Country News for Kenya |
Wed, Feb 03 2010Acquisition of More Assets Set to Raise Stake for Kobil Burundi KenolKobil Limited is pleased to announce the acquisition of 10 service station from Societe d’Importation et de Commercialisation de Produits Petroliers (SICOPP) in Burundi. |
Wed, Jan 27 2010Notice to Shareholders: 2nd Half 2009 Earnings Update and Final KPC Arbitration Ruling We publish our financial results twice in every Financial year. For the 2009 Financial year, in August 27th 2009, we published our half year results which showed that we had not achieved our targets as at that time and cautioned that if the trend continued the company was headed for a substantial reduction in its profits. |
Mon, Jan 18 2010KenolKobil Raises Stake in Zambia Plant The KenolKobil Group has strengthened its lubricants business in Zambia by acquiring 10.5% of the shareholding of Lublend Limited, a lubricants blending company in Ndola, Zambia. |
Wed, Dec 09 2009KenolKobil Wins KPA Recognition as Top Petroleum, Oil and Lubricants Importer KenolKobil Limited has been recognized by the Kenya Ports Authority (KPA) as the Country’s top importer of Petroleum, Oil and Lubricants. |
Wed, Nov 25 2009KenolKobil Wins Both January Crude Cargoes, Issues Supply Alert KenolKobil Limited has won the Industry Open Tender for the delivery of Crude Oil and Gas Oil (Diesel) in the month of January, 2010. |
KRA Recognises KenolKobil as Top Tax Payer KenolKobil Limited has been awarded by the Kenya Revenue Authority for posting the most improved percentage growth in corporation tax payment in the country. The growth is attributable to the growth in the company's profits for 2007/2008 versus 2008/2009. |
Thu, Oct 08 2009KenolKobil Now Attains Effective Takeover in Burundi Following the signing of the Sales Purchase Agreement on August 13, 2009 to acquire Oil Burundi S.A. in Burundi, which company was previously owned by Engen International Holdings (Mauritius) Limited, KenolKobil Limited is pleased to announce that it has now assumed effective control from October 6, 2009 of this new subsidiary. |
Mon, Sep 14 2009Engen and KenolKobil in Zimbabwe Joint Venture Engen Petroleum Limited, South Africa’s leading refined petroleum products company, and KenolKobil Limited, the largest indigenous African petroleum marketing company in the East and Central African Region, have signed a sale and purchase agreement to jointly acquire all the shares in Shell Zimbabwe (Private) Limited and BP Zimbabwe (Private) Limited. |
Mon, Aug 24 2009KenolKobil Limited Establishes Subsidiary in Burundi KenolKobil Limited has signed a Sales and Purchase Agreement to buy the entire shareholding of Oil Burundi S.A., which is owned by Engen International Holdings (Mauritius) Limited. |
Thu, Jul 16 2009Kenya Oil Company Limited Changes Name Kenya Oil Company Limited (Kenol) has formally changed its name to KenolKobil Limited. |
Tue, Jun 23 2009Kenol Executive ESOP Exercise Options Revised The Kenol Board of Directors has revised the exercise period for its Executive Employee Share Ownership Plan (ESOP) options for its Senior Management staff, from exercise period of one (1) year after the vesting period, to five (5) years. |
Mon, May 25 2009Kenol 50th AGM Held Following Kenol’s 50th Annual General Meeting held last Friday, May 22, 2009, the company would like to bring to your attention the following issues that were raised by shareholders with regard to its operations in the market. |
