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First State-State fuel import cargo arrives mid-April

Oryx Energies, Galana Oil and Gulf Energy will in the next two weeks deliver their first batch of fuel on a 180-day credit period.

Saudi arabiaUnited arab emiratesNairobi areaKenya generalDavies chirchirGulf energyOryx energiesEmirates national oil corporation enocEnergy cabinetSaudi aramcoPetroleum principalGalana oilFirst stateWhat kenyaEmirates national oil corporationOryx energies limited

5 banks to issue letters of credit for UAE fuel imports

Five local banks have been picked to issue letters of credit of up to Sh614.89 billion ($4.8 billion) for fuel that Kenya will import on credit from the United Arab Emirates.

United arab emiratesAbu dhabi commercial bankAbu dhabiAbuz abyBank afreximbankCentral bankFirst abu dhabi bankDeutsche bankAbsa bank kenyaPetroleum principalStanbic bankBusiness dailyCo op bankAfrica export import bankUnited arabPetroleum principal secretary

Fuel shortage hits ahead of price review

Motorists have been hit by a fuel shortage following rationing to some retail outlets in Nairobi amid fears that marketers have cut volumes.

Nairobi areaAndrew kamauMacharia irunguKenya petroleum refineriesKipevu oil storage facilityKenya pipeline companyVivo energyUniversity wayPetroleum principalPetroleum regulatory authority epraNational oil corporation of kenyaBusiness dailyPipeline companyTotal energiesState owned national oil corporationPetroleum regulatory authority

Energy ministry risks Sh11bn claim over illegal diesel taxes

The Ministry of Energy risks a Sh11 billion refund claim from motorists after the taxman continued to collect higher levies on diesel.

John munyesAndrew kamauDaniel kiptooKennedy ogetoMonicah jumaNational planningMinistry of energyKenya revenue authorityPetroleum development levyPetroleum productMinistry of petroleumPetroleum principalPetroleum cabinetPetroleum regulatory authority epraPetroleum development fundPetroleum development amendment order levy

India eyes Tullow Oil stake in Turkana for Sh356 5bn

Bloomberg news agency reported from India that ONGC Videsh and Indian Oil Corp may acquire the stake for between $2 billion and $3 billion.

Nairobi areaRift valleyUnited kingdomAndrew kamauOil kenyaKenya energyTullow oilGaffney cline associatesIndian oil corpMinistry of energyAfrica oil corpPetroleum principalAfrica oilKenyan ministry of petroleumExecutives of indian oil corpPrincipal secretary andrew kamau

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