Oil marketing in Kenya dates back to colonial times
In the 1900s, Royal Dutch Shell established the first depot at Shimanzi, Mombasa county
The sector has grown tremendously, with over 70 registered oil marketing companies operating more than 1,800 service stations
Oil marketing in Kenya dates back to colonial times in the 1900s when Royal Dutch Shell established the first depot at Shimanzi, Mombasa county . TotalEnergies Petrol Station in Syokimau, Machakos county. The sector has grown tremendously, with over 70 registered oil marketing companies operating more than 1,800 service stations, according to the Kenya Petroleum Industry Report 2021.
The top five oil companies control over 50% of the total market share. 1. Rubis Energies SAS
Rubis Energies is an independent French operator that was founded in 1990.
Rubis distributes petroleum products, liquified petroleum gas, and bitumen across Europe, the Caribbean, and Africa.
Over the years, it has expanded its presence in Africa. In March 2019, the company acquired the assets owned and operated by KenolKobil PLC and Gulf Energy Holdings in November 2019.
According to the Competition Authority of Kenya , which approved the acquisition, Rubis made a cash offer of KSh 23 per share for 1,182,968,076 shares, thereby taking 100% control of KenolKobil.
This has made it a significant player in the fuels distribution business in Kenya, enjoying a market share of about 20%, Business Daily reported. 2. TotalEnergies Marketing Kenya
TotalEnergies Marketing Kenya previously Total Kenya PLC has a network of over 200 service stations spread across the country.It is part of the global Total Group, the fourth-largest publicly-traded integrated international oil and gas company globally with a presence in over 100 countries.Its range of products includes fuels , lubricants, car care products, LPG, and solar lanterns. TotalEnergies operates two fuel depots, a lubricant blending plant, two Liquid Petroleum Gas (LPG), six aviation depots, and three lubes and LPG warehouses.The latest industry report ranked it second with an overall market share of 13.1%, including exports.In terms of petroleum sales market share for April and June 2019, it controlled 16.3%. 3. Vivo Energy Vivo Energy was established in 2011. It distributes and markets Shell-branded fuels and lubricants to retail and commercial customers in Africa.According to the Petroleum Institute of East Africa data, between April and September 2019, Vivo had an overall market share of 12.3%, including exports.In terms of petroleum sales market share in Kenya, it was behind Total […]