Thu, May 21 2009Kenol Wins Two Bulk Cargoes for July Delivery Kenya Oil Company (Kenol) has this afternoon won two tenders under the Open Tender System supervised by the Ministry of Energy to supply the country’s crude oil requirements for the month of July 2009. |
Wed, Apr 08 2009Press Statement on Oil Prices KenolKobil would like to sensitize consumers that local pump prices are expected to rise due a number of factors that determine product prices. |
Mon, Apr 06 2009Kenol Posts Improved 2008 Results Kenya Oil company Limited has posted impressive results for Year 2008. |
Thu, Apr 02 2009Kenol Marks 50 Years in May This year, on May 13, we celebrate our 50th Anniversary and look back over our shoulders with pride at the great strides that the company has made within that period. |
Wed, Dec 03 2008KenolKobil Lowers Pump Prices KenolKobil has announced an immediate adjustment of pump prices, from Sh93 to Sh78 for Premium Motor Spirit and Sh88 to Sh73 for Diesel, being a reduction of Sh15 per litre for each product. |
Mon, Dec 01 2008Kenol Appoints Non-Executive Board Member The Board of Directors of Kenya Oil Company Ltd (Kenol) has appointed Mr. James Mathenge as a Non-Executive Director from December 1, 2008. |
Mon, Nov 03 2008Announcement of Interim Dividends Shareholders are hereby advised that the Company’s financial year end has been changed from 30 September to 31 December. |
Tue, Sep 23 2008KenolKobil in new CSR Venture KenolKobil has reached out to children affected by HIV-Aids by donating to the El-Shaddai Hope Centre in Kiambu. |
KenolKobil Sponsors Olympics-Bound Tae-Kwon-Do Veteran KenolKobil has awarded Tae-Kwon-Do star Dickson Wamwiri a personal sponsorship package for his excellent achievements in the sport |
Tue, Jul 22 2008Kenol Wins Tenders for 2 Crude Oil Cargoes Kenya Oil Company (Kenol) has today won the 2 tenders for crude oil under the Open Tender System supervised by the Ministry of Energy to supply the country’s crude oil requirements for the month of September 2008 |
Kenol Kobil in New Bitumen Packaging Venture Kenol Kobil has ventured into a new bitumen packaging method in a bid to reduce bitumen costs and reduce environmental hazards occasioned by the use of drums in bitumen packaging. |
Thu, May 22 2008Kenol Wins Crude Oil Tender Kenol (Kenya Oil Company) yesterday won the tender under the Open Tender System (OTS) to import crude oil requirements for the Country for the month of July just two days after the High Court gave a reprieve against a directive barring it from participating. |
Kenol Education Scholarship Awards Presented The Kenol Group has today presented the 2008 Kenol Education Scholarship Awards to 41 students drawn from various leading schools in the country |
Tue, May 06 2008Kenol Group Registers Improved Results Kenya Oil Company Limited has registered an improved performance for the first six months of the 2008 financial year. |
Stepping Up CSR Support at Mama Ngina Children’s Home Over the years, Kenol Kobil has continued to implement strategic Corporate Social Responsibility programmes in line with the company's slogan, Kenol Kobil Cares for you!! |
Head of Lubricants James Gituarah Retires, Michael Omolo Takes Over Mr. James Gituarah has retired from the Kenol Kobil Group where he has been holding the position of Head of Lubricants Department. |
Mon, Jan 07 2008Let Peace Prevail Dear our Kenyan brothers and sisters, over the last two weeks, |
Kenol Appoints Terry Davidson as Non-Executive Director as it Positions Itself as a Key African Player The Board has appointed Mr. Terry Davidson as a Non Executive Director with effect from the 25th day of September, 2007. |
