The 2009 Triton Oil scandal involved the unauthorized release of oil by Kenya Pipeline Company (KPC) without informing financiers. This oil scandal became public in January 2009.
The release of the oil occurred in 2008 when Triton Oil Company was allowed by KPC to withdraw oil amounting to Kshs 7.6 billion or (US$98.7 million). [1] The company collapsed shortly afterward, withdrawing the oil and selling it to the market. [2]
Triton Oil was owned by Yagnesh Devani. Kenya has issued a warrant to arrest him, but as of January 2010 he was at large and believed to be in hiding abroad. [3]
TotalEnergies SE is a French multinational integrated energy and petroleum company founded in 1924 and one of the seven "supermajor" oil companies. Its businesses cover the entire oil and gas chain, from crude oil and natural gas exploration and production to power generation, transportation, refining, petroleum product marketing, and international crude oil and product trading. TotalEnergies is also a large-scale chemicals manufacturer.
PetroChina Company Limited is a Chinese oil and gas company and is the listed arm of state-owned China National Petroleum Corporation (CNPC), headquartered in Dongcheng District, Beijing. The company is currently Asia's largest oil and gas producer and was China's second biggest oil producer in 2006. Traded in Hong Kong and New York, the mainland enterprise announced its plans to issue stock in Shanghai in November 2007, and subsequently entered the constituent of SSE 50 Index. In the 2020 Forbes Global 2000, PetroChina was ranked as the 32nd-largest public company in the world.
The China National Petroleum Corporation (CNPC) is a major national oil and gas corporation of China and one of the largest integrated energy groups in the world. Its headquarters are in Dongcheng District, Beijing. CNPC was ranked fourth in 2020 Fortune Global 500, a global ranking of the largest corporations by revenue.
Corruption in the government of Kenya has a history which spans the era of the founding president Jomo Kenyatta, to Daniel arap Moi's KANU, Mwai Kibaki's PNU government and the current Uhuru Kenyatta's Jubilee Party government. In the Corruption Perceptions Index 2021 Kenya is ranked 128th out of 180 countries for corruption, tied with seven other countries, including Bolivia, Azerbaijan, Laos, and Paraguay.
PTT Public Company Limited or simply PTT is a Thai state-owned SET-listed oil and gas company. Formerly known as the Petroleum Authority of Thailand, it owns extensive submarine gas pipelines in the Gulf of Thailand, a network of LPG terminals throughout the kingdom, and it is involved in electricity generation, petrochemical products, oil and gas exploration and production, and gasoline retailing businesses. The company also owns Café Amazon, a popular coffee chain throughout South East Asia, which shops are often located next to PTT gas stations or inside malls.
Trafigura Group Pte. Ltd. is a Singapore-incorporated multinational commodity trading company founded in 1993 that trades in base metals and energy. It is the world's largest private metals trader and second-largest oil trader having built or purchased stakes in pipelines, mines, smelters, ports and storage terminals. The company operates through a complex network of over 100 subsidiaries across the world, with main operating offices in Geneva and Singapore.
Equinor ASA is a Norwegian state-owned multinational energy company headquartered in Stavanger. It is primarily a petroleum company, operating in 36 countries with additional investments in renewable energy. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. As of 2021, the company has 21,126 employees.
Petroleum in the United States has been a major industry since shortly after the oil discovery in the Oil Creek area of Titusville, Pennsylvania in 1859. The industry includes exploration, production, processing (refining), transportation, and marketing of natural gas and petroleum products. In 2018, the U.S. became the worlds largest crude oil producer, producing 15% of global crude oil, surpassing Russia and Saudi Arabia. The leading oil-producing area in the United States in 2019 was Texas, followed by the offshore federal zone of the Gulf of Mexico, North Dakota and New Mexico. In 2020, the top five U.S. oil producing states were Texas (43%), North Dakota (10.4%), New Mexico (9.2%), Oklahoma (4.1%), and Colorado (4.0%).
The National Oil Corporation of Kenya (NOCK), is a state corporation of Kenya founded by Act of Parliament in 1981, with a mandate of participating in all aspects of the Kenyan petroleum industry. The company was incorporated in 1981 and began operations in 1984.
