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).
Get Full Access for Ksh299/Week
Fact‑first reporting that puts you at the heart of the newsroom. Subscribe for full access.