A New Van for Mama Ngina In our continued support of our foster home, Mama Ngina Children’s Home, through of Corporate Social Responsibility (CSR) programme, Kenol Kobil has purchased a new van for the home. |
Kenol Appoints Two New Directors The Board of Directors of Kenya Oil Company Ltd wishes to announce the appointment of two new Non Executive Directors with effect from 10th day of August 2007. |
Thu, Dec 07 2006Kobil Signs Fuel Oil Supply Agreement with KenGen Kobil Petroleum Limited has today signed an agreement to supply 120,000 M3 of Fuel Oil worth over KShs.3 billion to KenGen’s Kipevu Power Station |
Fri, Dec 01 2006Kenol/Kobil Charters New Vessel Since January 2004 when the Government implemented the open tender system for crude and refined products imports into the country, Kenol/Kobil has fully participated in the tenders and has indeed won any of them.The company has won the tenders on a competitive basis and has continued to import on behalf of the Oil Industry. |
Fri, Jun 23 2006Excerpts from President Mwai Kibaki’s Speech It gives me much pleasure to officially launch this Kenol/Kobil Liquefied Petroleum Gas plant. |
Fri, May 12 2006KENOL/KOBIL TEAM VISITS ISRAEL On Friday, May 12, 2006 a farewell breakfast was held at The Fairview Hotel in honour of a staff delegation that was traveling to |
2006 Kenol Scholarships Awarded As is the tradition, Kenol has this year awarded scholarships, under the Kenol Scholarship Fund, to 16 bright students drawn from nine leading national and provincial schools in the country. |
Kobil Signs Fuel Oil Supply Agreement with KenGen Kobil Petroleum Limited has signed an agreement to supply 70,000 M3 of Fuel Oil worth over KShs.2 billion to KenGen’s Kipevu Power Station |
Mon, Nov 07 2005Kobil and Kenol are Top Taxpayers For the second year in a row, Kobil Petroleum Limited has been awarded for being one of the top three taxpayers in the country |
Thu, Jun 23 2005Kenol/Kobil Launches a Massive Marketing Drive Kenol/Kobil has launched a massive marketing drive, the Weka Thao Ushinde campaign. |
Wed, May 25 2005Kenol Attains Impressive Results Kenol has announced a 44 per cent increase in pre-tax profit in its interim half year results for the six months ended March 31, 2005 over the same period ended March 31, 2004. |
Fri, Apr 22 2005Growing the Business Jacob I. Segman, Group Managing Director, Kenol/Kobil outlines how an indigenous Kenyan oil company has become a major player in the downstream petroleum business in East, Central and Southern Africa |
Tue, Mar 22 2005Kenol Scholarships for 2005 Presented Kenol has awarded 14 students from seven leading schools in Kenya full tuition scholarships for the 2005 calendar year. |
Fri, Jan 14 2005Kenol/Kobil Further Lowers Sulphur Content in Diesel Kenol/Kobil announces a further drop in the sulphur content in the diesel it will be marketing in Kenya from this year. |
Mon, Dec 20 2004KENOL-2004 GROUP ANNUAL RESULTS The Board of Directors are pleased to announce the Group's audited results. |
Sun, Dec 19 2004Kenol Announces Results and Increases Employee Shares Awards Kenya Oil Company Limited (Kenol) has announced its trading results for the year ended September 30, 2004. The company has performed very strongly during the year, with the main parameters showing a massive improvement over the year ended September 30, 2003. |
Thu, Oct 21 2004Kobil Recognised as a Top Tax Payer Kobil Petroleum Limited has been awarded the second highest taxpayers award during the Distinguished Taxpayers’ Awards, 2004 in Kenya. |
