Search results
Results from the WOW.Com Content Network
The trade balance fluctuates widely because Kenya's main exports are primary commodities subject to the effects of both world prices and weather. In 2005 Kenya's income from exports was about US$3.2 billion. The payment for imports was about US$5.7B, yielding a trade deficit of about US$2.5B.
Petroleum industry in Kenya. The petroleum industry in Kenya is relatively new in terms of mining and exploration. British firm Tullow Oil began operations in Kenya in 2010 after signing agreements with Africa Oil and Centric Energy, purchasing a 50% interest in five onshore licences. In 2012, the Ngamia-1 exploration well was a success and has ...
CEO. Products. petroleum, oil, gas. Website. https://nationaloil.co.ke/. The National Oil Corporation of Kenya (NOCK), is a state corporation of Kenya founded by Act of Parliament in 1981, with a mandate of participating in all aspects of the Kenyan petroleum industry. [2] The company was incorporated in 1981 [2] and began operations in 1984.
Government of Kenya (100%) Kenya Petroleum Refineries Limited (KPRL) is a Kenyan oil refinery based in Mombasa. Kenya Petroleum Refineries Limited is currently managed by the government of Kenya. [1][2] It was founded in 1960 by the government of Kenya with Shell and the British Petroleum Co. BP. As of June 2016, 100 percent of the shares are ...
Kenya imported 51,000 bbl (8,100 m 3) per day of refined oil products in 2011, according to KNBS. Kenya has a product pipeline system that transports petroleum products from Mombasa to inland areas. [31] [30] Kenya had one of the largest crude oil refineries in East Africa, the 90,000 bbl (14,000 m 3) per day Mombasa refinery. The refinery ...
Oil traders, Houston, 2009 Nominal price of oil from 1861 to 2020 from Our World in Data. The price of oil, or the oil price, generally refers to the spot price of a barrel (159 litres) of benchmark crude oil—a reference price for buyers and sellers of crude oil such as West Texas Intermediate (WTI), Brent Crude, Dubai Crude, OPEC Reference Basket, Tapis crude, Bonny Light, Urals oil ...
As of July 2018, there were over 60 registered oil companies in Kenya. [1] The industry was controlled by major companies such as Libya Oil Kenya Limited, Vivo Energy Kenya Limited and TotalEnergies with competition from some locally established companies such as KenolKobil, Kenya National Oil Corporation, Tosha and Dalbit Petroleum.
Total assets. KES: 15.49 billion (2014) Total equity. KES: 7.33 billion (2014) Website. Homepage. KenolKobil Plc, is a pan African downstream oil company. The group's operations span seven countries across Eastern, Central and Southern Africa and encompass the supply, storage, distribution and retail of a wide range of petroleum products.