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KENOL KOBIL

KENOL KOBIL

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KenolKobil Limited is an oil company. It is present and operational in seven countries across Eastern, Central and Southern Africa and encompass the supply, storage, distribution and retail of a wide range of petroleum products.
KenolKobil’s main offices are in Nairobi, Kenya with divisions in Burundi, Ethiopia, Kenya, Mozambique, Rwanda, Uganda and Zambia.
KenolKobil, then Kenya Oil Company Limited (abbreviated Kenol), was established on May 13, 1959 by R S Alexander as a Private limited company. The Company started its operations as a wholesaler of packaged Kerosene under the brand name “SAFI”. The company later began investing in service stations. In September 1959, Kenya Oil Company listed its shares on the Nairobi Securities Exchange making it the first petroleum company to be quoted on the exchange.
In the early 1980s, Kenol faced numerous financial challenges and was placed under receivership. The company came out of receivership in 1983 and its shareholders resumed full control of the business. In 1986, Kenol and Kobil Petroleum Limited, a Delaware registered holding company that acquired Mobil Oil’s assets in Kenya and Uganda in 1984 entered into a joint operations and management agreement. This agreement resulted in the sharing of distribution cost and managerial services thus enabling both companies to lower their operating costs and enhance profitability.
Kenol and Kobil joint operations and management agreement came to an end in 2007 when Kenol acquired 100% of the shares in Kobil Petroleum. To reflect its status as a unified company, the group’s name was changed from Kenya Oil Company Limited to KenolKobil.
As a growing pan African oil marketing company, it has perfected its business in the downstream sourcing and marketing of petroleum.

It trades in both crude and refined petroleum products which include motor fuels, industrial oils, LPG, aviation fuels, lubricants and various other specialist oils.

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0703022000
info@ke.kenolkobil.com
www.kenolkobil.com
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