A list of happenings in 2009 in Kenya:
Kenya Pipeline Company (KPC) is a state corporation that has the responsibility of transporting, storing and delivering petroleum products to the consumers of Kenya by its pipeline system and oil depot network.
The Enbridge Northern Gateway Pipelines were a project to build a twin pipeline from Bruderheim, Alberta to Kitimat, British Columbia. The eastbound pipeline would have imported natural gas condensate and the westbound pipeline would have exported diluted bitumen from the Athabasca oil sands to a marine terminal in Kitimat for transportation to Asian markets via oil tankers. The project would have also included terminal facilities with "integrated marine infrastructure at tidewater to accommodate loading and unloading of oil and condensate tankers, and marine transportation of oil and condensate." The CA$7.9 billion project was proposed in mid-2000s and has been postponed several times. The proposed project would have been developed by Enbridge Inc., a Canadian crude oil and liquids pipeline and storage company.
The Ocensa pipeline is a crude oil pipeline in Colombia. It starts on the Cusiana and Cupiagua oilfields and runs to Coveñas on Colombia's Caribbean coastline. It is owned by the consortium of Ecopetrol, BP, Total S.A., Petrominerales and Triton Colombia.
South Sudan became the world's newest country and Africa's 55th nation in July 9, 2011. The conflict which started in December 2013 and July 2016 undermined the development achieved since the independence which has made the Humanitarian work situation hard, as such, South Sudan is facing economy stagnation and instability in 10 years after the independence, poverty is everywhere in the country as a result of the intercommunal conflict and displacement and external fear.
Lamu Port-South Sudan-Ethiopia-Transport (LAPSSET) Corridor project, also known as Lamu corridor is a transport and infrastructure project in Kenya that, when complete, will be the country's second transport corridor. Kenya's other transport corridor is the Mombasa - Uganda transport corridor that passes through Nairobi and much of the Northern Rift. Some basic LAPSSET infrastructure has been built. The construction of LAPSSET's main components is currently ongoing with construction of the first berth at Lamu Port completed in October, 2019 (situation as per October 2019).. Although the project is not formally stalled, its short to medium term success looks increasingly unlikely. Insecurity and political instability in Kenya are mostly to blame for this, as are more commercially viable alternative pipeline options through Tanzania or Ethiopia. The low oil prices since 2015 also affect LAPSSET's commercial prospects.
The 2011 Nairobi pipeline fire was caused by an explosion secondary to a fuel spill in the Kenyan capital Nairobi on 12 September 2011. Approximately 100 people were killed in the fire and at least 116 others were hospitalized with varying degrees of burns. The incident was not the first such pipeline accident in Kenya, with the Molo fire of 2009 resulting in at least 133 fatalities and hundreds more injured.
The KPC Ngong Forest Land Scandal was a scandal that resulted in the suspension in October 2012 of Kenyan Government Minister William Ruto who was charged in court as a result.
This article describes energy and electricity production, consumption, import and export in Kenya. Kenya's current effective installed electricity capacity is 2,651 MW, with peak demand of 1,912 MW, as of November 2019. At that time, demand was rising at a calculated rate of 3.6 percent annually, given that peak demand was 1,770 MW, at the beginning of 2018. Electricity supply is mostly generated by renewable sources with the majority coming from geothermal power and hydroelectricity.
Kenya Crude Oil Pipeline, also Lokichar–Lamu Crude Oil Pipeline, is a proposed crude-oil pipeline in Kenya. The pipeline will originate in the oil-rich South Lokichar Basin, near the town of Lokichar, in northwest Kenya to end at Port Lamu, on the Indian Ocean. The route will remain as originally planned in the Uganda–Kenya Crude Oil Pipeline, in August 2015. The route, was proposed by Toyota Tsusho, the consultant selected by the two governments of that now-abandoned project.
Kenya Petroleum Refineries Limited (KPRL) is a Kenyan oil refinery based in Mombasa. Kenya Petroleum Refineries Limited is currently managed by the government of Kenya. It was founded in 1960 by the government of Kenya with Shell and the British Petroleum Co. BP. As of June 2016, 100 percent of the shares are owned by the government of Kenya.