Re-energise National Oil
The National Oil’s market share is one of the lowest at about four percent.
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The National Oil’s market share is one of the lowest at about four percent.
Nock chairman Patrick Obath said the new team expected to will work for a period of three years.
Africa's abundant sunshine is ideal for renewable energy production. But the continent relies heavily on crude oil. Experts warn that the economy will continue to suffer if governments don't wean themselves off of oil.
Kellen’s wealth of experience and expertise is expected to contribute greatly towards accelerating the achievement of the Company’s strategy.
THE STANDARD BUSINESS An attendant at a filling station. [File, Standard] Confusion mars the government’s plan to compensate oil marketing companies more than Sh1 billion that was cut from their margins after the monthly pricing remained unchanged this week. The oil firms and the Ministry of Petroleum were yesterday locked in day-long meetings as they evaluated mechanisms on how to make good the government’s promise to reimburse the margins taken from the marketers. The money is expected to be drawn from the Petroleum Development Levy Fund, financed by motorists who have been paying Sh5.4...