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National Oil Corporation of Kenya
State corporation of Kenya From Wikipedia, the free encyclopedia
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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]
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Location
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
As of August 2018, NOCK operates 155 retail stations across Kenya, up from 115 in May 2017.[4]
Controversy
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
External links
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