The country has continued to reap benefits from lower fuel import costs with the current account deficit contracting further to 4.7 per cent in Novemb...
In what is viewed as a big win for the industry, the Tax Appeal Tribunal has set aside an order requiring BIDCO Refinery to pay a revenue amounting to...
Motorists will pay more for fuel from midnight on Tuesday as the Energy and Petroleum Regulatory Authority (EPRA) effects higher petroleum costs. T...
Oil explorer Tullow has affirmed its Kenyan project license extension to December 2021 following its submission and subsequent approval of a 2021 prog...
Oil explorer Tullow Oil says it will deploy the 11 months left on its extended exploration license to optimize the project to fit low oil prices in th...
Petrol prices are set to rise by Ksh.1.12 per litre effective from Saturday at midnight following the adjustment of the rate of excise duty by the Ken...
Oil explorer Tullow has announced the exit of its Kenyan Chief Executive Officer Martin Mbogo effective December 31. Mbogo’s exit which aligns wi...
Anglo-English based oil explorer Tullow Oil has made an about turn on its oil project in Kenya suspending its planned exit through the sale of blocks ...
The Kenya shilling touched a new low in Wednesday’s trading session against the U.S. dollar as the local unit now sees new bouts of volatility. T...
Motorists are set for higher costs at the pump as fuel costs for all three petroleum commodities pick-up in the latest maximum-pump price review. P...
A Nigerian official collapsed on Monday during a televised parliamentary hearing held as part of an investigation into allegations of mismanagement at...
In 2011, the government moved to enforce price controls by effecting maximum pump prices through the then Energy Regulatory Commission (ERC). The e...
The rise in landed cost of imported fuel has marked the end of relief for motorists as petrol and diesel costs pick up by Ksh.11.38 and Ksh.17.30 resp...
Oil fell below $43 ( Ksh.4,583) a barrel on Friday as a resurgence of coronavirus cases raised concern that fuel demand growth could stall, although c...
Motorists have registered a mixed bag of fortunes in the movement of fuel costs as petrol rises by Ksh.5.77 a litre while diesel costs fall by Ksh.3.8...
The specter of COVID-19 has developed from a public health emergency to a global economic crisis. In Africa, despite relatively low infection rates...
Oil Marketing companies (OMCs) are once again on the spot as they now hold back stocks of fuel in anticipation of a price increase in the next maximum...
British based oil explorer Tullow Oil along with its joint venture partners have announced the completion of the Early Oil Pilot Scheme (EOPS) for Ken...
The better part of Sunday April 12 saw the majority of social media platforms remain awash with doctored images showing Mt. Kenya as supposedly seen f...
Super Petrol and Diesel prices have decreased by Ksh.9.54 per litre and Ksh.19.19 per litre respectively. In its monthly review, the Energy and Pet...