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]
| 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/ |
Location
editThe 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
editAs of August 2018, NOCK operates 155 retail stations across Kenya, up from 115 in May 2017.[4]
Controversy
editIn 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.