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.
Workers walk past storage tanks at Tullow Oil's Ngamia 8 drilling site in Lokichar, Turkana County, on February 8, 2018. [Reuters, File]
Kenya's petrodollar dreams have gone up in smoke after two Indian state-backed energy majors called off talks for buying a multi-billion stake in Tullow Oil's Lokichar oil field in Kenya.
The deal was estimated last year to be worth between $2 billion (Sh274 billion) and $3 billion (Sh411 billion).
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