Topic: OMC
Oil marketers left in lurch as State withholds Sh9.98 billion amid cash flow struggles
Dec 13, 2023 at 01:12 PM
Oil marketing companies (OMCs) in Kenya are facing a severe cash flow crisis as the government delays payments totalling Sh9.98 billion under the fuel stabilisation scheme, which w...
Energy CS Monica Juma puts unscrupulous oil marketers on notice over fuel crisis
Apr 14, 2022 at 01:36 PM
The Cabinet Secretary for Energy and Petroleum Monica Juma has put a section of Oil Marketing Companies (OMCs) on notice for causing the current fuel crisis in the country....
Govt to punish oil marketers for hoarding, prioritizing selling fuel outside Kenya
Apr 12, 2022 at 08:08 PM
The government has said it will punish oil marketers who are hoarding fuel or selling the same outside the country in the wake of a biting fuel shortage in the country....
Fuel Shortage: EPRA blames delayed subsidy payouts for biting fuel crisis
Apr 04, 2022 at 12:20 AM
A delay in government subsidy payouts has caused a fuel crisis that has bitten hard in the lives of Kenyans across the country....
Petrol to retail at Sh123.23 if parliament adopt proposed tax changes
Oct 13, 2021 at 05:13 PM
The price of fuel is set to decline with petrol expected to retail at Sh123.23 in Nairobi should the National Assembly adopt the Finance and National Planning Committee recommendat...
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