French oil giant Total, which is consolidating its position in the region's extractives sector through its full acquisition of Maersk Oil and Gas stake in Kenya's South Lokichar oilfields, plans to push for discussions that would see Kenya's oil transported through the Uganda-Tanzania pipeline.
Posted on : Tuesday , 12th September 2017
Festering differences between the Energy ministry and French oil major Total could disrupt Kenya’s upstream oil industry even before it begins commercial production, an industry lobby has warned.
The French firm last month acquired Maersk Oil’s global business, giving it a 25 per cent stake in the three blocks in Lokichar that are being readied to start oil production. It will partner with Tullow Oil – which is the operator and has a 50 per cent stake.... Read more »
Posted on : Tuesday , 12th September 2017
National Oil Corporation of Kenya (Nock) has put on sale its multi-million shilling Nairobi petroleum depot, just eight years after expanding the facility to match growing fuel storage demand.
Posted on : Tuesday , 12th September 2017
Kansai Paint is a global company with major operations in Japan, China, Asia, the Middle East, Europe and Africa. Its product offering covers the decorative, industrial, protective coatings and automotive segment. It has research and development facilities in Japan, India and South Africa.
Posted on : Tuesday , 12th September 2017
Thomas Schaefer, the chairman and managing director of Volkswagen Group South Africa, said a team was established last month that would go from country to country to assess opportunities.
Posted on : Tuesday , 12th September 2017
Simba Corporation is set to take full ownership of Mombasa-based Associated Vehicle Assemblers (AVA) after it received regulatory approval to acquire the stake held by Marshalls East Africa.
Posted on : Tuesday , 12th September 2017
Rising urbanisation is encouraging unprecedented infrastructural developments in Africa, especially across the construction and oil and gas sectors.
Frost and Sullivan report that this is strengthening the regional market for commercial vehicles (CVs) like rigid trucks and flatbed trailers.
Asian original equipment manufacturers (OEMs) such as Isuzu, Mitsubishi, Dongfeng, Sinotruk, Tata and Ashok Leyland have started making rapid inroads into the African market.... Read more »
Posted on : Tuesday , 12th September 2017
The carmaker said that the first of the new models would be a fully electric vehicle, the Jaguar I-Pace, to go on sale in 2018.
Posted on : Tuesday , 12th September 2017
KenGen has named Rebecca Miano the first female acting MD and CEO in its history, following Albert Mugo's retirement on August 25.
Posted on : Tuesday , 12th September 2017
It is early evening in Ndabibi village in Naivasha, and there are threatening clouds overhead. Kenneth Njoroge quickly parks his motorcycle by the mud structure that serves as his kitchen and rushes into the main house before the rain starts pounding.
Posted on : Tuesday , 12th September 2017
Finally, Esther Passaris, better known as Mama Taa, made it to political office after three failed attempts.
Posted on : Tuesday , 12th September 2017
With the erratic power supply and high electricity bills in many parts of the country, solar lighting is a viable option for Kenyans, given that solar energy is available in plenty.
Posted on : Tuesday , 12th September 2017
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