U.S industries bear brunt of high cost
The invasion of Ukraine has seen oil and gas prices skyrocket. Russia is one of the world’s biggest exporters but Western nations have pledged to...
Fuel
Shell profits nearly triple as oil prices surge
Energy giant Shell has reported its highest ever quarterly profits as oil and gas prices surge around the world. Shell made $9.13bn (£7.3bn) in the...
Fuel supply gets boost as ship with 100M litres docks in Mombasa
Energy Cabinet Secretary Monica Juma has assured Kenyans that the country is now sufficiently supplied with petroleum products. Speaking at the Kipevu Oil Terminal after...
Russian forces regrouping for attack – Nato
Russian forces in Ukraine are regrouping to double down on their attacks in the east of the country, according to Nato’s secretary general. “Russia is...
Fuel prices remain unchanged
Fuel prices remain unchanged following a decision by Energy Petroleum and Regulatory Authority to retain last month’s fuel pump prices utilizing Petroleum Development Levy to...
EPRA taps fuel subsidy fund to keep fuel prices unchanged
The Energy and Petroleum Regulatory Authority (EPRA) has kept fuel prices unchanged for the next one month despite the increase in landed cost of imported...
Kshs. 40B Kipevu Oil Terminal completion slated for year end
The new Kshs. 40 billion Kipevu Oil Terminal II is due for completion later this month according to the Kenya Pipeline Company. The terminal designed...
Kenya Pipeline to complete KPRL takeover next year
The Kenya Pipeline Company (KPC) plans to conclude the take-over of the Kenya Petroleum Refineries Limited early next year. KPRL Acting Managing Director Samson Soimo...
China rations diesel amid fuel shortages
Petrol stations in many parts of China have begun rationing diesel amid rising costs and falling supplies. Some truck drivers are having to wait entire...
Relief for consumers as EPRA reduces fuel prices in latest review
Energy and Petroleum Regulatory Authority (EPRA) has reduced pump price for a litre of diesel and super petrol by Kshs. 5 while a litre of...