the government’s share of future petroleum revenues.
KenGen's Half Year Profit Drops 20% Despite Higher Sales
KPLC's Power Sales Hit Record as Demand Spikes in 2025
KPLC’s electricity sales reached a record 5,938.2 GWh in July–December 2025/26, up 9.0% year on year, marking the fastest six-month pace since 2021/22EV Adoption Will Threaten Kenya’s Lucrative Fuel Levy
The government is vague on what alternative revenues it shall develop to reduce over reliance on the fuel levy as EVs become more popular on Kenyan roads.KPLC Hits Record Profit and Raises Interim Dividend by 50%
Kenya Power has reported a record half-year profit before tax of KSh 14.83 billion for the six months to 31 December 2025, up 5.5% from KSh 14.06 billion a year earlier,Koko Fuel Shuts Down After Carbon Credit Row
Koko Networks, a Kenyan clean-cooking startup backed by international investors and development finance institutions, has shut down operations and laid off its entire workforceHow a Family Network Allegedly Siphoned KSh 22 Million From National Oil Firm
Prosecutors have charged a former National Oil Corporation of Kenya (NOCK) employee, her husband, and an associate over an alleged KSh 22.15 million fraud.Libya's Energy Sector is Recovering
Libya’s oil production reached an average of 1.375 million barrels per day (bpd) in 2025 and the government aims to reach 2 million bpd by 2030
AfDB Approves US$16.5mn Loan for Menengai Geothermal Plant
AfDB approved a US$16.5 million loan to support construction of a new 35-megawatt power plant at the Menengai geothermal field near NakuruKenGen Seeks Shareholder Approval for Board and Governance Reforms
Kenya Electricity Generating Company has called a February 12 extraordinary general meeting to seek shareholder approval for governance reforms covering board composition, director tenure, and appointment rules. The proposals amend the Articles of Association, allow virtual voting, and aim to clarify state and minority shareholder roles. The move follows a similar notice by Kenya Reinsurance Corporation, signalling a broader push to reset governance at listed state-owned firms.Court Blocks Hashi Energy’s Evidence in KSh7.2bn Tax Fight
The High Court has rejected a last-minute attempt by Hashi Energy, now under liquidation, to introduce fresh evidence in a KSh 7.18 billion tax appealKenya Pipeline's KSh 106.3Bn Privatization to Support National Budget
The Kenyan government plans to raise KSh 106.3 billion from the sale of a 65% stake in Kenya Pipeline Company, positioning the IPO as a key source of non-debt financing for the FY2025/26 budget. The proceeds will accrue to the National Treasury as Kenya faces a projected budget deficit of about KSh 923 billion, delayed IMF support, and rising borrowing needs. The transaction forms part of a broader shift toward asset sales to support development spending while containing debt growth.
