The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
The diesel imported by Trition was stored at the KPC Kipevu Oil Storage Facility - a bonded warehouse. It was agreed by KPC that the only person that could authorise it to release oil to Triton was Glencore. [PHOTO: FILE]
The Court of Appeal has saved Kenya Pipeline Company from Sh3.6 billion legal debt after it overturned an award to a UK firm Glencore Energy Limited.
A three judge bench yesterday set aside the ruling by the High Court that would have seen the State corporation pay $40,330,379.75 to the energy firm over the Triton Petroleum Company oil scandal.
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