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Business: Kenya to make Sh3b loss from early crude oil exports, warns report

by www.standardmedia.co.ke
A civil society group has raised questions why the Government is aggressively pushing on with a loss making venture at a time when oil prices are at its lowest.
Read Full Article On www.standardmedia.co.ke
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Circa, a Sinclair Broadcast Group news and entertainment website targeting millennials, plans to expand internationally, with video-on demand channels to be available in Europe this spring. The Ci
The Federal Communications Commission’s new chairman, Ajit Pai, doesn’t expect the agency to have a role in reviewing AT&T’s $85 billion takeover of Time Warner.
African-Americans have significantly more hope for their futures than whites, Hispanics and Asians despite feeling much less fulfillment than their racial and ethnic counterparts, a new poll has found
President Donald Trump was well on his way this week to cementing a presidential record for the least-approved first 100 days in American history. A poll released Sunday night by NBC News and the Wall
The challenge for the two defendants in a conspiracy and securities fraud case will be to persuade a judge that separate trials are necessary.
President Donald Trump’s first budget proposal will seek a nearly 10% boost in military spending, with offsetting cuts from nondefense agencies, administration officials said.
President Donald Trump on Monday dismissed calls for a special prosecutor to investigate Russia’s interference in the 2016 U.S. election. At the conclusion of a press availability ahead of Trump
AAI makes money from only 13 of the 125 airports it manages across the country
Airbus Helicopters is to retrofit 26 German military CH-53 heavy lift aircraft, replacing obsolescent components with up-to-date parts.
President Donald Trump told several chief executives of large insurance companies on Monday that 2017 will be a “catastrophic” year for the Affordable Care Act as he seeks to make good on
The fight over which cellphone carrier has the best unlimited data offering isn't over. AT&T announced late Sunday that it is debuting two new unlimited plans this week - one, a no-frills option that
: MDMK leader Vaiko today charged the Centre with doing injustice to Tamil Nadu by trying to rush through with the hydrocarbon project and sought to know why it should sacrifice for the benefit of oth
Tamil Nadu Chief Minister Edappadi K Palaniswami today appealed to Prime Minister Narendra Modi to immediately release relief funds for the drought-hit state and for the damage caused by Cyclone Varda
Expelled Samajwadi Party leader Jayaprada today said she would join any party provided she gets a "respectful invitation" even as she hailed Prime Minister Narendra Modi for demonetisation of high val
Officials of Excise Department today seized 95kg of hashish oil worth Rs 3 crore and arrested three persons in this connection. Acting on concrete information, a team of 30 officials of Andhra Prades
NEW YORK (Reuters) - Oil prices edged higher on Monday as investors showed record confidence that prices would rise further, though gains were capped by the prospect of faster growth in U.S. oil produ
(Reuters) - The S&P 500 and the Dow Jones Industrial Average edged up to record intraday highs on Monday, after President Donald Trump's said he would make a "big" statement on infrastructure on Tuesd
Professor Anoop Saraya, who was recently appointed as AIIMS Head of Gastroenterology and Human Nutrition department, has been asked by the administration to withdraw his application from Centra Admini
The third pay revision committee for central public sector enterprises has recommended minimum pay of Rs 30,000 per month for executives and a maximum of Rs 3.7 lakh for CMDs. As per the recommendati
As the budget session of the Maharashtra legislature begins on March 6 amid strains in ties between the ruling allies BJP and Shiv Sena, the opposition today indicated it could try to exploit the fiss
A former woman sub- divisional officer was today sentenced to four years rigorous imprisonment by a court here holding her guilty of corruption. District and Sessions Judge R N Rokade held Shobha Rau
Vice Admiral Girish Luthra today said that although new helicopters should have been inducted into the naval fleet by 2008-09, they were yet to arrive. "New helicopters should have been inducted in n
With the arrest of two persons and the apprehension of a juvenile, police claimed to have rescued a seven-year-old boy kidnapped from near his home in northwest Delhi. The kidnapping plan was hatched
On Feb. 16, 2017, a bomb ripped through a crowd assembled at the tomb of a Sufi saint, Lal Shahbaz Qalandar, in southeastern Pakistan. Soon thereafter, the so-called Islamic State claimed responsibili
PARIS (Reuters) - Airbus faces tough negotiations on two fronts as it seeks new relief from European governments and engine makers for losses on its troubled A400M military transporter plane.
Exemptions & the fact that farm income is outside the tax net, ensure that India's tax-GDP ratio stays low
The 2-day Indian Pharma Alliance Conference concluded on Friday and speaking at the conference, Founder and MD of Sun Pharma, Dilip Shanghvi as well as Pankaj Patel of Zydus Cadila say that efforts
MSNBC host Stephanie Ruhle asserted on Monday that it should never “be socially acceptable to call anyone racist.” During a discussion about the 89th Academy Awards, MSNBC guest Touré note
The echo of the violence in Delhi's Ramjas College was felt on the campus of Panjab University where activists of ABVP and rival Students For Society (SFS) clashed today. The incident took place when
Jharkhand Chief Minister Raghubar Das today said that the government's decision to allow Jharkhand Beverage Corporation Limited to control the retail business of liquor was aimed at complete prohibiti
: The Tamil Nadu government today said it is considering introducing Yoga in schools, particularly in rural areas. "The government is holding discussions with yoga experts, as students need not
The Congress today asked the Election Commission to register an FIR against Prime Minister Narendra Modi and other BJP leaders for alleged model code violation by holding a rally at Haridwar without p
After falling in 2016, U.S. crude production should increase this year, helped along by production cuts elsewhere and higher prices.
The quality of road repairs undertaken in the city ahead of monsoon should be so good that the civic body should be able to guarantee the work for at least next five years, the Bombay High Court obser

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