Kenya lines up second batch of crude oil for export in February 2020

By Kepha Muiruri,

Kenya is set to export a second batch of 500,000 barrels of crude oil at the end of February 2020 to keep with the country’s ongoing tests of the qu...

Early Oil Pilot Scheme (EOPS) , Petroleum Ministry , Tullow , Turkana crude oil

Relief for motorists as petrol, diesel prices drop in October review

By Kepha Muiruri,

The Energy and Petroleum Regulatory Authority (EPRA) has reduced the cost of super petrol and diesel in its latest maximum pump prices review. Petr...

EPRA , petrol prices

September inflation falls to 17-month low

By Kepha Muiruri,

Growth in consumer prices across the month of September grew at the slowest pace in 17 months as the inflation rate fell to 3.83 percent over the peri...

Inflation

Questions emerge over how Chinese firm won tender for Kenyan oil

By Paul Ombati,

On August 1, 2019, Kenya exported its first 200,000 barrels of crude oil at a price of Ksh.1.2 billion ($12million). The sale has however left unan...

china , kenya , Oil

Petrol price up to Ksh.112.8 per litre in Nairobi

By Kepha Muiruri,

September’s review of maximum pump prices on petroleum products will see petrol price and that of diesel prices rise. The Energy and Petroleum Re...

petrol price nairobi

Kenya forgoes Ksh.247 million in first-oil sale discount

By Kepha Muiruri,

ChemChina UK Limited evacuated 240,000 barrels of crude oil from Kenya. The new figure emerging even though government officials initially indicate...

crude oil , Turkana Oil

Local man happy as D.T Dobie assures him they’re sorting his car after 11-day wait

By Ian Omondi,

Peter J. Ng’ang’a, the Kenyan man who penned an angry letter to D.T Dobie complaining about his car’s long stay at their garage, is finally plea...

D.T Dobie , Ian Middleton

Angry man pens hilarious letter to D.T Dobie over delay in servicing his car

By Ian Omondi,

A Kenyan man's angry but witty letter to top car dealer D.T Dobie has gone viral for his creative ways of complaining about his car's long stay at the...

D.T Dobie , Ian Middleton , Peter J. Ng’ang’a , VW Passat

President Kenyatta congratulates 136 Kenyans to be employed as seafarers

By Wambui Kihara,

President Uhuru Kenyatta on Monday congratulated 136 Kenyans who have gained employment as seafarers on several ships owned by the Mediterranean Shipp...

Kenya’s first Ksh.1.2B crude oil destined for Malaysia

By PSCU,

Kenya's dream to join the league of petroleum exporting countries became a reality as the first consignment of Kenyan crude oil left the Port of Momba...

Kenya Petroleum Refinery , Kenya’s Early Oil Pilot Scheme (EOPS) , Petroleum

‘Be ready to carry your own cross,’ Uhuru tells corrupt officers, tax evaders

By Benjamin Muriuki,

President Uhuru Kenyatta says investigative agencies leading the war against corruption and tax evasion are not acting on his orders. In his latest...

Kipevu Oil Terminal , President Uhuru Kenyatta

Uhuru flags off first Ksh.1.2B crude oil shipment from Mombasa Port

By Benjamin Muriuki,

President Uhuru Kenyatta has flagged off the first shipment of crude oil from the port of Mombasa as Kenya enters the league of oil exporters. The ...

Mombasa , port of Mombasa. , Uhuru kenyatta

Gov’t silent on revenue sharing deal with Turkana oil partners

By Kepha Muiruri,

The Ministry of Petroleum has brushed aside questions regarding its revenue sharing agreement with its oil exploration partners among them Tullow. ...

Andrew Kamau , Early Oil Pilot Scheme (EOPS) , Petroleum Ministry , Tullow

Chinese firm buys Kenya’s first Ksh.1.2 billion crude oil

By Faizal Ahmed,

Chinese firm ChemChina UK Limited has been selected as the buyer of Kenya’s first crude oil export. In an announcement, the government, together wi...

ChemChina UK Limited , crude oil , President Uhuru Kenyatta , Tullow Oil , turkana

Nigeria’s president moves to stop funding for food imports

By CNN,

Nigeria's President Muhammadu Buhari has instructed the country's central bank to stop providing foreign currency for food imports, according to a sta...

Africa Continental Free Trade Agreement (ACFTA). , Nigeria , President Muhammadu Buhari

Relief for motorists as petrol, diesel prices drop

By Kepha Muiruri,

The Energy and Petroleum Regulatory Authority (EPRA) has cut its maximum pump prices for both petrol and diesel by Ksh.2.86 and Ksh.3.28 respectively ...

EPRA , Inflation , petrol prices

Swila: Egypt projects itself as gateway to Africa with a beauty to boot

By Isaac Swila,

Isaac Swila A month has elapsed since my return from duty at the 32nd edition of the Africa Cup of Nations finals held in Egypt. With enough tim...

AFCON2019 , beauty , Cairo , Egypt , Swila

Kenya’s crude oil at top-end market valuation

By Kepha Muiruri,

Kenya’s commercial oil prospects have received a boost from the recent pricing of the first batch of crude oil at an optimal Ksh.6,216 ($60) per bar...

Early Oil Pilot Scheme (EOPS) , ministry of petroleum and mining , Tullow , Turkana crude oil

Kenya exports its first crude oil at Ksh.1.2B

By Faizal Ahmed,

President Uhuru Kenyatta on Thursday announced that Kenya has exported its first crude oil. Speaking when he chaired the cabinet, Kenyatta said the...

CBK leaves benchmark rate at 9 percent as economy holds steady

By Kepha Muiruri,

The Central Bank of Kenya (CBK) has retained its lending rate to commercial banks for the eighth consecutive time to reflect on the stability of the c...

Central Bank of Kenya (CBK) , Central Bank Rate (CBR) , Inflation , kenyan shilling