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Category "Energy"

    Kenya’s economy could earn Sh3.8 trillion by going green

Kenya’s economy could earn Sh3.8 trillion by going green

Kenya’s transition to a green economy could generate benefits estimated at Sh3.8 trillion ($45 billion) by 2030. This is in addition to greater food security, cleaner environment and higher productivity of natural resources, according to a new study launched by the Government and the UN Environment Programme (Unep). In the Green Economy [...]

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    Kenya’s energy policy under scrutiny

Kenya’s energy policy under scrutiny

The proposed energy legislation has been faulted for advocating a lackluster approach to growing consumption of cooking gas in the country. Petroleum industry players have said there is need for a radical shift in the policy approach to grow consumption of Liquefied Petroleum Gas (LPG) in the country that has stagnated [...]

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    Lamu oil, gas find not viable but promising

Lamu oil, gas find not viable but promising

Kenya: Australian oil and gas explorer Pancontinental Oil and Gas says a well it has been drilling with its partners off the coast of Lamu is not commercially viable. The firm yesterday said the Sunbird 1 well incurred trace amounts of natural gas, adding that such small amounts are a clear indication [...]

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Tanzania to reconsider windfall tax on gas

  Tanzania to reconsider windfall tax on gas

Tanzania may reconsider the proposed introduction of a super profit tax on natural gas production after gold miners criticized a similar measure considered by the government three years ago, President [...]

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Tanzanian firms urged to invest in oil, gas sector

Domestic investors have been called upon to make full utilisation of the country’s capital markets to raise low cost capital to invest in the abundant opportunities in the oil and [...]

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KenolKobil swings back to profit on cost-cutting

  KenolKobil swings back to profit on cost-cutting

Oil marketer Kenolkobil has reported a pre-tax profit of Sh564 million for the year ended December 31,2013, marking a major turnaround from the previous year’s loss of Sh8.96 billion. As a [...]

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Plan to have more Kenyans access electricity

  Plan to have more Kenyans access electricity

Kenya: The Government is set to double electricity connectivity from the current 30 to 80 per cent within the next four years, Energy Principal Secretary Joseph Njoroge has said. Njoroge said once [...]

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Kenya: ATI gets Sh238m for energy sector

  Kenya: ATI gets Sh238m for energy sector

Kenya: European Investment Bank (EIB) and African Trade Insurance Agency (ATI) have entered a new partnership to build energy sector capacity in Africa. The first phase of the agreement signed on the [...]

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Essar’s refinery divorce with State firm nears conclusion

  Essar’s refinery divorce with State firm nears conclusion

The eagerly awaited exit of Indian Essar Energy from the ownership of the trouble ridden Kenya Petroleum Refineries (KPRL) is finally on the brink of conclusion. Energy and Petroleum Cabinet Secretary [...]

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