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The charges stem from events that transpired between September-December 2008 when Devani, as managing director of Triton Petroleum Company Limited, allegedly sold oil valued at Ksh 32 million ...
The paper trail, according to the defunct Kenya Anti-Corruption Commission (KACC) charge file, shows the oil was secretly sold to several marketers in the country. Triton had won the tender to ...
The High Court has declined Director of Public Prosecution (DPP) Renson Ingonga’s oral request to withdraw the Ksh7.6 billion graft case against businessman Yagnesh Devani in the Triton oil scandal.
"The acquisition of Triton Oil Ltd. represents our first transaction as we embark on a journey to build an integrated, customer-centric and technology-focused end-to-end global oil refinery business.
Triton expects oil to begin flowing from Ceiba by yearend from the first four wells drilled and completed in the field. Ceiba field is on Block G off the continental coast of Equatorial Guinea.
Businessman Yagnesh Devani is now a free man after running from justice for 16 years over the Sh7.6 billion Triton company oil scam. Devani was discharged after key witnesses, among them former ...
Mr Devani fled the country in December 2008 amid a storm over the Sh7.8 billion Triton oil scandal that hit the country, and attempts to have him repatriated from Britain to face the charges ...
April 1, 2025 UK's Serica Energy trims 2025 production forecast over 'frustrating' Triton issues British oil and gas group Serica Energy lowered its 2025 production forecast on Tuesday ...
U.K.-based oil firm Serica Energy has completed the repairs on Triton floating production storage and offloading (FPSO) unit, ...
The company said that the process of restarting Triton took longer than expected, with Serica also seeing a short period of unscheduled downtime at the Bruce oil and gas platform in the North Sea.
A court in Nairobi on Monday acquitted four persons who had been charged alongside Yagnesh Devani over the Triton oil saga. Milimani Magistrate Zainab Abdul said there was no evidence to implicate ...