Sat, Aug 28 2004Kenol/Kobil Awarded Quality Management System Kenol/Kobil has been awarded the ISO 9001:2000 quality management system for its refining, blending, storage, distribution and marketing of petroleum products, lubricants and special products. |
Mon, Jul 05 2004Shareholders approve Kenol Shares split Shareholders of Kenya Oil Company Limited have approved the Board’s recommendation for a Kenol’s share split during the Extra Ordinary General Meeting (EGM) that was held today. Kenol’s share split, also approved by the Capital Markets Authority (CMA), has officially becomes the first ever share split at the Nairobi Stock Exchange. |
Wed, Jun 09 2004Why Kenol's efficiency has improved-featured in the Daily Nation Kenya Oil Company Limited (Kenol) issued its 2003 financial results, highlighted by a seven per-cent increase in profits and a 25 per-cent increase in turnover. Incorporated in Kenya and listed on the Nairobi Stock Exchange in 1959, the company imports crude oil and markets petroleum products in Kenya, Rwanda, Uganda, Tanzania and Zambia. For the year ending September 30, 2003, revenue was Sh16.7 billion, which was attributed to increased regional sales of 43 per-cent, Kenyan sales of 4.9 per-cent, a focus on non-fuel business, and the launching of LPG-brand K-gas. |
Tue, Jun 08 2004Kenol/Kobil,Police in New Relationship Kenol/Kobil donated 50 police roadblock signs to the Kenya Police. The signs were fabricated at a cost of KShs.325,000. |
Tue, Jun 08 2004Kenol steps up its expansion drive-Featured in E.Standard Kenya Oil Company (Kenol) is set to enter the highly competitive southern African market through major acquisitions that has already been negotiated. The latest move designed to widen the oil firm’s net in the regional market targets Malawi and Zimbabwe markets with plans already at advance stage. Sources say Kenol entry in these new markets was only being held back by tense political atmosphere currently prevailing in the two countries. |
Tue, Jun 08 2004Kenol's move to split its equity-Featured in Daily Nation The bourse's liquidity could soon be boosted, with the anticipated Kenol share splits. The Nairobi Stock Exchange is set to implement the first-ever stock split, with oil marketer Kenol's scheme. Sources say East African Breweries Limited (EABL) could easily be a candidate of the experiment. Kenol last week announced it would split its equity by 10 if the shareholders give their consent in a months' time |
Wed, May 26 2004Kenol announces 2004 half year results |
Tue, Mar 16 2004Kenol in Rally Sponsorship Package Kenol has announced an ambitious sponsorship package for local rally driver Sammy Aslam. The sponsorship package will cover the entire Kenya National Rally Championship and the Kenya National Autocross Championship events for 2004 by Kenol Lubricants. |
Thu, Dec 18 2003KENYA OIL COMPANY LTD -2003 ANNUAL GROUP RESULTS KENYA OIL COMPANY LIMITED. Financial Statements For the Year ended 30th September 2003 ... |
Sat, Dec 06 2003KENOL/KOBIL AWARDS OUTSTANDING EMPLOYEES Kenol/Kobil has announced the following management awards to outstanding employees for the year 2003: |
Fri, Aug 01 2003Cleaning Mt Longonot |
Mon, Jul 21 2003Kenol Embarks on Regional Re-Branding |
Thu, Jun 19 2003New Structural Changes Announced |
Wed, May 28 2003Kenol announces its 6 months results |
Fri, Apr 04 2003Kenol Disposes its Entire Shareholding in Mid-Oil Africa |
Fri, Mar 28 2003Quicksaver Happy Hour is Back |
Wed, Feb 26 2003Kenol Presents Scholarship Funds |
Tue, Feb 04 2003K-gas brand launched |
Sat, Nov 30 2002A New Floor for Mama Ngina |
Fri, Nov 29 2002Kenol/Kobil Wins PIEA Award |
Fri, Oct 11 2002Kobil Petroleum Ltd / Nairobi Java House Sign Agreement |
