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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 decision by the Government to cancel for the second time the Early Oil Pilot Scheme (EOPS) on Thursday has left in its wake questions on whether Kenya's discovery of crude is turning out to be the curse of black gold.
While Energy Cabinet Secretary Charles Keter put up a brave face blaming the last minute decision to pull the plug on lack of regulatory framework just hours before the massively publicized deadline, underneath were signs of brewing trouble.
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