Commodities
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Raila Files Investigation Request into Petroleum Importation
Zimio chief Raila Oginga, through his lawyer Paul Mwangi, has submitted a formal letter requesting an investigation into the G-to-G…
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Edible Oil Scandal: Senior Officials From KNTC Apprehended by DCI
Senior managers from the Kenya National Trading Corporation (KNTC) were apprehended on Tuesday and brought to the Directorate of Criminal…
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Williamson Tea Kenya PLC announces Ksh.10 interim dividend after 76.4% profit surge
Williamson Tea Kenya PLC has reported a substantial increase in profits, resulting in an interim dividend of Ksh.10 per share…
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Why Uganda is Walking Away from Kenya over Fuel Storage Reliance
Kenya has lost the Ugandan market over the storage of petroleum products due to its oil deal with the United…
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Sugar Price in Kenya Surge Raising Concern
Sugar prices are soaring in Kenya, causing widespread concerns among consumers and local businesses as sugar is one of the…
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Shell Signs 27-year LNG Supply Deal with QatarEnergy
QatarEnergy and Shell (a British multinational oil and gas company) signed two long-term LNG sale and purchase agreements (SPAs) for…
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TotalEnergies Signs 27-year LNG Supply Deal with QatarEnergy
QatarEnergy and TotalEnergies signed two long-term LNG sale and purchase agreements (SPAs) for the supply of up to 3.5 million…
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OPEC Oil Production Up in September with Nigeria Taking Lead
OPEC’s crude oil production rose in September compared to August, according to the group’s latest Monthly Oil Market Report (MOMR)…
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Oil Prices steady after Settling down more than $5
Oil prices were broadly steady on Thursday after the previous session’s big losses, as an uncertain demand outlook held off…
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Higher oil spending likely to weaken Saudi’s stronger balance sheet
Rating firm Moody’s now thinks that higher spending that becomes inflexible through oil price cycles may weaken Saudi Arabia’s currently…
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