National Oil Corporation of Kenya
| Company type | Parastatal |
|---|---|
| Industry | Petroleum industry |
| Founded | 1981 |
Key people | Kiraitu Murungi E.G.H Chairman Leparan Gideon Morintat[1] CEO |
| Products | petroleum, oil, gas |
| Website | https://nationaloil.co.ke/ |
The National Oil Corporation of Kenya (NOCK), is a state corporation of Kenya founded by Act of Parliament in 1981, with a mandate of participating in all aspects of the Kenyan petroleum industry.[2] The company was incorporated in 1981[2] and began operations in 1984.[3]
Location
[edit]The Head Office of the company is located at KAWI House, South C Red Cross Road, off Popo Road, Nairobi, Kenya's capital and largest city.
Service stations
[edit]As of August 2018, NOCK operates 155 retail stations across Kenya, up from 115 in May 2017.[4]
Controversy
[edit]In January 2016, following a company loss of KSh270 million (about US$2.7 million) for the half year period from 1 July 2015 to 31 December 2015, the NOCK board of directors sent the then managing director, Sumayya Hassan-Athmani, on compulsory leave, pending a forensic audit of the company finances.[5] She was re-instated "three weeks later", pending the forensic audit. However, she chose to resign effective 1 July 2016.[6][7] Mwangi, a holder of Master of Business Administration degree from the University of Nairobi, was confirmed as the chief executive officer at National Oil, effective 1 August 2017.[8]
References
[edit]- ^ Herbling, David (7 August 2017). "National Oil acting chief executive confirmed". Business Daily Africa. Nairobi. Retrieved 24 February 2020.
- ^ a b NOCK (7 August 2017). "About National Oil Corporation of Kenya". Nairobi: National Oil Corporation of Kenya (NOCK). Retrieved 7 August 2017.
- ^ Herbling, David (1 December 2016). "Nock starts search for CEO to replace Hassan-Athmani". Business Daily Africa. Nairobi. Retrieved 7 August 2017.
- ^ Rubadiri, Victoria (21 May 2012). "Fuel just got cheaper at National Oil stations". Nairobi: Capital Broadcasting Network. Retrieved 21 July 2012.
- ^ Karambu, Immaculate (1 February 2016). "Kenya: National Oil Board Sends CEO On Forced Leave". Daily Nation via AllAfrica.com. Nairobi. Retrieved 7 August 2017.
- ^ Herbling, David (1 December 2016). "Nock starts search for CEO to replace Hassan-Athmani". Business Daily Africa. Nairobi. Retrieved 7 August 2017.
- ^ Vidija, Patrick (11 July 2016). "National Oil CEO's controversial term comes to an end". The Star (Kenya). Nairobi. Retrieved 7 August 2017.
- ^ Herbling, David (4 August 2017). "Confirmation of National Oil boss could stoke conflict of interest debate". Business Daily Africa. Nairobi. Retrieved 7 August 2017.
External links
[edit]| International | |
|---|---|
| National | |