Tue, Oct 01 2002EHS Section Constituted |
Fri, Sep 27 2002ISO 9001:2000 Certification Attained |
Sat, Sep 21 2002Account &Finance and M.I.S holds a departmental meeting &team challenge |
Mon, Sep 02 2002Feel The Difference With Kenol Kobil August 2002 |
Fri, Aug 30 2002Another successful Quantity & Quality campaign |
Fri, Aug 30 2002K-gas – Another Addition in the Kenol/Kobil Range |
Thu, Aug 29 2002Kenol/Kobil introduces unleaded Premium |
Fri, Aug 16 2002New Dispensers at Kobil Yaya |
Sat, Aug 10 2002Mid-Oil and Kenol Visit Imani |
Mon, Aug 05 20021st 2002 Quicksaver members' raffle draw winners |
Tue, Jul 30 2002Another Leadership Initiative as Low Sulphur Diesel is Launched |
Mon, Jul 29 2002F.A.Q ON LOW SULPHUR DIESEL |
Mon, Jul 15 2002Kenol Lubes sponsor local pair |
Sat, Jun 15 2002Announcing 2002 Members Raffle |
Thu, Jun 06 2002Kenol/Kobil Launches automated fuel management system |
Sat, May 18 2002TAKING CHARGE OF THE ENVIRONMENT |
Thu, Mar 21 2002Kenol Launches Scholarship Fund |
Sat, Dec 22 2001KENOL ANNOUNCES 2001 ANNUAL GROUP RESULTS |
Tue, Dec 11 2001Kenol Launches New Lubricant Brand |
Fri, Nov 09 2001FEEL THE DIFFERENCE WITH KENOL/KOBIL |
Thu, Nov 01 2001ANOTHER KENOL LANDMARK UNVEILED |
Thu, Nov 01 2001MD'S SPEECH-KENOL KOINANGE STATION LAUNCH |
Sat, Oct 27 2001A play ground for Mama Ngina home |
Wed, Aug 08 2001New Koinange Service Station Opened |
Mon, Jun 04 2001Quicksaver Raffle Winners 2001 |
Wed, Apr 04 2001K/K COMMISSIONS LUBRICATION CENTRE FOR KPA |
Sun, Mar 11 2001MIS MANAGER TRAINS IN SINGAPORE |
Thu, Mar 01 2001NEW KENOL CONSUMER FACILITY AT K.R.A |
Sat, Feb 10 2001KENOL DONATES COMPUTER EQUIPMENT AND COOKING GAS FACILITIES TO MAMA NGINA CHILDRENS HOME |
Fri, Feb 09 2001KENOL/KOBIL KENCELL LAUNCH CELLULAR PHONE SHOPS |
Thu, Feb 01 2001KENOL/KOBIL INTRODUCES NEW SECTION |
Thu, Jan 25 2001NEW FINANCE DIRECTOR |
Tue, Jan 23 2001FAREWELL S.H.DOSSA |
Thu, Jan 18 2001KENOL ANNOUNCE 2000 ANNUAL GROUP RESULTS |
Mon, Jan 15 2001KENOL/KOBIL MOVES TO 11TH FLOOR |
Fri, Dec 22 2000FDC DONATES TO MAMA NGINA CHILDREN'S HOME |
Fri, Dec 15 2000KENGEN AND KOBIL SIGN DEAL |
Sat, Dec 09 20002000 STAFF CHRISTMAS PARTY |
Wed, Nov 22 2000K.G.LINDSTROM LEAVES KENOL/KOBIL |
Thu, Nov 16 20002000 MYSTERY SHOPPER WINNERS |
Sat, Sep 23 2000Mama Ngina Children’s Home |
Thu, Aug 31 2000Kenol Tops NSE Ranking of companies |
Tue, Aug 22 2000WEB SITE LAUNCH |
Tue, Aug 01 2000Kenol/Kobil Launch Website |
Tue, Jun 20 2000K/K DELEGATION VISITS ISRAEL |
Wed, Jun 07 2000Kenol/Kobil becomes an infiniti partner |
Wed, Jun 07 2000KENOL BUYS GALANA OIL (UGANDA) LTD. |
Wed, Jun 07 2000KENOL/KOBIL JOINS THE NCBDA |
Thu, Apr 13 2000KOBIL UNVEILS LATEST SHOPPING CONCEPT |
Thu, Apr 13 2000KENOL OPENS ANOTHER QUICKSAVER |
Thu, Apr 13 2000KOBIL CONCLUDES CONTRACT WITH KQ & KLM |
Thu, Apr 13 2000KOBIL UNVEILS LATEST MARKETING |
Wed, Mar 15 2000NEW ORACLE SYSTEM GOES LIVE |
Wed, Mar 15 2000KOBIL WINS EXTENSION OF KENYA AIRWAYS TENDER |
Wed, Mar 15 2000FIRST PRIVATE WEIGHBRIDGE AT KOBIL STATION |
Tue, Jan 11 2000Y2K BUG |
Tue, Jan 11 2000KOBIL NOW EMBARKS IN FUEL RETAILING IN UGANDA |
Sun, Jan 02 2000Kenol 2000 Service Station |
Fri, Dec 31 19991999 MYSTERY SHOPPING CONTEST WINNERS |
Wed, Nov 24 1999IT Modernization Progress |
Wed, Nov 24 19991999 Dealers Seminar |
Wed, Nov 24 1999Fuel Adulteration |
Sat, Aug 14 1999PROVIDENT FUND |
Thu, Jul 08 1999ALERT – INDUSTRY IN TURMOIL |
Thu, Jul 08 1999MARKET SHARE BENCHMARKING |
Thu, May 20 1999DEALERS , DISTRIBUTORS AND STAFF TOUR ISRAEL |
Thu, May 20 1999NEW STATIONS |
Thu, May 20 1999MARKET SHARE BENCHMARKING (APR 99) |