COFEK says the agreement was signed without public disclosure of its material terms or the process used to select Gulf Energy.
By David AbonyoGachagua, who is in the UK for diaspora meetings aimed at engaging Kenyans abroad, building political networks, and mobilising support for his Democracy for Citizens Party ahead of the 2027 General Election, argued that Kenya’s fuel supply chain does not depend on routes affected by Middle East tensions.
By Chrispho OwuorThe Kenya Revenue Authority has issued a Sh23.1 billion tax demand on the sale of Tullow Oil Kenya BV to Auron Energy, detailing capital gains, VAT and withholding tax now under objection review.
By David Bogonko Nyokang'iBarasa informed lawmakers that Tullow Oil Kenya B.V. submitted the Environmental and Social Impact Assessment for the South Lokichar Upstream Oil Development Project in September 2021. She said the assessment was reviewed in line with the Environmental Management and Coordination Act.
By David Bogonko Nyokang'iDuring public participation on the proposed Production Sharing Agreement (PSA) between the government and GEBV, the committees expressed concern over a proposed increase in cost recovery from 65 per cent to 85 per cent.
By Maureen KinyanjuiThis marks a substantial increase from the previous allocation of Sh806 million.
By Maureen Kinyanjui