Oil
CBK Reports Drop in Kenya’s Forex Reserves Amid Rising oil prices
A fresh strain is emerging on Kenya’s external finances, with new data showing a drop in the country’s foreign exchange reserves as global...
SABRINA BT2 Mins read
Gulf Energy Secures $ 15 Million Onshore Oil Rig
Officials from the State Department for Petroleum, EPRA, and the Turkana County Government in Abu Dhabi for rig inspection
BT Correspondent2 Mins read
Govt: Decade-Long Stalled Turkana Oil Project Set to Begin Next Year
Kenya is on the verge of finally unlocking commercial oil production in Turkana, with the Energy Ministry urging Parliament to quickly approve the...
SABRINA BT2 Mins read
Kenya Inches Closer to First Oil as Gulf Energy Takes the Helm
Kenya’s long journey to becoming an oil-producing nation has entered a new chapter after British oil explorer Tullow Oil officially handed over its...
SABRINA BT2 Mins read
Tullow Sells Kenyan Assets Including Oil Resources to Gulf Energy
Signing of sale agreement between the two firms brings the sale closer to completion
BT Correspondent2 Mins read
Tullow CEO Rahul Dhir to Resign Next YearÂ
Project Oil Kenya's development plans remain on course as strategic partner engagements progress
BT Reporter1 Mins read
Kenya Pipeline Upgrades Western Region Oil Flow Rate
The project, which begun in 2022, comprises a fully-fledged Pump Station at Ngema
KALU MENGO2 Mins read
Cooking Oil Shortage Looms As Leading Manufacturer Shuts Down
The dollar shortage in Kenya is touching off a meltdown in edible oil industry, with a leading cooking oil manufacturer finding itself at...
BT Reporter2 Mins read
First Sh1.2bn Oil Export Places Kenya on Global Map
Kenya's dream to join the league of petroleum exporting countries became a reality on 26th August as the first consignment of Kenyan crude...
KNA1 Mins read
