Turkana Oil Pilot Scheme's Audit Begins
The ministry of Petroleum and Mining has started the search for a firm that will audit the operations of the Turkana oil pilot scheme. The audit seeks to evaluate whether [...]
Turkana Lamu Oil Pipeline to Create 7000 Jobs
The construction of the Turkana Lamu Oil pipeline is projected to create more than 7,000 jobs. Some of the beneficiaries of the project will be skilled oil and gas [...]
KenGen MD Rebecca Miano Listed on Top 100 Women CEOs in Africa
KenGen Managing Director, Rebecca Miano, has been named among the Top 100 Women Chief Executive Officers (CEOs) in Africa. The ranking was actualised by Reset Global People and Pulse editors [...]Petrol and Diesel Prices For December Drop
Petrol and Diesel Prices dropped by KSh 1.09 and KSh 2.83 per litre respectively for the month that runs from 15th December 2019 to 14th January 2020. Additionally, Kerosene prices [...]Norfund Writes off KSh1 Billion Capital in Kinangop Wind Farm
Norfund has written off its KSh1 billion investment in Kinangop Wind Farm project. This follows cancellation of the project in 2016 after protests from the local communites, who cited inadequate [...]Kenya’s Renewable Energy Attracts Chinese Investors
Kenya's renewable energy sector has attracted a bunch of Chinese investors, looking at the fact that Chinese energy companies are planning to invest billions of shillings in the sector. According [...]Garissa 50 MW Solar Plant Connected to National Grid
The President presided over the commissioning of the Garissa 50 MW Solar farm constructed at a cost of KSh13 billion. According to Xinhua, China Jiangxi Corporation for International Economic and [...]
Uganda's Umeme Limited Secures $70 Million Funding
Uganda's Umeme Limited has secured $70 million funding, money that will be geared towards funding infrastructure upgrades and expansion of the electricity grid network. Investors who took part in the [...]Total Acquires 16% Stake in Libya's Waha Concessions
Total has acquired Marathon Oils 16.3% stake in Libya's Waha concessions. This comes after Libya's National Oil Corporation (NOC) approved the acquisition. Total's acquisition encompasses a $650 million investment that [...]OPEC Countries and Russia Set to Cut Oil Output
TheOPECoil-producing countries and Russia have annnounced an agreement to cut crude oil production, a move that is aimed at increasing the global crude oil prices that they hope to sustain [...]Tullow Oil Shares Drop as CEO Resigns
Tullow Oil shares have dropped to nearly half after Chief Executive Officer, Paul McDade, resigned. Additionally, the company also suspended its dividend. This is a move that seeks to generate [...]Kenya to Host Global Solar Conference in February 2020
Kenya will host the global off-grid solar conference set for February 18-20 2020. The forum will bring together over 800 participants and exhibitors from all around the world. The biennial [...]
