Gulf Energy · LEAD
Kenya To Earn Less From Turkana Oil Deal As Govt Exempts Gulf Energy From Taxes
The modification means Gulf Energy can recoup significantly more of its petroleum costs before profit-sharing with the state begins.
Tag · Gulf Energy
Gulf Energy
5 articles
How IPPs Power Firms Rob Kenyans Blind In Fuel Tender Scam
Electricity consumers have over the years been overbilled owing to malpractices in the procurement of heavy fuel oil that thermal power producers use to generate electricity. A forensic audit on the procurement of heavy fuel oil (HFO) by the thermal Independent Power Producers (IPPs) by the Auditor General shows that consumers paid billions of shillings […]
State Now Accuses Rubis Energy and Oil Marketers Association of Kenya (OMAK) for Smuggling Inn Of the 30,000MT of Oil.
A foreplay game that elite group of oil smugglers in Rubis Energy Ltd fraternity earlier on directed their gun towards their clande Gulf-energy Ltd of which Rubis owns the subsidiary Gulf-Energy Holdings Ltd. Rubis Energy used Gulf energy Ltd as an escape goat for a deal gone sour and now some state officials involved are […]
Mystery Behind Rubis Energy Cartels and their Local Kenyan Elite Class Accomplices Who smuggled Inn 30,000MT of Oil into Mombasa Port.
Just like Covid19 Sputnik-V was smuggled into the country by the Healthcare sector Cabals, —Gulf Energy Ltd is reported to had sneaked inn 30,000 MT of Oil, with the knowledge of the ‘big boys’ and deliberately creating fuel crisis to hike prices as a ‘retaliation’ to ‘market demand’ —maximizing profit and minimizing losses but unfortunately […]
Fuel Sneaked Into The Country By Gulf Energy To Cost Kenyans Dearly
Oil marketers are outraged over what they termed illegal importation of 30,000 metric tonnes of petrol by a group of industry players. They said the cargo, which was allegedly shipped in during the festive season, may see other marketers run out of stock and lead to higher fuel prices once Sh100 million ($1 million) in […]